Redhill Daily 2x Leveraged & Inverse ETF logo

Redhill Daily 2x Leveraged & Inverse ETF (MAGX)

Market Closed
16 Oct, 08:00 PM
BATS BATS
$
60. 36
-2.49
-3.9618%
$
58.63M Market Cap
- Div Yield
56,000 Volume
$ 62.85
Previous Close
Investors:
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Day Range
59.54 63.05
Year Range
38.72 66.62
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MAGX: Leveraging Magnificent 7 Returns While They Last

MAGX: Leveraging Magnificent 7 Returns While They Last

Market showing signs of stress, potential gradual decline before another bull run. MAGX ETF provides 2X exposure to Magnificent 7 stocks, boosting portfolio returns during market gains. Risks of leveraged ETFs include daily rebalancing causing volatility decay, potential for eroded returns on down days.

Seekingalpha | 2 years ago