Tuttle Seeks to Expand "Magnificent 7" Into a New "Magnificent 10" ETF With AMD, Broadcom, Palantir

Tuttle Capital Management has filed for a new exchange-traded fund that would broaden the market's well-known "Magnificent 7" trade into a 10-stock lineup by adding Advanced Micro Devices, Broadcom, and Palantir. The original Magnificent 7—Apple, Microsoft, Alphabet, Amazon, Meta, Nvidia, and Tesla—has become a market shorthand for the megacap tech group widely seen as driving much of the S&P 500's performance in recent years. Tuttle is now making the case that the theme has outgrown the original roster. According to the filing, the proposed Magnificent 10 ETF would hold all seven incumbent names alongside AMD, Broadcom (AVGO), and Palantir (PLTR). The move builds on Tuttle's prior product in the category. The firm launched the Magnificent 7 Income Blast ETF (MAGO) in December 2025, which uses a systematic options strategy to generate income while maintaining exposure to the seven stocks. The new Magnificent 10 fund is expected to employ a similar options overlay, applied to a broader basket tied to large-cap tech and AI. Tuttle's filing also lands in an increasingly crowded field. Cboe introduced its Magnificent 10 Index (MGTN) in September 2025, designed to track leading U.S. technology and growth companies positioned to benefit from AI and digital transformation. Cboe has since listed futures and options on MGTN to address rising institutional demand for concentrated tech exposure. Competition among ETFs targeting these megacap tech themes has been intensifying. Roundhill Investments already offers the MAGS ETF, which provides equal-weight exposure to the original Magnificent 7.