QUICK SPARK: S&P 493 Hammers Magnificent Seven in the Year of the Underdog
An exchange-traded fund holding the S&P 500 minus those seven names is outperforming the Magnificent Seven group by nearly 17 percentage points this year. The Defiance Large Cap Ex-Magnificent Seven ETF (NASDAQ: XMAG ) is up 12.9% year to date. The Roundhill Magnificent Seven ETF (BATS: MAGS ) is down 3.7%. Thursday am