MAGS: Is the Magnificent 7 the best ETF money can buy?
The Roundhill Magnificent 7 ETF (MAGS) has become a fast-growing ETF this year, helped by the strong performance of most of its constituents. It recently jumped to a record high of $40.37, which was much higher than its all-time low of $30.20. It has also added over $240 million in assets. Magnificent 7 chart Magnificent 7 are doing wellCompanies that make up the Magnificent 7 are the most important ones globally. For example, Microsoft’s Azure, Amazon’s AWS, and Google Cloud run the world. AWS has a market share of 31% while Azure and Google Cloud have 24% and 11%, respectively. That means th...