FAANG is the popular nickname given to a group of 5 of the world's leading tech stocks - Facebook (Meta), Apple, Amazon, Netflix, and Google (Alphabet). But now a new term has emerged that looks set to replace it — the Magnificent 7.
What are the Magnificent 7 stocks?
The Magnificent 7 stocks essentially expand on the FAANG stocks to include a few more mega-caps that have outperformed the market in recent years.
These are: Microsoft Corp. (ticker: MSFT), Amazon.com Inc. (AMZN), Meta Platforms Inc. (META), Apple Inc. (AAPL), Alphabet Inc. (GOOG, GOOGL), Nvidia Corp. (NVDA), Tesla (TSLA).
The Mag 7 represent some of the most influential and successful technology companies in the world with a market capitalisation of more than US$10 trillion.1
The good news is that it's relatively easy to buy the Mag 7 or FAANG stocks directly from Australia. It's possible to get started with just a few dollars and all you'll need is a share trading account.
There are two main ways you can invest in FAANG from Australia:
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No, you cannot directly buy the likes of Netflix, Google, Amazon or Facebook shares on the Australian Securities Exchange (ASX).
All of the Magnificent 7 companies actually trade on the Nasdaq exchange in the US, which is the home of many of the world's biggest tech stocks.
To buy US stocks from Australia, you'll need to have an account with a trading platform that offers access to the US stock market. These days, most online trading platforms let you trade at least some US stocks (including FAANG), so the way to differentiate is by checking how much each will cost you to buy US stocks.
When you buy US shares, you'll normally need to pay both a brokerage fee and a currency conversion fee.
While some platforms actually offer $0 brokerage when trading US stocks, they might not be the cheapest option once you factor in the currency conversion fee.
If you're ready to invest in FAANG, you can follow the steps below to get started:
We currently don't have that product, but here are others to consider:
How we picked theseImportant: Share trading can be financially risky and the value of your investment can go down as well as up. “Standard brokerage” fee is the cost to trade $1,000 or less of ASX-listed shares and ETFs without any qualifications or special eligibility. If ASX shares aren’t available, the fee shown is for US shares. Where both CHESS sponsored and custodian shares are offered, we display the cheapest option.
Exchange-traded funds (ETFs) are a convenient, cost-effective way of investing in a range of stocks.
While there are many ETFs that track a big collection of US technology stocks, relatively few hold less than 10 stocks like the Magnificent 7.
One ETF that exclusively holds the Mag 7 stocks is the Roundhill Magnificent Seven ETF (MAGS) which trades on US markets. MAGS is the first-ever ETF to solely track the Magnificent Seven.
If you are looking to invest in an ETF that just features the FAANG stocks, you can't – but you can get pretty close. The Global X FANG+ ETF (ASX: FANG) gives you exposure to the 5 FAANG companies as well as another 5 tech stocks - NVIDIA, Crowdstrike, Broadcom, ServiceNow and Microsoft.2
The FANG+ ETF is traded on the ASX, which means you should be able to buy it via any Australian share trading platform or broker.
If you want general exposure to FAANG, you can also invest in index funds that track either the Nasdaq-100 or S&P 500 indices.
The Nasdaq-100 tracks the 100 largest stocks on the tech-dominated Nasdaq exchange, while the S&P 500 tracks 500 of the largest companies on the US stock market.
Most ETFs that track the Nasdaq-100 or S&P 500 use a weighted average, meaning the bigger companies (like those that make up FAANG) make up a larger proportion of the index. So while you'll technically be getting exposure to 100 or 250 companies if you invest in these ETFs, you'll be getting greater exposure to FAANG stocks.
As we mentioned above, the Global X FANG+ ETF (ASX: FANG) is the closest you can get to a dedicated FAANG ETF on the ASX, while the Roundhill Magnificent Seven ETF (MAGS) exclusively tracks the Magnificent 7 but is not listed on the ASX.
Here are some of the most popular ASX ETFs that offer exposure to Mag 7 and FAANG:
Despite many of the FAANG and Mag 7 stocks growing into more mature businesses, they are still showing impressive growth.
In fact, over the last 5 years, the annualised return of the Magnificent 7 stocks combined is 42%, while the broader S&P500 index — the 500 biggest public companies in the US — has returned 17% (as of March, 2025).
The best performing of the Mag 7 stocks is NVIDIA, which over the last 5 years has given investors over 80% returns year on year.
This strong performance is from businesses that have a strong, established market share, meaning returns could be more reliable.
Due to the sheer size, market position and impressive growth, these stocks are a great way for new investors to get into the market.
With their larger size, not only can they be safer investments than many of their smaller counterparts, but they could continue to outperform the US market.
That aside, with impressive growth comes volatility. While growth stocks often (not always) outperform the market over the long-term, there's a greater chance they'll fall significantly over a shorter period. For instance, while NVIDIA shares are up over 1,700% in the last 5 years, they've also fallen by more than 17% since the start of 2025 (to March).
As always with investing, it pays to stay diversified and invest for the long-term.
If you are an Australian resident for tax purposes, you must declare income from overseas investments in your tax return, including from international shares.
If you have already paid foreign tax on your international investments, you may be entitled to an Australian foreign income tax offset. Check out our guide on share trading and the ATO for more information on the tax treatment of investments and always seek professional financial advice before investing in international shares.
Finding a platform with an auto-invest feature is key if you want to dollar cost average into the market.
Webull is a broker with zero-commission trading and a suite of tools to help you invest.
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How and where can I check my Google shares?
Hi Craig,
Thanks for getting in touch with finder. I hope all is well with you. :)
The how and where you can check your Google share would depend on how you made the investment. There are three main ways you can buy Google shares; using a broker or online broking platform, through a managed fund, or through an exchange traded fund (ETF).
For this reason, to check your Google share, you need to directly check with your provider. Typically, they have a platform that you can access where you can check your investments.
I hope this helps. Should you have further questions, please don’t hesitate to reach us out again.
Have a wonderful day!
Cheers,
Joshua