Forum Topics FANG ETF
Valueinvestor0909
2 years ago

FANG ETF index methodology Changes:

https://www.globalxetfs.com.au/content/files/FANG-Index-Methodology.pdf

7fad686a6b691c748debca794fb64b3cb7aa15.png

Whitelist of six stocks:

Meta, Amazon, Apple, Netflix, Microsoft, Google

Current holdings:

7f38c1d0bda4488891e32014f66a3101081fd2.png


Alibaba and Baidu will be replaced by Snowflake (SNOW) and Advanced Micro Devices (AMD)

https://www.globalxetfs.com.au/introducing-two-new-fang-worthy-stocks/

The only reason I didn't buy FANG earlier was because of 20% exposure to Alibaba and Baidu

With these changes, I am considering adding this to my portfolio instead of my regular DCA to NDQ. What is your opinion?

16
reddogaustin
2 years ago

@Valueinvestor0909

I personally don't highly rate apple, netflix or meta.

For the slightly higher cost of NDQ (0.48% vs 0.35%), I think NDQ offers better risk/reward for a tech focused ETF. And as an index tracker, the best performers will be rebalanced to the top as they grow.

Also, despite the US and China not playing noce together. The sheer number of chinese users on those platforms cannot be ignored, and the potential revenues that come with that. I think some ongoing exposure is prudent.

To each their own of course

14
Hackofalltrades
2 years ago

I think Apple has some significant risk coming from China. Can understand why they've whitelisted it though.

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