{"id":703504,"date":"2026-05-30T03:40:07","date_gmt":"2026-05-30T03:40:07","guid":{"rendered":"https:\/\/www.newsbeep.com\/au\/703504\/"},"modified":"2026-05-30T03:40:07","modified_gmt":"2026-05-30T03:40:07","slug":"asx-investors-are-you-overinvested-in-the-magnificent-7-without-knowing-it","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/au\/703504\/","title":{"rendered":"ASX investors: Are you overinvested in the Magnificent 7 without knowing it?"},"content":{"rendered":"<p>I&#8217;d wager that most Australians would be quite familiar with most of the companies that make up the &#8216;Magnificent 7&#8217;, even though their home is half a world away.<\/p>\n<p>Even if you have never invested in the likes of Microsoft Corporation (<a class=\"tickerized-link\" href=\"https:\/\/www.fool.com.au\/tickers\/nasdaq-msft\/\" rel=\"nofollow noopener\" target=\"_blank\">NASDAQ: MSFT<\/a>) or Amazon.com Inc (<a class=\"tickerized-link\" href=\"https:\/\/www.fool.com.au\/tickers\/nasdaq-amzn\/\" rel=\"nofollow noopener\" target=\"_blank\">NASDAQ: AMZN<\/a>), chances are you have used their products or services, probably recently. Ditto with Alphabet Inc (<a class=\"tickerized-link\" href=\"https:\/\/www.fool.com.au\/tickers\/nasdaq-goog\/\" rel=\"nofollow noopener\" target=\"_blank\">NASDAQ: GOOG<\/a>)(<a class=\"tickerized-link\" href=\"https:\/\/www.fool.com.au\/tickers\/nasdaq-googl\/\" rel=\"nofollow noopener\" target=\"_blank\">NASDAQ: GOOGL<\/a>), Meta Platforms Inc (<a class=\"tickerized-link\" href=\"https:\/\/www.fool.com.au\/tickers\/nasdaq-meta\/\" rel=\"nofollow noopener\" target=\"_blank\">NASDAQ: META<\/a>) and Apple Inc (<a class=\"tickerized-link\" href=\"https:\/\/www.fool.com.au\/tickers\/nasdaq-aapl\/\" rel=\"nofollow noopener\" target=\"_blank\">NASDAQ: AAPL<\/a>). Tesla Inc (<a class=\"tickerized-link\" href=\"https:\/\/www.fool.com.au\/tickers\/nasdaq-tsla\/\" rel=\"nofollow noopener\" target=\"_blank\">NASDAQ: TSLA<\/a>) and NVIDIA Corporation (<a class=\"tickerized-link\" href=\"https:\/\/www.fool.com.au\/tickers\/nasdaq-nvda\/\" rel=\"nofollow noopener\" target=\"_blank\">NASDAQ: NVDA<\/a>) are a little more niche. Even so, these last two of the seven are still household names, and possibly household presences.<\/p>\n<p>Despite the ubiquity of the Magnificent 7 in Australian daily life, far fewer Australians would own shares of them directly. Saying that, international stock market investing has <a href=\"https:\/\/www.fool.com.au\/investing-education\/how-to-buy-us-shares-in-australia\/\" rel=\"nofollow noopener\" target=\"_blank\">never been more popular in Australia<\/a>. If an investor does own international stocks, there is a high chance that at least one of them will be a Mag 7 stock.<\/p>\n<p>Personally, I directly own shares in five of the Magnificent 7. In fact, I have owned all seven of these ocmpaneis at various points (although never simultaneously).<\/p>\n<p>Until quite recently, I thought of these positions as a small, although valuable portion of my overall portfolio. However, after a recent audit, I have discovered that I am far more invested in these seven stocks than I previously supposed.<\/p>\n<p><img fetchpriority=\"high\" decoding=\"async\" width=\"1200\" height=\"675\" src=\"https:\/\/www.newsbeep.com\/au\/wp-content\/uploads\/2026\/05\/too-much-16.9-1200x675.jpg\" class=\"attachment-full size-full wp-post-image\" alt=\"Worried young woman doing banking and administrative work with hands on head.\"  \/><\/p>\n<p>Image source: Getty Images<\/p>\n<p>The dominance of the Magnificent 7 stocks<\/p>\n<p>It starts with an <a href=\"https:\/\/www.fool.com.au\/definitions\/exchange-traded-fund\/\" rel=\"nofollow noopener\" target=\"_blank\">exchange-traded fund (ETF)<\/a> that I own. As I <a href=\"https:\/\/www.fool.com.au\/2026\/05\/09\/i-love-the-betashares-nasdaq-100-etf-ndq-heres-why-i-sold-it\/\" rel=\"nofollow noopener\" target=\"_blank\">have previously discussed<\/a>, I recently sold my holdings in the BetaShares Nasdaq 100 ETF (AS:X NDQ) to buy a similar, but far cheaper ETF in the Schwab U.S. Large-Cap Growth ETF (NYSE: SCHG).