• After an explosive 2015, where the so called “FANG” tech companies – comprising of Facebook, Amazon, Netflix and Google – surged in value and performance compared to S&P500, the rails have somewhat come off.
  • So far in 2016, the FANG index has under performed by at least 5% or more when compared to its S&P500 peers.

The Tech Giants (FANG) have Underperformed so far in 2016