Yes, it would be compatible. Per the manufacturer: Rated for the standard cartridges in the following calibers: 223 Rem, 5.56 x 45 NATO, 224 Valkyrie, 224 Weatherby Mag, 22-250 Rem, 222 Rem Mag, 222 Rem, 22 Nozler, 220 Swift, 22 PPC, 22 BR, 22 Hornet, 204 Ruger, 218 Bee
*the 5.7x28 is a .224 diameter bullet, so it would be compatible.