Global X Launches Magnificent Six ETF (SIX) Targeting AI Megacaps

Global X has launched the Global X Magnificent Six ETF (SIX), offering concentrated exposure to six U.S. technology giants: Apple, NVIDIA, Microsoft, Alphabet, Amazon, and Meta. The actively managed ETF carries a 0.20% expense ratio and seeks to weight holdings by free-float market capitalization, using direct equity investments and derivatives, including swaps. Apple and NVIDIA account for nearly 48% of the portfolio. According to Global X, the six companies contributed approximately 66% of Bloomberg 500 Index earnings-per-share growth over the 12 months ending September 2026, with combined capital expenditures projected to reach $700 billion in 2026 and $1 trillion in 2027, largely driven by AI infrastructure. The launch expands Global X's lineup of concentrated technology ETFs, alongside funds targeting LLMs, semiconductors, electronic components, and nuclear technology.