2024 was an amazing year for investment performance, with the broad market S&P 500 TR Index up over 28%. There were also some serious ETF milestones achieved this year.
The ETF offers exposure to the Magnificent Seven, which concentrates returns and elevates risk, as evidenced by historical periods of high concentration in the S&P 500 followed by declines. Projections indicate that EPS for the Magnificent Seven are expected to slow in 2025, while the rest of the S&P 500 is expected to show growth. The ETF trades at 37x P/E, close to all-time highs. I believe a...
The Roundhill Magnificent Seven ETF has outperformed since the election. MAGS uses total return swaps to comply with RIC diversification tests, freeing up AUM to invest in UST Bills, which will provide a special year-end dividend. Despite a mid-year lag due to market conditions, MAGS has regained its lead, with Tesla's performance and other factors contributing to its recent success.
The 'Undercovered' Dozen series highlights lesser-covered ETFs, offering insights from various authors on potential investment opportunities and market trends. Global X Uranium ETF is seen as well-placed for a uranium bull market, driven by increasing demand for nuclear energy from major tech companies. iShares MSCI India ETF offers exposure to India's fast-growing economy, presenting perhaps a...
The "Magnificent-7" tech giants reported strong earnings results for the September quarter, with only Tesla failing to deliver a double beat on top and bottom-line estimates. In this note, we briefly discuss Mag-7 earnings and CAPEX + R&D spending to gauge future ambitions. Despite healthy business momentum, "Mag-7" stock valuations appear stretched, suggesting a cautious approach amid an uncer...
MAGS is the first and only U.S. listed ETF offering targeted exposure to the "Magnificent Seven" stocks. NEW YORK , Nov. 12, 2024 /PRNewswire/ -- Roundhill Investments, an ETF sponsor focused on innovative financial products, is pleased to announce that the Roundhill Magnificent Seven ETF (MAGS) has surpassed $1 billion in assets under management (AUM).1 MAGS is the only U.S. ETF offering preci...
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