Global X announced the launch of the Global X Magnificent Six ETF (SIX), which aims to deliver exposure to the “Magnificent Six,” a cohort of technology and growth leaders currently comprising Alphabet, Amazon.com, Apple, Meta Platforms, Microsoft Corporation, and NVIDIA. The fund lists on the Cboe BZX exchange.
As an actively managed fund, SIX seeks capital appreciation through economic exposure to the companies comprising the group known as the “Magnificent Six”. Under normal market conditions, the fund invests at least 80% of its net assets, plus the amount of any borrowings for investment purposes, in securities of the “Magnificent Six” and in financial instruments and other investments providing exposure to them or collectively exhibiting economic characteristics substantially similar or equivalent to those of the “Magnificent Six” companies.
The ETF expects to gain economic exposure through swap agreements and other derivative instruments, and may also directly hold common stock of the “Magnificent Six” companies. The adviser seeks to weight the fund’s exposure by free-float market capitalization.
“These 6 companies have been a significant contributor to recent U.S. earnings growth,” said Pedro Palandrani, Head of Product Research & Development at Global X. “During the 12 months ended September 30, 2026, they contributed nearly 2/3—approximately 66%—of the earnings-per-share growth of the Bloomberg 500 Index over the trailing 12 months. Furthermore, based on current estimates, these 6 companies could invest approximately $700B in capital expenditures in 2026 and $1T in 2027, with much of that spending expected to go toward AI,” he noted.
Palandrani pointed out that the group’s combined capital expenditure positions these companies among the largest builders of AI infrastructure. “The scale of these 6 companies may enable them to reinvest at a pace few companies can match, which could help support their long-term earnings generation capacity,” he added.
Global X operates more than 30 thematic ETFs designed to invest in companies driving disruptive innovation and structural change. The lineup spans strategies ranging from infrastructure development and electrification to robotics, cybersecurity, and data centers. SIX, alongside 4 other recently launched ETFs, aims to provide allocators with targeted exposure to specialized technological and innovation segments through a single ETF vehicle.
