{
  "schemaVersion": "1.0.0",
  "publisher": "OpenIndex",
  "index": {
    "slug": "mag7",
    "ticker": "MAG7",
    "name": "Magnificent Seven",
    "category": "equity",
    "objective": "Seven Robinhood Stock Tokens tracking the mega-cap companies that dominate the US market, equal-weighted so no single name controls the basket."
  },
  "methodology": {
    "version": "1.0.0",
    "publishedOn": "2026-08-30",
    "lastReviewOn": "2026-08-30",
    "nextReviewOn": "2026-11-30",
    "reviewSchedule": "Quarterly, with an extraordinary review after a halt, delisting, contract migration, or material corporate action.",
    "calculation": "Price-return index normalized to 100 at publication. Each constituent uses its published target weight and multiplier-adjusted RHJ midpoint reference. Dividends, fees, execution costs, and foreign exchange effects are not included.",
    "eligibility": "A constituent must be a curated Robinhood Stock Token with an active canonical chain-4663 contract and a current RHJ reference quote. No look-alike contract is substituted.",
    "weighting": "Published target weights establish the base quantities. Those quantities remain fixed between reviews, so live constituent weights may drift with price.",
    "reconstitution": "Changes are manual and rules-based. Every constituent or target-weight change creates a new published methodology version; historical versions remain visible."
  },
  "baseline": {
    "asOf": "2026-08-29T20:51:13.949Z",
    "level": 100,
    "priceSource": "Multiplier-adjusted RHJ midpoint references"
  },
  "composition": {
    "version": "1.0.0",
    "effectiveOn": "2026-08-30",
    "totalWeightBps": 10000,
    "constituents": [
      {
        "symbol": "NVDA",
        "name": "NVIDIA",
        "chainId": 4663,
        "contract": "0xd0601CE157Db5bdC3162BbaC2a2C8aF5320D9EEC",
        "targetWeightBps": 1429,
        "targetWeightPercent": 14.29,
        "trackedInstrument": "NVIDIA Corporation (NVDA)",
        "issuer": "Robinhood Assets (Jersey) Limited"
      },
      {
        "symbol": "AAPL",
        "name": "Apple",
        "chainId": 4663,
        "contract": "0xaF3D76f1834A1d425780943C99Ea8A608f8a93f9",
        "targetWeightBps": 1429,
        "targetWeightPercent": 14.29,
        "trackedInstrument": "Apple Inc. (AAPL)",
        "issuer": "Robinhood Assets (Jersey) Limited"
      },
      {
        "symbol": "MSFT",
        "name": "Microsoft",
        "chainId": 4663,
        "contract": "0xe93237C50D904957Cf27E7B1133b510C669c2e74",
        "targetWeightBps": 1429,
        "targetWeightPercent": 14.29,
        "trackedInstrument": "Microsoft Corporation (MSFT)",
        "issuer": "Robinhood Assets (Jersey) Limited"
      },
      {
        "symbol": "GOOGL",
        "name": "Alphabet",
        "chainId": 4663,
        "contract": "0x2e0847E8910a9732eB3fb1bb4b70a580ADAD4FE3",
        "targetWeightBps": 1429,
        "targetWeightPercent": 14.29,
        "trackedInstrument": "Alphabet Inc. Class A (GOOGL)",
        "issuer": "Robinhood Assets (Jersey) Limited"
      },
      {
        "symbol": "AMZN",
        "name": "Amazon",
        "chainId": 4663,
        "contract": "0x12f190a9F9d7D37a250758b26824B97CE941bF54",
        "targetWeightBps": 1429,
        "targetWeightPercent": 14.29,
        "trackedInstrument": "Amazon.com, Inc. (AMZN)",
        "issuer": "Robinhood Assets (Jersey) Limited"
      },
      {
        "symbol": "TSLA",
        "name": "Tesla",
        "chainId": 4663,
        "contract": "0x322F0929c4625eD5bAd873c95208D54E1c003b2d",
        "targetWeightBps": 1429,
        "targetWeightPercent": 14.29,
        "trackedInstrument": "Tesla, Inc. (TSLA)",
        "issuer": "Robinhood Assets (Jersey) Limited"
      },
      {
        "symbol": "META",
        "name": "Meta Platforms",
        "chainId": 4663,
        "contract": "0xc0D6457C16Cc70d6790Dd43521C899C87ce02f35",
        "targetWeightBps": 1426,
        "targetWeightPercent": 14.26,
        "trackedInstrument": "Meta Platforms, Inc. (META)",
        "issuer": "Robinhood Assets (Jersey) Limited"
      }
    ]
  },
  "versionHistory": [
    {
      "version": "1.0.0",
      "effectiveOn": "2026-08-30",
      "summary": "Initial OpenIndex publication with canonical Robinhood Chain contracts, fixed base quantities, and a base level of 100."
