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New ETFs offer focused exposure to or avoidance of the tech-heavy Magnificent Seven stocks.

Market News
13 Jun 2026
24/7 Wall Street
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Neutral
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The Magnificent Seven—Microsoft, Apple, Alphabet, Amazon, Meta, Nvidia, and Tesla—dominate major U.S. indexes like the S&P 500 and Nasdaq-100. Investors can now choose ETFs that either concentrate solely on these tech giants, like the Roundhill Magnificent Seven ETF (MAGS), or exclude them entirely, such as the Defiance Large Cap ex-MAG7 ETF (XMAG). MAGS offers equal-weight exposure to the seven stocks with low trading costs and some income potential, while XMAG provides broad market exposure without the concentration risk of these top tech firms, though with slightly less liquidity. These options allow investors to tailor their exposure based on their views of the tech sector's growth and risks.

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