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Which Magnificent Seven stocks are these popular ASX ETFs excluding for investment?

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Some fund managers and index providers are not investing in every one of the Magnificent Seven companies. The post Which Magnificent Seven stocks are these popular ASX ETFs excluding for investment? appeared first on The Motley Fool Australia.
The article from MSN discusses how popular ASX-listed ETFs are excluding certain stocks from the "Magnificent Seven" tech giants for investment. The "Magnificent Seven" refers to leading U.S. tech companies like Apple, Microsoft, Amazon, Alphabet (Google), Meta (formerly known as Facebook), Tesla, and Nvidia. ETFs like the Betashares Global X FANG+ ETF (FANG) and the Betashares Global Cybersecurity ETF (HACK) have specific criteria for inclusion. For instance, FANG includes only a subset of these tech giants, focusing on companies with significant market influence in technology and internet sectors. Meanwhile, HACK focuses on cybersecurity firms, thus excluding most of the Magnificent Seven except for companies like Microsoft, which has a cybersecurity division. This selective inclusion is based on the ETFs' thematic focus, aiming to provide targeted exposure to specific sectors or themes rather than broad market representation.

Read the Full MSN Article at:
[ https://www.msn.com/en-au/money/top-stocks/which-magnificent-seven-stocks-are-these-popular-asx-etfs-excluding-for-investment/ar-AA1z56f8 ]