"Beyond the Magnificent Seven: A New ETF and Top Tech Stocks to Consider"

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Source: The Motley Fool
"Beyond the Magnificent Seven: A New ETF and Top Tech Stocks to Consider"
Photo: The Motley Fool
TL;DR Summary

The Roundhill Magnificent Seven ETF offers a passive strategy for investors to benefit from the biggest names in AI, including Apple, Microsoft, Alphabet, Amazon, Meta, Nvidia, and Tesla. With a total return of nearly 46% since its inception in April 2023, the ETF has outperformed the S&P 500, making it an intriguing option for those interested in mega-cap tech. While the ETF is heavily concentrated in tech companies, it provides exposure to various end-markets and could be a prudent way to invest in AI without building positions in each individual member.

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