# Roundhill Magnificent Seven Covered Call ETF (MAGY) — Overview

MAGY · BATS · Fund

Canonical page: https://www.lighthorse.io/tickers/magy

## Price

Last close $43.49 on Oct 15, 2026. 52-week range $39.96 – $57.54.

## Fund profile

MAGY uses a fund-of-funds approach to provide current income and capped gains on MAGS ETF through a covered call strategy. The fund provides long exposure to Magnificent Seven tech companies, while using both standardized exchange-traded and FLEX options.

| Metric | Value |
| --- | --- |
| Issuer | Roundhill Financial Inc. |
| Industry | Theme |
| Inception | Apr 23, 2025 |
| Assets under management | $97.4M |
| Expense ratio | 0.99% |
| Net asset value | $43.46 (as of Oct 15, 2026) |
| Distributions | Weekly |
| Leverage | 1x |

## Frequently Asked Questions

### What is Roundhill Magnificent Seven Covered Call ETF (MAGY)?

MAGY uses a fund-of-funds approach to provide current income and capped gains on MAGS ETF through a covered call strategy. The fund provides long exposure to Magnificent Seven tech companies, while using both standardized exchange-traded and FLEX options.

### What is MAGY's expense ratio?

Roundhill Magnificent Seven Covered Call ETF charges an annual expense ratio of 0.99%. The fund is issued by Roundhill Financial Inc..

### How large is MAGY?

Roundhill Magnificent Seven Covered Call ETF manages $97.4M in assets and has traded since Apr 23, 2025.

### How do I buy shares of Roundhill Magnificent Seven Covered Call ETF (MAGY)?

MAGY trades commission-free with a Light Horse Securities brokerage account — from the mobile app, the web at [Light Horse Dashboard](https://portal.lighthorse.io), the trading API, or an [AI agent connected over MCP](/instructions/ai/claude). The trade panel on this page places the order once you are signed in.

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This page is for informational purposes only. Nothing on it is a recommendation, solicitation or offer to buy or sell any security, nor investment, legal or tax advice. Light Horse Securities Inc does not verify third-party data and is not responsible for its accuracy, completeness or timeliness.

Data provided by [AInvest](https://www.ainvest.com).