Returns for the notorious "FANG" stocks of the U.S. equity market are almost 4x the rate of the S&P 500's so far in 2017, yet don't even rank in the top 10 of its technology sector, let alone the benchmark at large. Facebook, Amazon.com, Netflix and Alphabet, on average, are up about 30% year-to-date vs. the S&P 500's 7.9%. Instead, software and semiconductor stocks have been the prime leaders among technology shares, including Activision Blizzard and Autodesk.
Source: Bloomberg Pro Terminal
Jr Trader Alexander Kumanov
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