NYSE FANG+™ is a new index that provides exposure to a select group of highly-traded growth stocks of next generation technology and tech-enabled companies. Beginning on November 8, 2017, you’ll be able to access the index through a new futures contract designed to help you gain or reduce exposure to this key group of growth stocks in a capital efficient manner.
The NYSE FANG+ index includes 10 highly liquid stocks that represent the top innovators across today’s tech and internet/media companies. The index’s underlying composition is equally weighted across all stocks, providing a unique performance benchmark that allows for a more value-driven approach to investing. While the performance of indices weighted by market capitalization can be dominated by a few of the largest stocks, an equal-weighting allows for a more diversified and represented portfolio. NYSE FANG+ is one of the most highly correlated indices to technology and related stocks.
Real-time index calculations are available to help you benchmark the core group of stocks included in the index, and official open and close prices are published daily on the ICE Data Global Index Feed.
NYSE FANG+ futures, which began trading on ICE Futures U.S. on November 8, 2017, provide a concentrated hedging mechanism for asset managers, proprietary trading firms, institutional traders and retail investors with technology exposure. The contract features:
NYSE FANG+ INDEX PERFORMANCE COMPARISON
(Hypothetical performance using backtested data)
Based on back-tested performance data, the combination of stocks in the NYSE FANG+ Index have returned a 29.1% annualized total return from September 19, 2014 to November 14, 2017, as compared to 15.9% for the NASDAQ-100®, 10.5% for the S&P 500® and 19.1% for the S&P 500® Information Technology Index.
Calculations are based on the price return of each index. NYSE FANG+ is an equal-weighted index, whereas the other indices represented in the chart above are weighted by market capitalization.
Apple® is a registered trademark of Apple, Inc.
Facebook® is a registered trademark of Facebook, Inc.
Amazon® is a registered trademark of Amazon Technologies, Inc.
Netflix® is a registered trademark of Netflix, Inc.
Google® is a registered trademark of Google, Inc.
Alibaba® is a registered trademark of Alibaba Group Holding Limited
Baidu® is a registered trademark of Baidu.com, Inc.
Nvidia® is a registered trademark of Nvidia Corporation
Tesla® is a registered trademark of Tesla, Inc.
Twitter® is a registered trademark of Twitter, Inc.
S&P 500® is a registered trademark of Standard & Poor’s Financial Services LLC
NASDAQ-100® is a registered trademark of NASDAQ, INC.
None of the foregoing entities are affiliated with, endorsed by, or sponsored by Intercontinental Exchange, Inc., or any of its subsidiaries or affiliates, and the inclusion of the entities on our web site does not evidence a relationship with those entities in connection with the Index, nor does it constitute an endorsement by those entities of the Index or NYSE.
NYSE FANG+ Index is a trademark of ICE Data Indices, LLC or its affiliates (“ICE Data”) and has been licensed for use in connection with the NYSE FANG+ Index Futures. The NYSE FANG+ Index Futures is not sponsored, endorsed, sold or promoted by ICE Data Indices, LLC. ICE Data makes no representations or warranties (i) regarding the advisability of investing in securities or futures contracts, or (ii) that any such investment based upon the performance of the NYSE FANG+ Index particularly, or the ability of the NYSE FANG+ Index will track general stock market performance.