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Global X FANG+ ETF (FANG)

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Question asked 27/02/2026

Global X FANG+ ETF (FANG)

To the MM Team, My questions relates to the US Tech market. We all know how uncertain AI has made what was already an uncertain future. However, with FANG being down 20% over three months and 10% over one month (as at 24 Feb), could now be a good time to start dipping ones toes back into the shark infested tech stock pond? If so is the FANG ETF a good way to get broad exposure to this thematic. I note that after being under invested in tech for the last year, Rajiv Jain of GQG has now started buying back in. In closing I want to say a huge thank you to MM for the levelheaded commentary you provide. Keep up the great work. Charles

Answer

Hi Charles,

Thanks for the kind words, always appreciated.

It feels like we’re on the same wavelength with MM having added to our WiseTech (WTC) position on Friday Alert following their dramatic report announcing mass redundancies on Thursday – Here.

The ASX-traded Global X FANG+ ETF (FANG) holds 11 US Big Tech names, from the “Magnificent Seven” to Broadcom Inc, CrowdStrike, and Palantir Technologies. The ETF was trading ~23% below its October high on Thursday, an area we see as support at least over the coming weeks.

We would call this an “accumulation zone” but another 10-15% downside at some stage in 2026 wouldn’t surprise.

We would be surprised if Rajiv Jain of GQG is buying back in (have not seen this), we can only see reference to Doug Tynan’s GCQ Funds adding to holdings in the tech space. As a point of reference, while GQG had a tough 2025 because of not being in tech, GCQ has now struggled on a 1 year (-19.1% v benchmark) and 2 year (-8.5% v benchmark) basis, and is now back to flat v the benchmark over 3 years (+19.8% pa) to end of January.

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Global X FANG+ ETF (FANG)

LAST UPDATED 26/02/2026 10:48

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