Trade the FAANG+ index using CFDs

Is the clock ticking on big tech?

The last few years have been a rollercoaster for big tech stocks. After hitting new highs during the covid pandemic – the Nasdaq 100 2022 almost doubled from 2020-2021 – 2022 saw much of those gains erased. The biggest companies in the world announced layoffs and cost cutting as profits slowed.

In 2023, though, the good times have resumed: thanks in no small part to mass AI excitement. So will the rally continue?

Our FAANG+ index features 10 equally weighted stocks from the upper echelons of the NASDAQ 100. That covers the biggest names in big tech: Apple, Microsoft, Alphabet, Amazon, Meta and more.

The index is equally weighted and is rebalanced on a quarterly basis. The aim is to capture the total return performance of the top 10 traded companies listed on the NASDAQ stock exchange. It’s a great index to trade if you have strong views on the likely direction of travel for the biggest tech stocks.

Trade the FAANG+ 

Quick facts on the FAANG+ index

Top 10 NASDAQ stocks equally weighted, and revised quarterly on the third Friday of every March, June, September and December after market close.

Taking your view on the FAANG+

Balancing various considerations is the way forward when assessing whether big tech is headed upwards or downwards. Make sure you never miss out on the latest market-moving news by reading our expert analysts’ latest research.

News and analysis

How to trade the FAANG+ index using CFDs

If you think big tech has become overvalued and is headed for a widespread market correction, then you could sell or short the FAANG+ index using CFD. If, on the other hand, you see the big tech boom gaining yet more strength, you may want to buy or go long in FAANG+.

Remember, as with all our other trading instruments, our FAANG+ charts are easily accessible on any device, and come with technical indicators and drawing tools as standard.

Trade the FAANG+

Ways to trade the FAANG+ index