U.S. Big Tech 10 (NYSE FANG+) Index. Another Day. Another DollarThe remarkable performance of U.S. large cap equities in the past two years was closely tied to the dominance of tech-related sectors, exemplified by companies akin to those in the high-performing NYSE FANG+ Index ICEUS:NYFANG .
The NYSE FANG+ Index (“Index”), also known as the NYSE U.S. Big Tech 10 Index, is a rules-based, equal-weighted equity benchmark designed to track the performance of 10 highly-traded growth stocks of technology and tech-enabled companies in the technology, media & communications and consumer discretionary sectors.
The Index undergoes a reconstitution quarterly after the close of the third Friday in March, June, September and December (the “Effective Date”).
The NYSE FANG+ Index provides exposure to 10 of today’s highly-traded tech giants
Access the index through a futures and options contract designed to help you increase or reduce exposure to this key group of growth stocks in a capital-efficient manner.
Ten constituents of The U.S. Big Tech 10 (NYSE FANG+) Index as of Friday, December 9,
2022 (10% equal weighting):
Meta NASDAQ:META
Apple NASDAQ:AAPL
Amazon NASDAQ:AMZN
Netflix NASDAQ:NFLX
Microsoft NASDAQ:MSFT
Google NASDAQ:GOOGL
Tesla NASDAQ:TSLA
NVIDIA NASDAQ:NVDA
Snowflake NYSE:SNOW
Advanced Micro Devices NASDAQ:AMD
The main technical weekly graph indicates The U.S. Big Tech 10 (NYSE FANG+) Index remains aboму 200-day SMA (so far), following the upside path that has been taken in early 2023 after 50 percent decline in 2022.
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Best wishes,
@PandorraResearch Team