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The 10 biggest ETFs with a hefty tilt toward Tesla (NasdaqGS: TSLA) surged on Tuesday as the electric carmaker rallied yet again after experiencing its biggest one-day gain in six years on Monday.
The solid deliveries data has put the spotlight on ETFs having higher allocation to this luxury carmaker.
Since they're already diversified, with S&P 500 ETFs elsewhere in their portfolio, and keen on picking a red-hot Magnificent Seven grower, I'm certainly not against placing all $30,000 in a single ...
Given the strong deliveries report and Biden's EV plan, shares will likely get a huge boost, suggesting the beaten down price as a solid entry point.
The largest ETF, as of April 2021, was the SPDR S&P 500 ETF Trust (NYSE Arca: SPY), with about $353.4 billion in assets. The second-largest was the iShares Core S&P 500 ETF with around $270.0 billion ( NYSE Arca : IVV ), and third-largest was the Vanguard Total Stock Market ETF ( NYSE Arca : VTI ) with $213.1 billion.
But again, what makes the Vanguard Consumer Discretionary ETF so unique is that it also holds Amazon and Tesla, giving investors exposure to trends such as e-commerce, cloud infrastructure ...
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