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Zacks Market Edge Highlights: NVIDIA, MAGS, NVDL, VGT and SMH
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For Immediate Release
Chicago, IL – July 15, 2024 – Zacks Market Edge is a podcast hosted weekly by Zacks Stock Strategist Tracey Ryniec. Every week, Tracey will be joined by guests to discuss the hottest investing topics in stocks, bonds and ETFs and how it impacts your life. To listen to the podcast, click here: https://www.zacks.com/stock/news/2301097/want-to-own-nvidia-buy-these-etfs
Want to Own NVIDIA? Buy These ETFs
(0:30) - Can You Gain Exposure To NVDA Without Owning The Stock?
Welcome to Episode #408 of the Zacks Market Edge Podcast.
Every week, host and Zacks stock strategist, Tracey Ryniec, will be joined by guests to discuss the hottest investing topics in stocks, bonds, and ETFs and how it impacts your life.
This week, Neena Mishra, Zacks Director of Research, joins the podcast to discuss the ways investors can own NVIDIA (NVDA - Free Report) through ETFs. Obviously, you could just buy NVIDIA, the stock. But some investors want more diversity.
You could get shares of NVIDIA with a basic S&P 500 ETF but there are other ETFs where NVIDIA is more of a focus, including technology ETFs.
Which ETFs should investors consider?
4 ETFs that Hold NVIDIA: Should You Buy?
1. Roundhill Magnificent 7 ETF
The Magnificent 7 ETF (MAGS - Free Report) holds just 7 stocks, with NVIDIA among them. MAGS is an equal weight ETF with an expense ratio of 0.29%.
Shares of MAGS are up 42.3% year-to-date with the S&P 500 up just 18.1%.
Should you buy all of the Magnificent 7 stocks, including NVIDIA, with MAGS?
2. GraniteShares 2x Long NVDA Daily ETF
The 2x Long NVDA Daily ETF (NVDL - Free Report) is just what it sounds like. It’s a double long NVIDIA ETF. Sounds great on the way up, but might not be so fun on the way down.
Shares of NVDL are up 122.1% year-to-date but it shouldn’t really be held for long periods. These double long ETFs are designed for short-term trading.
With an expense ratio of 1.15%, is NVDL the ETF if you want to make a big bet on NVIDIA?
3. Vanguard Information Technology ETF
Vanguard Information Technology ETF (VGT - Free Report) is a large ETF with $87.6 billion in assets. VGT holds 321 stocks but the top 3 stocks in the portfolio are three mega-cap technology stocks. NVIDIA is the third largest holding at 14% of the portfolio.
VGT is a lower cost ETF with an expense ratio of just 0.1%. Shares have gained 23% year-to-date which is outperforming the S&P 500, up 18.1%.
Is it too late to buy into a technology ETF like VGT?
VanEck Semiconductor ETF is a popular ETF if you want to own NVIDIA because NVIDIA is its largest holding, at 20.2% of the portfolio.
SMH has gained 55% year-to-date, easily beating the S&P 500 at 18%. SMH has an expense ratio of 0.35%.
Should an ETF that focuses on semiconductors exclusively, like SMH, be at the top of your list?
What else do you need to know about ETFs that own NVIDIA?
Tune into this week’s video podcast to find out.
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Since 2000, our top stock-picking strategies have blown away the S&P's +7.0 average gain per year. Amazingly, they soared with average gains of +44.9%, +48.4% and +55.2% per year.
Today you can access their live picks without cost or obligation.
Zacks Investment Research is under common control with affiliated entities (including a broker-dealer and an investment adviser), which may engage in transactions involving the foregoing securities for the clients of such affiliates.
Past performance is no guarantee of future results. Inherent in any investment is the potential for loss.This material is being provided for informational purposes only and nothing herein constitutes investment, legal, accounting or tax advice, or a recommendation to buy, sell or hold a security. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. It should not be assumed that any investments in securities, companies, sectors or markets identified and described were or will be profitable. All information is current as of the date of herein and is subject to change without notice. Any views or opinions expressed may not reflect those of the firm as a whole. Zacks Investment Research does not engage in investment banking, market making or asset management activities of any securities. These returns are from hypothetical portfolios consisting of stocks with Zacks Rank = 1 that were rebalanced monthly with zero transaction costs. These are not the returns of actual portfolios of stocks. The S&P 500 is an unmanaged index. Visit https://www.zacks.com/performance for information about the performance numbers displayed in this press release.
