NYSE FANG+ (USA)
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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: Reuters
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