The FANG+ ETF provides a concentrated exposure to a portfolio of leading household tech names, including Nvidia, Microsoft, Amazon, Meta, Alphabet, Tesla and Broadcom. The ETF is designed for investors seeking high-growth exposure to the key beneficiaries of AI, cloud computing, digital advertising and next-generation technologies, albeit with higher volatility than broader market indices, as it currently holds only 11 stocks.
The relatively simple ETF costs 0.35% pa, which we feel is ok value for exposure to the small basket of heavyweight US tech names. However, again, the FX exposure has been a drag on performance with its benchmark, the NYSE FANG+ Index, up ~17.3% over the last year, while the FANG+ ETF has only advanced +9.7% due to the strong Australian Dollar.
- We can see the FANG+ ETF powering above $40 in the 2H of 2026, or more than 15% higher.
MM is bullish towards the FANG+ ETF around $35
Add To Hit List
