Magnificent Seven ETFs are in the spotlight as big tech earnings loom

[Number 7]
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Exchange traded funds concentrated in the “Magnificent Seven” megacap tech stocks are in sharp focus this week as several key members of the group prepare to release earnings.

Microsoft (MSFT [https://seekingalpha.com/symbol/MSFT]), Alphabet (GOOG [https://seekingalpha.com/symbol/GOOG])(GOOGL [https://seekingalpha.com/symbol/GOOGL]), and Meta Platforms (META [https://seekingalpha.com/symbol/META]) are set to report after Wednesday’s market close, followed by Apple (AAPL [https://seekingalpha.com/symbol/AAPL]) and Amazon (AMZN [https://seekingalpha.com/symbol/AMZN]) after the bell on Thursday. The results from these industry heavyweights could inject fresh volatility into markets, given their outsized influence across major equity benchmarks.

Any notable post-earnings moves—positive or negative—are expected to reverberate through ETFs with concentrated exposure to the Magnificent Seven group, which collectively account for a significant portion of U.S. stock market capitalization.

With investors closely watching for guidance on growth, cloud spending, and AI momentum, some funds are poised for heightened activity as quarterly numbers roll in.

Listed below are six ETFs that are built around the Magnificent Seven group that will all be in the spotlight as earnings data arrives:

* Roundhill Magnificent Seven ETF (MAGS [https://seekingalpha.com/symbol/MAGS])
* Roundhill Daily 2X Long Magnificent Seven ETF (MAGX [https://seekingalpha.com/symbol/MAGX])
* Roundhill Magnificent Seven Covered Call ETF (MAGY [https://seekingalpha.com/symbol/MAGY])
* Direxion Daily Magnificent 7 Bull 2X Shares ETF (QQQU [https://seekingalpha.com/symbol/QQQU])
* Direxion Daily Magnificent 7 Bear 1X Shares ETF (QQQD [https://seekingalpha.com/symbol/QQQD])
* YieldMax Magnificent 7 Fund of Option Income ETFs (YMAG [https://seekingalpha.com/symbol/YMAG])

Magnificent Seven year-to-date price action: Nvidia (NVDA [https://seekingalpha.com/symbol/NVDA]) +56.2%, Microsoft (MSFT [https://seekingalpha.com/symbol/MSFT]) +28.6%, Apple (AAPL [https://seekingalpha.com/symbol/AAPL]) +8.1%, Alphabet (GOOG [https://seekingalpha.com/symbol/GOOG])(GOOGL [https://seekingalpha.com/symbol/GOOGL]) +41.5%, Amazon (AMZN [https://seekingalpha.com/symbol/AMZN]) +4.3%, Meta Platforms +27.8%, and Tesla (TSLA [https://seekingalpha.com/symbol/TSLA]) +14.1%.

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