📈 In 2023, the ‘Magnificent Seven’ (Apple, Microsoft, Alphabet, Meta, Tesla, Nvidia, and Amazon) generated a 76% return.
📊 The remaining 493 companies in the S&P 500 generated only an 8% return in the same period.
🗓️ In 2024, these seven companies generated a 48% return, compared to 10% for the other 493.
⚠️ ETF investors should understand that recent S&P 500 returns are largely due to these few companies, not the entire index.
@InvertirdesdeCero:
“In 2023, the magnificent seven: Apple, Microsoft, Alphabet, Meta, Tesla, Nvidia, and Amazon, generated a return of 76%, while the remaining 493 companies of the S&P 500 generated only 8%. One year later, 2024, those same seven companies generated a 48% return, while if we look again at the remaining 493, these only generated 10% during that same period. The reality is that the impressive return of any ETF that replicates the S&P 500 performance in the last 2 years is not due to the 500 companies that compose it, but to the seven super companies.”
Watch the exact part of the video where @InvertirdesdeCero talks about The Magnificent Seven here:
View the video on YouTube.
Read more articles featuring the most recent analysis of The Magnificent Seven at this link: BLOG.
