This Vanguard exchange-traded fund can help investors beat the S&P 500, but it comes with risks.

The term " Magnificent Seven " was first used by Wall Street analysts in 2023 to describe a group of seven companies that operate at the cutting edge of the technology industry. They are worth a combined $19.7 trillion, but their incredible size isn't the only reason they earned the nickname.

Since the artificial intelligence (AI) revolution started gathering momentum at the start of 2023, the Magnificent Seven stocks have delivered a median return of 163%, which is more than twice the 67% gain in the benchmark S&P 500 index over the same period.

In other words, investors who don't own the Magnificent Seven stocks are likely underperforming the broader market. Fortunately, there is a si

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