Solactive FANG Innovation Index Rebalance Report: June 2025
The Solactive FANG Innovation Index includes 15 highly liquid stocks focused on building tomorrow’s technology today. These large, tech-enabled equity securities are all listed and domiciled in the U.S.
Index Rebalance Summary:
- MicroStrategy (MSTR) will replace Adobe (ADBE) in the Solactive FANG Innovation Index.
- The rebalance will take place on Friday, June 20, 2025, effective at market open Monday, June 23, 2025. The last rebalance was after the close on May 16, 2025.
- The Solactive FANG Innovation Index return year-to-date is 8.98% versus Nasdaq-100 Index return of 3.74%.
- Top performers since the last rebalance date were Micron (MU), Broadcom (AVGO), and Meta Platforms (META).
- The worst performers since the last rebalance date were Salesforce (CRM), Adobe (ADBE), and Tesla (TSLA).
Data as of 6/18/2025 close.
Solactive FANG Innovation Spotlight:
Source: Bloomberg L.P. data from 5/16/2014 to 6/18/2025.
Source: Bloomberg L.P. data from 12/19/2014 to 6/18/2025. The Solactive FANG Innovation Index, an equal weighted index, was created by Solactive AG in 2021 and was launched on 6/8/2021. Index data prior to that date is hypothetical and reflects the application of the index methodology in hindsight. The hypothetical data cannot completely account for the impact of financial risk in actual trading. Past historical or hypothetical data is not a guarantee of future Index performance.
Solactive FANG Innovation Index Weightings:
- As part of the ordinary adjustment, the composition pictured above will be implemented effective at the market open on June 23, 2025.
- The index rebalances quarterly, and reweights monthly. The Index’s underlying composition is equally weighted across all stocks, providing a unique benchmark that allows for a uniform performance-driven approach to investing. While market capitalization weighted indices can be dominated by a few of the largest stocks in the index, an equal weighting allows for a more diversified portfolio.
