Redhill Daily 2x Leveraged & Inverse ETF logo

Redhill Daily 2x Leveraged & Inverse ETF (MAGX)

Market Closed
10 Aug, 20:00
BATS BATS
$
57. 79
-0.14
-0.2413%
$
51.49M Market Cap
- Div Yield
27,577 Volume
$ 57.93
Previous Close
Investors:
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Day Range
57.4 58.57
Year Range
38.72 63.47
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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