ETF Evaluator: Roundhill China Magnificent Seven ETF () Follow This ETF

Roundhill China Magnificent Seven ETF Overview

Roundhill China Magnificent Seven ETF (MAGC) is an actively managed International Equity Greater China Region exchange-traded fund (ETF). Roundhill Investments launched the ETF in 2024.

The investment seeks to provide capital appreciation. The fund is an actively managed exchange-traded fund (“ETF”) that seeks to achieve its investment objective through exposure to a concentrated basket of seven of the largest and most innovative Chinese companies (the “Chinese Magnificent Seven”), as determined by the fund’s investment adviser, Roundhill Financial Inc. (“Roundhill” or the “Adviser”).

About Roundhill China Magnificent Seven ETF (MAGC)

There are 7 members of the management team with an average tenure of 1.83 years: William Hershey (2024), Andrew Serowik (2024), Timothy Maloney (2024), Gabriel Tan (2024), Todd Alberico (2024), Brian Cooper (2024) and David Mazza (2024). Management tenure is more important for actively managed ETFs than passive index ETFs.

The ETF has 1 primary benchmark: Solactive GBS Glb Mar All Cap USD TR index with a weighting of 100%. Roundhill China Magnificent Seven ETF has 17 securities in its portfolio. The top 10 holdings constitute 158.2% of the ETF’s assets. The ETF meets the SEC requirement of being classified as a diversified fund. The ETF is not considered to have an ESG focus with its investment selection and management.

Roundhill China Magnificent Seven ETF is part of the Equity global asset class and is within the International Equity ETF group. Roundhill China Magnificent Seven ETF has 67.6% of its portfolio invested in foreign issues. The overall assets allocated to domestic stock is 0.0% There is 67.6% allocated to foreign stock, and 0.0% is allocated to preferred stocks. The bond allocation as a percentage of total assets is 0.0% (0.0% domestic bond, 0.0% foreign bond and 0.0% convertible bond). Roundhill China Magnificent Seven ETF has 4.5% of the portfolio in cash.

Assets Under Management

The fund has $14 million in total assets, which is below the $1 billion average for the Greater China Region category. Normally, lower assets under management translates to higher average expense ratios, and greater total assets are desired. However, for some investment categories, such as small-cap investing, it may be difficult for the manager to fully employ the desired active strategy if assets grow too large or too quickly.

MAGC Performance and Fees

The expense ratio measures how much of a fund’s assets are used for administrative expenses and operating expenses, including adviser fees and fees for the transfer agent and custodial services. The Roundhill China Magnificent Seven ETF expense ratio is above average compared to funds in the Greater China Region category. Roundhill China Magnificent Seven ETF has an expense ratio of 0.60%, which is 8% lower than its category average, making the fund expense ratio grade a B. While it is difficult to predict returns, it is known that high annual expense ratios reduce your rate of return, and excessive fees are difficult to overcome. Active management normally comes with higher expense ratios than passive index management. Certain investment categories such as small company and foreign also normally have higher expense ratios. It is best to compare fund expense ratios against the category averages for meaningful assessments.

High portfolio turnover can translate to higher expenses and lower aftertax returns. Roundhill China Magnificent Seven ETF has a portfolio turnover rate of 116%, which indicates that it holds its assets around / 0.0 years. By way of comparison, the average portfolio turnover is 56% for the Greater China Region category.

Recently, in the month of July 2026, Roundhill China Magnificent Seven ETF returned 21.8%, which earned it a grade of A, as the Greater China Region category had an average return of -0.9%. The letter grades of A, B, C, D and F are based upon relative rankings within the investment category. A grade of A, for example, would indicate that the return is in the highest 20% for that time period compared to all ETFs in that category.

Roundhill China Magnificent Seven ETF has a trailing yield of 4.71%, which is above the 3.41% category average. The fund normally distributes its income annually and its capital gains annually.

It’s natural to seek the best-performing investments, but you must consider the relationship between risk and return and the impact of costs and taxes on your realized returns.

Roundhill China Magnificent Seven ETF Grades

Year to date, the ETF has returned -12.9%, 15.0 percentage points worse than the category, which translates into a grade of F. The fund has returned -15.2% over the past year (grade of F).

For more ETF grades, analysis and screening tools to help your investment discovery, join AAII for a $2, full-access trial. Learn more here: https://invest.aaii.com/membership.

Otherwise, for more information about Roundhill China Magnificent Seven ETF, including its riskiness, submit your email to unlock the rest of the article.