Summary: Vanguard S&P 500 ETF has 6.1% Nvidia exposure, could increase to 7%; consider tech-focused ETFs.
From Nasdaq: 2024-06-24 05:08:00
Nvidia makes up 6.1% of the Vanguard S&P 500 ETF as of May 31, but with a 15% stock gain since then, the actual exposure could be closer to 7%. To increase Nvidia exposure, consider tech-focused ETFs like the Invesco QQQ Trust or Roundhill Investments Magnificent Seven ETF.
If you want to reduce Nvidia exposure, consider ETFs like the Invesco S&P 500 Equal Weight ETF for equal distribution or the Vanguard Total Stock Market ETF for a broader mix. Alternatively, opt for index funds like the Vanguard High Dividend Yield ETF or Vanguard Value Index Fund ETF with no Nvidia exposure.
Before investing $1,000 in Nvidia, note that it’s not among the 10 best stocks identified by the Motley Fool Stock Advisor team. Historical data shows potential for significant returns, but the team recommends other stocks for now. Consider their recommendations for better investment options.
Read more at Nasdaq: Here’s How Much Nvidia Stock You Own in Your S&P 500 Index Fund. Do You Want More, or Less?
