NYSE FANG+ Index Rebalance Report: June 2019

  • Current rebalance date is June 21st, 2019. The last rebalance date was March 15th, 2019.
  • The index constituents remain: AAPL, AMZN, BABA, BIDU, FB, GOOGL, NFLX, NVDA, TSLA, TWTR.
  • The best performers within the index since the last rebalance date were Facebook (FB), Twitter (TWTR) and Amazon (AMZN).
  • The worst performers within the index since the last rebalance date were Baidu (BIDU), Tesla (TSLA) and Nvidia (NVDA).
  • NYSE FANG+ Index return since the last rebalance is -2.60%.
  • NYSE FANG+ Index return year to date is 13.67%.
  • NYSE FANG+ Index return since inception is 156.15%.

NYSE FANG+ Index Weightings

  • The NYSE® FANG+ Index™ rebalances become effective after the close of the third Friday of March, June, September, and December. The rebalance announcement will be made after the close of the second Friday of the month (one week prior).
  • Every quarter after the close of trading on the third Friday of March, June, September and December, the index portfolio is adjusted by equally weighting the constituents based upon the prices and index market capitalization as of the close of trading.

What is the NYSE FANG+ Index?

The NYSE FANG+™ Index includes 10 highly liquid stocks that represent industry leaders 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 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 portfolio.

Source: Bloomberg L.P. Data from 9/19/2014 to 6/21/2019. Past performance does not guarantee future results. The NYSE FANG+™ Index, an equal-dollar weighted index, was created by ICE Data ...

more
How did you like this article? Let us know so we can better customize your reading experience.

Comments

Leave a comment to automatically be entered into our contest to win a free Echo Show.