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    ETFs - FTSE 100 , S&P 500 - What if e.g company number 7 becomes bankrupt?

    If in 2020 I buy a ETF - Vanguard for FTSE100 or the S&P 500 In 2022 - lets say company number 7 becomes bankrupt. Do the ETFS automatically adjust? to incorporate number 101 and 501, since 1 is now bankrupt?
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