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Zacks Market Edge Highlights: NVIDIA, MAGS, NVDL, VGT and SMH
For Immediate Release
Chicago, IL – July 15, 2024 – Zacks Market Edge is a podcast hosted weekly by Zacks Stock Strategist Tracey Ryniec. Every week, Tracey will be joined by guests to discuss the hottest investing topics in stocks, bonds and ETFs and how it impacts your life. To listen to the podcast, click here: https://www.zacks.com/stock/news/2301097/want-to-own-nvidia-buy-these-etfs
Want to Own NVIDIA? Buy These ETFs
Welcome to Episode #408 of the Zacks Market Edge Podcast.
Every week, host and Zacks stock strategist, Tracey Ryniec, will be joined by guests to discuss the hottest investing topics in stocks, bonds, and ETFs and how it impacts your life.
This week, Neena Mishra, Zacks Director of Research, joins the podcast to discuss the ways investors can own NVIDIA (NVDA - Free Report) through ETFs. Obviously, you could just buy NVIDIA, the stock. But some investors want more diversity.
You could get shares of NVIDIA with a basic S&P 500 ETF but there are other ETFs where NVIDIA is more of a focus, including technology ETFs.
Which ETFs should investors consider?
4 ETFs that Hold NVIDIA: Should You Buy?
1. Roundhill Magnificent 7 ETF
The Magnificent 7 ETF (MAGS - Free Report) holds just 7 stocks, with NVIDIA among them. MAGS is an equal weight ETF with an expense ratio of 0.29%.
Shares of MAGS are up 42.3% year-to-date with the S&P 500 up just 18.1%.
Should you buy all of the Magnificent 7 stocks, including NVIDIA, with MAGS?
2. GraniteShares 2x Long NVDA Daily ETF
The 2x Long NVDA Daily ETF (NVDL - Free Report) is just what it sounds like. It’s a double long NVIDIA ETF. Sounds great on the way up, but might not be so fun on the way down.
Shares of NVDL are up 122.1% year-to-date but it shouldn’t really be held for long periods. These double long ETFs are designed for short-term trading.
With an expense ratio of 1.15%, is NVDL the ETF if you want to make a big bet on NVIDIA?
3. Vanguard Information Technology ETF
Vanguard Information Technology ETF (VGT - Free Report) is a large ETF with $87.6 billion in assets. VGT holds 321 stocks but the top 3 stocks in the portfolio are three mega-cap technology stocks. NVIDIA is the third largest holding at 14% of the portfolio.
VGT is a lower cost ETF with an expense ratio of just 0.1%. Shares have gained 23% year-to-date which is outperforming the S&P 500, up 18.1%.
Is it too late to buy into a technology ETF like VGT?
4. VanEck Semiconductor ETF (SMH - Free Report)
VanEck Semiconductor ETF is a popular ETF if you want to own NVIDIA because NVIDIA is its largest holding, at 20.2% of the portfolio.
SMH has gained 55% year-to-date, easily beating the S&P 500 at 18%. SMH has an expense ratio of 0.35%.
Should an ETF that focuses on semiconductors exclusively, like SMH, be at the top of your list?
What else do you need to know about ETFs that own NVIDIA?
Tune into this week’s video podcast to find out.
Why Haven’t You Looked at Zacks' Top Stocks?
Since 2000, our top stock-picking strategies have blown away the S&P's +7.0 average gain per year. Amazingly, they soared with average gains of +44.9%, +48.4% and +55.2% per year.
Today you can access their live picks without cost or obligation.
See Stocks Free >>
Zacks Investment Research is under common control with affiliated entities (including a broker-dealer and an investment adviser), which may engage in transactions involving the foregoing securities for the clients of such affiliates.
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Past performance is no guarantee of future results. Inherent in any investment is the potential for loss.This material is being provided for informational purposes only and nothing herein constitutes investment, legal, accounting or tax advice, or a recommendation to buy, sell or hold a security. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. It should not be assumed that any investments in securities, companies, sectors or markets identified and described were or will be profitable. All information is current as of the date of herein and is subject to change without notice. Any views or opinions expressed may not reflect those of the firm as a whole. Zacks Investment Research does not engage in investment banking, market making or asset management activities of any securities. These returns are from hypothetical portfolios consisting of stocks with Zacks Rank = 1 that were rebalanced monthly with zero transaction costs. These are not the returns of actual portfolios of stocks. The S&P 500 is an unmanaged index. Visit https://www.zacks.com/performance for information about the performance numbers displayed in this press release.