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FANG and FAANG have outperformed the Magnificent Seven by at least 2 times YTD (1 Jan to 26 Jan 2024)!

Hello Mooers,

A short overview of equal weighted FANG, FAANG, and the Magnificent Seven YTD performance (1 Jan to 26 Jan 2024), rounded to 5 decimal places.

FANG 10.5925%
FAANG 8.462%
Magnificent Seven 4.22286%

Mooers may be wondering what FANG, FAANG, and the Magnificent Seven are. The acronym FANG stands for four popular American stocks in 2013: Facebook (Meta), Amazon, Netflix, and Google (Alphabet). Apple was later added to the FANG, forming the FAANG in 2017. The Magnificent Seven was coined in 2023, ten years after FANG.

A quick overview of the stocks and their YTD performance inside FANG, FAANG, and the Magnificent Seven is provided below.

FAANG
Meta Platforms 11.35%
Amazon 4.73%
$Apple(AAPL.US)$ -0.06%
Netflix 17.16%
Alphabet-C 9.13%
Magnificent Seven
$NVIDIA(NVDA.US)$ 23.24%
Meta Platforms 11.35%
Alphabet-C 9.13%
$Microsoft(MSFT.US)$ 7.42%
Amazon 4.73%
Apple -0.06%
$Tesla(TSLA.US)$ -26.25%

If you can only own one of them in 2024, which one will you choose?

That's all for today, and always remember to DYODD (Do your own due diligence) when making any kind of investment.

Thank you and adios!
Disclaimer: Community is offered by Moomoo Technologies Inc. and is for educational purposes only. Read more
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