ETF Securities FANG ETF (ASX:FANG)
The ETFS FANG ETF provides investors with exposure to the performance of the 10 most highly-traded next generation technology and tech-enabled companies listed on US stock markets. FANG adopts an equal weight strategy, meaning that it weights the shares within the portfolio equally – this differs from the more commonly used method of weighting by market capitalisation.
What does the FANG invest in?
FANG adopts an equal weight approach to investing in the stocks that make up the NYSE FANG+ Index. Think global tech heavyweights like Amazon, Alphabet (Google), Twitter, and Alibaba. The companies within the index mostly fall within the communication services, consumer discretionary and information technology sectors.
What do investors use FANG for?
The FANG ETF could be used by investors to get exposure to the 10 most highly-traded (and likely most popular) growth stocks in the world. This provides Australian investors with the opportunity to access the world’s leading technology and tech-enabled companiess in a single trade.
Best ETFs warnings
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