My concern is that the "Magnificent 7" stocks are heavily into AI (except Apple) and because of their huge market caps, the most popular etfs have a large compo

My concern is that the "Magnificent 7" stocks are heavily into AI (except Apple) and because of their huge market caps, the most popular etfs have a large component of Mag 7. Even the "global" Vanguard fund is about 20% Mag 7 (1), for example (and the next one on their list is TSMC). The Vanguard S&P 500 etf is 36% Mag 7 (2). If there's an AI pop, a most people and most huge funds will lose money, driving liquidity out of the global financial system. I've started investing into a mix of Europe etf and global etf, instead of just the global etf, because the global ETF is so exposed to US computer companies. (1) https://investor.vanguard.com/investment-products/etfs/profile/vt#portfolio-composition https://investor.vanguard.com/investment-products/etfs/profi... (2) https://investor.vanguard.com/investment-products/etfs/profile/voo#portfolio-composition https://investor.vanguard.com/investment-products/etfs/profi...