LEVERAGE SHARES PLC 5X LONG MAGNIFICENT 7 ETP 26/03/74 USD

An exchange-traded fund (ETF) is a collection of assets (stocks, bonds, commodities, etc.) that track an underlying index and can be bought on an exchange like individual stocks.

MAG7 trades at 14.900 USD today, its price has fallen −5.25% in the past 24 hours. Track more dynamics on MAG7 price chart.

MAG7 net asset value is 14.22 today — it's risen 176.06% over the past month. NAV represents the total value of the fund's assets less liabilities and serves as a gauge of the fund's performance.

MAG7 assets under management is ‪44.83 M‬ USD. AUM is an important metric as it reflects the fund's size and can serve as a gauge of how successful the fund is in attracting investors, which, in its turn, can influence decision-making.

MAG7 price has risen by 167.38% over the last month, and its yearly performance shows a −26.31% decrease. See more dynamics on MAG7 price chart.
NAV returns, another gauge of an ETF dynamics, showed a −64.40% decrease in three-month performance and has decreased by −68.51% in a year.

MAG7 fund flows account for ‪29.37 M‬ USD (1 year). Many traders use this metric to get insight into investors' sentiment and evaluate whether it's time to buy or sell the fund.

Since ETFs work like an individual stock, they can be bought and sold on exchanges (e.g. NASDAQ, NYSE, EURONEXT). As it happens with stocks, you need to select a brokerage to access trading. Explore our list of available brokers to find the one to help execute your strategies. Don't forget to do your research before getting to trading. Explore ETFs metrics in our ETF screener to find a reliable opportunity.

MAG7 invests in stocks. See more details in our Analysis section.

Yes, MAG7 is a leveraged ETF, meaning it uses borrowings or financial derivatives to magnify the performance of the underlying assets or index it follows.

In some ways, ETFs are safe investments, but in a broader sense, they're not safer than any other asset, so it's crucial to analyze a fund before investing. But if your research gives a vague answer, you can always refer to technical analysis.
Today, MAG7 technical analysis shows the neutral rating and its 1-week rating is neutral. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1-month rating MAG7 shows the buy signal. See more of MAG7 technicals for a more comprehensive analysis.

No, MAG7 doesn't pay dividends to its holders.

MAG7 trades at a premium (10.56%).
Premium/discount to NAV expresses the difference between the ETF’s price and its NAV value. A positive percentage indicates a premium, meaning the ETF trades at a higher price than the calculated NAV. Conversely, a negative percentage indicates a discount, suggesting the ETF trades at a lower price than NAV.

MAG7 shares are issued by Leverage Shares LLC

MAG7 follows the Solactive Magnificent 7 Index - Benchmark TR Net. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.

The fund started trading on Mar 26, 2024.