FANG invests in 10 large US technology and internet companies, in roughly equal weights. It charges 0.35% a year, has $1.8b invested and returned +10.6% over the past year. The most similar ETF is FHNG, which overlaps with it by about 97%.
📅 As at 30 September 2026: fee, size and 1-year return from the TMX Australia funds report; holdings and overlap from FANG’s published holdings as at 30 October 2026.
Is it a good time to buy FANG?
Nobody can time the market perfectly, but you can check the trend before you buy. Here’s where FANG stands right now.
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| Net flow, September | −$4m |
| Net flow, 2026 so far | +$131m |
| Average month in 2026 | +$15m |
Week to 23 October: top 10 for outflows on the ASX (−$7m).
Is the whole market risk on, caution or risk off this week? Members see it every Sunday, with the core ETF check-up.
🔒 See it free for 30 days →FANG is in a base. Prices moving sideways can be a time to build a position gradually and watch which way the trend breaks. There’s no rush either way.
General information only, not a recommendation to buy or sell FANG. Whether it suits you depends on your goals and the rest of your portfolio. Trend updated weekly; flows from the TMX Australia funds report (September 2026) and the Global X weekly market monitor. See every ETF’s trend in the ETF trend scanner, or read when to buy an ETF.
What is FANG?
Index: NYSE FANG+ Index · Issuer: Global X · Exchange: ASX
Top 10 holdings
The 10 largest companies make up 100% of FANG.
| # | Company | Weight | |
|---|---|---|---|
| 1 | Palantir Technologies IncInformation Technology | 11.45% | |
| 2 | Microsoft CorpInformation Technology | 10.99% | |
| 3 | Apple IncInformation Technology | 10.66% | |
| 4 | Broadcom IncInformation Technology | 10.32% | |
| 5 | Micron Technology IncInformation Technology | 10.24% | |
| 6 | NVIDIA CorpInformation Technology | 10.15% | |
| 7 | Amazon.com IncConsumer Discretionary | 10.07% | |
| 8 | Meta Platforms IncCommunication Services | 9.42% | |
| 9 | Alphabet (Google)Communication Services | 8.41% | |
| 10 | Netflix IncCommunication Services | 8.25% |
Sector breakdown
ETFs most similar to FANG
How much each ETF’s holdings overlap with FANG, by weight. High overlap means owning both mostly doubles up.
| ETF | Overlap | |
|---|---|---|
| FHNGGlobal X Fang+ (Currency Hedged) ETF | 97% | Compare in calculator → |
| ITEKiShares Nasdaq Top 30 ETF | 58% | Compare in calculator → |
| U100Global X Us 100 ETF | 52% | Compare in calculator → |
| VTEKVanguard Global Technology Index ETF | 52% | Compare in calculator → |
| VTKHVanguard Global Technology Index (Hedged) ETF | 52% | Compare in calculator → |
| IHOOiShares Global 100 Aud Hedged ETF | 47% | Compare in calculator → |
Head to head: NDQ vs FANG · all comparisons
Check FANG against your own ETFs →Core or satellite?
SATELLITE Tech & AI
FANG is a satellite: a concentrated tech bet. These companies are already big weights in most global and US ETFs. In our approach, satellites are bought when they break out of a base into an uptrend, kept to a small slice of the portfolio, and sold with a stop loss. Read more in core and satellite investing.
Read more: The base and trend method · When to buy an ETF
FANG FAQs
Is FANG a good ETF?
FANG has done well in the tech boom, but holding only 10 companies is a high-risk position. It suits a small satellite, not a core. Whether it suits you depends on your goals and the rest of your portfolio.
What does FANG invest in?
FANG invests in 10 large US technology and internet companies, in roughly equal weights. Its largest holdings are Palantir Technologies Inc, Microsoft Corp, Apple Inc, and its biggest sector is information technology at about 64%.
What ETFs are similar to FANG?
The ETFs with the most overlap with FANG are FHNG (about 97%) and ITEK (about 58%). Use the free ETF overlap calculator to check your own mix.
Should I own FANG and FHNG together?
Usually there is little point: their holdings overlap by about 97%, so owning both mostly doubles up.
Fee, size and returns: TMX Australia Funds Report to 30 September 2026; returns are total returns, 5-year figure is cumulative. Holdings from Global X as at 30 October 2026. Chart: TradingView. General information only, not a recommendation to buy or sell FANG. Consider the PDS and TMD before investing.