Big Tech Earnings Coming Up: Spotlight on Mag 7 ETFs
ETFs to Tap
Given this, investors may want to invest in these stocks through ETFs. Below, we have highlighted some ETFs with the largest exposure to Mag 7.Roundhill Magnificent Seven ETF (MAGS): It is the first-ever ETF offering investors equal-weight exposure to the Magnificent 7 stocks. MicroSectors FANG+ ETN (FNGS): This ETN is linked to the performance of the NYSE FANG+ Index, which is equal-dollar weighted and designed to provide exposure to a group of highly traded growth stocks of next-generation technology and tech-enabled companies. The note accounts for a 10% share in each of the seven stocks. MicroSectors FANG+ ETN has a Zacks ETF Rank #3 (see: all the Technology ETFs here).iShares Top 20 U.S. Stocks ETF (TOPT): It offers exposure to the potential growth of mega-cap stocks, which may benefit from their scale and resources. The in-focus four firms account for a combined 38% share. TOPT has a Zacks ETF Rank #2.
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