Cenovus Energy Inc vs Roundhill Magnificent Seven ETF — how do they compare? Cenovus Energy Inc trades at $29.77 (market cap $55.00B), while Roundhill Magnificent Seven ETF trades at $68.54. The key difference: Cenovus Energy Inc pays a 2.09% dividend while Roundhill Magnificent Seven ETF pays none. Which is the better fit depends on your goals.
| CVE | MAGS | |
|---|---|---|
Market Cap | $55.00B | — |
Sector | Energy | Sector/Thematic |
52-Week High | $31.80 | $70.94 |
52-Week Low | $14.83 | $55.39 |
Enterprise Value | $61.08B | — |
Dividend Yield | 2.09% | — |
Trailing returns across standard periods
Cenovus Energy is an integrated oil company, focused on creating value through the development of its oil sands assets. The company also engages in production of conventional crude oil, natural gas liquids, and natural gas in Alberta, Canada, with refining operations in the U.S. Net upstream production averaged 472 thousand barrels of oil equivalent per day in 2020, and the company estimates that it holds 6.7 billion boe of proven and probable reserves.
Read more on CVE →MAGS is an ETF that provides concentrated exposure to the seven technology-focused mega-cap companies often referred to as the 'Magnificent Seven' (Alphabet, Amazon, Apple, Meta, Microsoft, NVIDIA, and Tesla). The fund is designed to capture the performance of these market-leading stocks, which have been the primary drivers of market returns. It offers a simple way for investors to invest solely in this select group of high-growth technology companies.
Read more on MAGS →