Global X FANG+ ETF (ASX:FANG): Eleven US Technology and Media Companies at Near-Equal Weights

Sonal Goyal

13 October 2026 06:37 PM AEDT

Global X FANG+ ETF (ASX:FANG): Eleven US Technology and Media Companies at Near-Equal Weights

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Key Highlights

The fund tracks the NYSE FANG+ Index and holds 11 US companies.
Each of the ten largest holdings carries between 8.77% and 11.07%.
The management fee is 0.35% and the fund reports a beta of 1.99.
The July 2026 distribution of $2.358 is higher than the $1.796 paid in July 2025.

Global X FANG+ ETF (ASX:FANG) is an exchange-traded fund incorporated in Australia that aims to provide a return, before fees and expenses, that tracks the NYSE FANG+ Index. The fund was admitted to the ASX on 2 March 2020 and last traded at $38.13 on 13 October 2026. It reports a fund size of $1.82 billion.

Detail	Information
Ticker	ASX:FANG
Fund	Global X FANG+ ETF
Category	Equity North America
Benchmark	NYSE FANG+ TR USD
Fund size	$1.82 billion
Management fee	0.35%
Total holdings	11
ASX admission date	2 March 2020

A near-equal-weight portfolio

The fund holds 11 companies, and the ten largest account for 99.95% of assets. Micron Technology leads at 11.07%, followed by Meta Platforms (10.37%), Palantir Technologies (10.33%), NVIDIA (10.28%) and Microsoft (10.07%).

Broadcom holds 9.96%, Amazon.com 9.75%, Alphabet 9.66%, Apple 9.64% and Netflix 8.77%.

Sector and country exposure

Technology accounts for 61.41% of the fund, against 41.35% for the category, and Communication Services for 28.83%, against 15.22%. Consumer Cyclical holds 9.76%. The fund has no weighting in Financial Services, Healthcare, Industrials, Energy, Utilities or Real Estate.

The United States represents 100% of the portfolio, and every holding exceeds $1 billion in market capitalisation. Cash is 0.05% and stocks 99.95%.

Fee, risk and distributions

The management fee is 0.35% a year. The fund reports a beta of 1.99 and a standard deviation of 25.02. The final distribution of $2.358 per unit had an ex-date of 2 July 2026, a record date of 3 July and payment on 16 July.

That is higher than each of the earlier payments listed: $1.796 in July 2025, $1.419 in July 2024, $0.686 in July 2022 and $2.172 in July 2021.

Category classification and liquidity

Morningstar places the fund in the Equity North America category, which covers funds investing primarily in the securities of companies listed in the United States and Canada, which typically account for at least 75% of the portfolio.

Liquidity indicators add a further view. There are 47,026,855 units on issue, and average daily trading volume is 136,039 units. Over the five sessions from 7 to 13 October 2026, daily volume ranged from 64,200 to 376,900 units, with 376,958 recorded on 13 October while the market was still open. The bid-offer range stood at $38.12 to $38.17, and the day range at $38.09 to $38.60. These figures change through the trading day and reflect market activity rather than the fund's holdings.

Recent announcements

The issuer lodged Units on Issue for September 2026 on 7 October, the Annual Financial Report on 25 September and Annual Statements 2026 on 16 September. A Quarterly Exit Periodic Statement followed on 14 August.

Final Takeaway

FANG concentrates on 11 US technology and media companies at near-equal weights, with no financial or healthcare holdings. Its 0.35% fee and beta of 1.99 describe a portfolio with wide price swings. These points outline the structure and are not forecasts.

FAQs

Q: What does Global X FANG+ ETF (ASX:FANG) track?

A:It tracks the NYSE FANG+ Index before fees and expenses.

Q: How many holdings does ASX:FANG have?

A:The fund holds 11 companies.

Q: What is the management fee?

A:The management fee is 0.35% a year.

Q: Which is the largest holding?

A:Micron Technology, at 11.07%.

Q: What was the latest distribution?

A:The final distribution was $2.358 per unit, paid on 16 July 2026.

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