There is a MAGS ETF available to see how the magnificent 7 do on an equal weighted basis.
“There is a MAGS ETF available to see how the magnificent 7 do on an equal weighted basis.”
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Interesting. it has done well vis-a-vis the SP500. But there’s only $85mm in it. No expense ratio is listed, but I’ll bet it’s high at this point. And only 3mm shares. Liquidity could be low, and bid-ask spreads may be high.
Worth keeping an eye on, though. Thanks.