<\/p>\n<p>All seven of the Magnificent 7 are core holdings of this fund. As they are in almost every major US-based ETF listed on the ASX. That includes the iShares S&amp;P 500 ETF (<a class=\"tickerized-link\" href=\"https:\/\/www.fool.com.au\/tickers\/asx-ivv\/\" rel=\"nofollow noopener\" target=\"_blank\">ASX: IVV<\/a>) and the Vanguard MSCI Index International Shares ETF (<a class=\"tickerized-link\" href=\"https:\/\/www.fool.com.au\/tickers\/asx-vgs\/\" rel=\"nofollow noopener\" target=\"_blank\">ASX: VGS<\/a>). Not to mention NDQ. Magnificent 7 stocks also sometimes pop up in the Schwab U.S. Dividend Equity ETF (NYSE: SCHD) and the iShares Core Dividend Growth ETF (NYSE: DGRO), which are also in my portfolio.<\/p>\n<p>So that&#8217;s three.<\/p>\n<p>Next, one of my largest investments is the listed investment company (LIC) MFF Capital Investments Ltd (<a class=\"tickerized-link\" href=\"https:\/\/www.fool.com.au\/tickers\/asx-mff\/\" rel=\"nofollow noopener\" target=\"_blank\">ASX: MFF<\/a>). This Buffett-esque LIC is a long-term holding of mine, and a favourite investment. As it happens, Alphabet, Amazon, Microsoft and Meta Platforms are all large positions in MFF&#8217;s portfolio. That&#8217;s four.<\/p>\n<p>These components routinely pop up in yet another of my favourite, long-term holdings. That would be the VanEck Morningstar Wide Moat ETF (<a class=\"tickerized-link\" href=\"https:\/\/www.fool.com.au\/tickers\/asx-moat\/\" rel=\"nofollow noopener\" target=\"_blank\">ASX: MOAT<\/a>). That&#8217;s five major personal investments that are exposed to at least one Mag 7 stock. Outside my direct ownership of five of the Magnificent 7 stocks.<\/p>\n<p>Don&#8217;t forget about your superannuation<\/p>\n<p>The cherry on the cake comes in the form of my <a href=\"https:\/\/www.fool.com.au\/definitions\/superannuation\/\" rel=\"nofollow noopener\" target=\"_blank\">superannuation<\/a> fund. Like most Australians, my super is partially invested in US stocks. And the Magnificent 7 are at the top of that list, too.<\/p>\n<p>As it turns out, these seven US tech titans are far heavier in my portfolio and my overall wealth than I had previously thought.<\/p>\n<p>I do view most of the Magnificent 7 as companies of the highest calibre. You don&#8217;t get to where they are now without being truly exceptional. As such, this high exposure doesn&#8217;t bother me.<\/p>\n<p>However, there&#8217;s a big chance that other ASX investors out there are in the same boat. Thus, it may be worth checking out your own investments and seeing just how deep the Mag 7 goes. My exposure tolerance to these seven stocks may be higher than yours.<\/p>\n","protected":false},"excerpt":{"rendered":"I&#8217;d wager that most Australians would be quite familiar with most of the companies that make up the&hellip;\n","protected":false},"author":2,"featured_media":703505,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[6],"tags":[64,63,105],"class_list":["post-703504","post","type-post","status-publish","format-standard","has-post-thumbnail","category-technology","tag-au","tag-australia","tag-technology"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/posts\/703504","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/comments?post=703504"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/posts\/703504\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/media\/703505"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/media?parent=703504"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/categories?post=703504"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/tags?post=703504"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}