The Magnificent 7 — Apple, Microsoft, Alphabet, Amazon, Meta, Nvidia, and Tesla — have driven the majority of US large-cap returns over the past several years, with the AI buildout concentrating an outsized share of equity-market gains in this small group. Rather than picking individual winners, some traders prefer to take amplified exposure to all seven names at once.
Below are the only three leveraged ETFs that wrap the Mag 7 as a basket. Two are 2x long and one is 1x inverse — meaningfully different daily-reset mechanics from holding the individual single-stock leveraged ETFs that target each of these names. We break down each fund with charts and key details.
Looking for a specific Mag 7 stock? Each constituent has its own dedicated leveraged ETF post — AAPL, MSFT, GOOGL, AMZN, META, NVDA, and TSLA.
Quick Overview
| Ticker | Fund Name | Leverage | Direction | Expense Ratio | AUM |
|---|---|---|---|---|---|
| Long | |||||
| QQQU | Direxion Daily Magnificent 7 Bull 2X Shares | 2x | Long | 0.98% | $80.1M |
| MAGX | Daily 2X Long Magnificent Seven ETF | 2x | Long | 0.95% | $67.2M |
| Short (Inverse) | |||||
| QQQD | Direxion Daily Magnificent 7 Bear 1X Shares | 1x | Short | 0.50% | $28.5M |
QQQU
Direxion Daily Magnificent 7 Bull 2X Shares
Direxion's 2x bull ETF on the Indxx Magnificent 7 Index (Apple, Microsoft, Alphabet, Amazon, Meta, Nvidia, Tesla). Tracks the basket rather than any single name.
MAGX
Daily 2X Long Magnificent Seven ETF
Roundhill's competing 2x bull Mag 7 ETF. Uses their own Magnificent Seven basket instead of the Indxx index. Day-to-day moves are very similar to QQQU.
QQQD
Direxion Daily Magnificent 7 Bear 1X Shares
The only inverse Mag 7 ETF. Note that it is 1x daily, not 2x — so less decay than a 2x or 3x inverse would have.
Risk Warning: Leveraged and inverse ETFs are complex financial instruments that may not be suitable for all investors. Past performance does not guarantee future results. Please consult with a financial advisor before making investment decisions.