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AI-Focused ETF Outperforms Market with 2.4X Returns Since Inception
AI-Focused ETF Outperforms Market with 2.4X Returns Since Inception
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BTCCSquare news:
The Roundhill Magnificent Seven ETF (MAGS) has delivered 2.4 times the market returns since its launch, exclusively holding profitable companies at the forefront of artificial intelligence. This concentrated portfolio comprises the 'Magnificent Seven' stocks: Alphabet (GOOG, GOOGL), Amazon (AMZN), Apple (AAPL), Meta (META), Microsoft (MSFT), Nvidia (NVDA), and Tesla (TSLA).
AI's transformative potential across industries makes this thematic ETF a compelling alternative to broad market indices. While Warren Buffett advocates S&P 500 index funds for most investors, targeted exposure to AI leaders through vehicles like MAGS—trading at $62.93 per share as of September 12—could offer superior long-term growth for risk-tolerant capital.
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