    }
  ],
  "referenceAnalytics": {
    "slug": "mag7",
    "ticker": "MAG7",
    "methodology": "fixed-weight-price-relative",
    "baselineAsOf": "2026-08-29T20:51:13.949Z",
    "baseLevel": 100,
    "totalWeightBps": 10000,
    "coverageWeightBps": 10000,
    "coverage": 1,
    "missingMints": [],
    "contributions": [
      {
        "mint": "0xd0601CE157Db5bdC3162BbaC2a2C8aF5320D9EEC",
        "symbol": "NVDA",
        "name": "NVIDIA",
        "weightBps": 1429,
        "weight": 0.1429,
        "currentPrice": 219.625,
        "baselinePrice": 219.625,
        "priceRelative": 1,
        "returnSinceInception": 0,
        "returnContribution": 0,
        "levelContribution": 14.29,
        "unavailableReason": null
      },
      {
        "mint": "0xaF3D76f1834A1d425780943C99Ea8A608f8a93f9",
        "symbol": "AAPL",
        "name": "Apple",
        "weightBps": 1429,
        "weight": 0.1429,
        "currentPrice": 318.78035310746407,
        "baselinePrice": 318.78035311,
        "priceRelative": 1,
        "returnSinceInception": 0,
        "returnContribution": 0,
        "levelContribution": 14.29,
        "unavailableReason": null
      },
      {
        "mint": "0xe93237C50D904957Cf27E7B1133b510C669c2e74",
        "symbol": "MSFT",
        "name": "Microsoft",
        "weightBps": 1429,
        "weight": 0.1429,
        "currentPrice": 512.165,
        "baselinePrice": 512.165,
        "priceRelative": 1,
        "returnSinceInception": 0,
        "returnContribution": 0,
        "levelContribution": 14.29,
        "unavailableReason": null
      },
      {
        "mint": "0x2e0847E8910a9732eB3fb1bb4b70a580ADAD4FE3",
        "symbol": "GOOGL",
        "name": "Alphabet",
        "weightBps": 1429,
        "weight": 0.1429,
        "currentPrice": 346.22,
        "baselinePrice": 346.22,
        "priceRelative": 1,
        "returnSinceInception": 0,
        "returnContribution": 0,
        "levelContribution": 14.29,
        "unavailableReason": null
      },
      {
        "mint": "0x12f190a9F9d7D37a250758b26824B97CE941bF54",
        "symbol": "AMZN",
        "name": "Amazon",
        "weightBps": 1429,
        "weight": 0.1429,
        "currentPrice": 257.095,
        "baselinePrice": 257.095,
        "priceRelative": 1,
        "returnSinceInception": 0,
        "returnContribution": 0,
        "levelContribution": 14.29,
        "unavailableReason": null
      },
      {
        "mint": "0x322F0929c4625eD5bAd873c95208D54E1c003b2d",
        "symbol": "TSLA",
        "name": "Tesla",
        "weightBps": 1429,
        "weight": 0.1429,
        "currentPrice": 351,
        "baselinePrice": 351,
        "priceRelative": 1,
        "returnSinceInception": 0,
        "returnContribution": 0,
        "levelContribution": 14.29,
        "unavailableReason": null
      },
      {
        "mint": "0xc0D6457C16Cc70d6790Dd43521C899C87ce02f35",
        "symbol": "META",
        "name": "Meta Platforms",
        "weightBps": 1426,
        "weight": 0.1426,
        "currentPrice": 577.895,
        "baselinePrice": 577.895,
        "priceRelative": 1,
        "returnSinceInception": 0,
        "returnContribution": 0,
        "levelContribution": 14.26,
        "unavailableReason": null
      }
    ],
    "status": "available",
    "level": 100,
    "returnSinceInception": 0,
    "currentReferenceAsOf": "2026-08-30T00:22:38.418872436Z",
    "label": "RHJ reference analytics; not executable performance or an investment return"
  },
  "disclosures": [
    "This is a price-return index and not an executable NAV or investment product.",
    "Robinhood Stock Tokens are tokenised debt securities; they do not confer ownership, voting, or other shareholder rights in an underlying security.",
    "A methodology review does not trade or alter assets already held in a user's wallet."
  ]
}