Roundhill launches inverse & leveraged ‘Magnificent Seven' ETFs
The Roundhill Daily Inverse Magnificent Seven ETF (MAGQ US) and Roundhill Daily 2X Long Magnificent Seven ETF (MAGX US) have been listed on Nasdaq with expense ratios of 0.95% each.
MAGQ and MAGX offer inverse (-100%) and twice (+200%) the daily return, respectively, of the $160 million Roundhill Magnificent Seven ETF (MAGS US).
https://www.etfstrategy.com/roundhill-launches-inverse-leveraged-magnificent-seven-etfs-10339/
Direxion launches inverse & leveraged ‘Magnificent Seven' ETFs
The Direxion Daily Concentrated Qs Bear 1X Shares (QQQD US) and Direxion Daily Concentrated Qs Bull 2X Shares (QQQU US) have been listed on Nasdaq with expense ratios of 0.57% and 1.07%, respectively.
QQQD and QQQU offer inverse (-100%) and twice (+200%) the daily return, respectively, of the Indxx Front of the Q Index.
https://www.etfstrategy.com/direxion-launches-inverse-leveraged-magnificent-seven-etfs-10339/