This year, FANG stocks are falling victim to the notion that top performers rarely show a repeat performance the following year. Since 2005, the top 10 stocks underperformed the following year by an average 290 basis points. Of the 2014 top performers, Union Pacific (NYSE: UNP) and Berkshire Hathaway (NYSE: BRK.B) turned into the worst performers of 2015. That increases the allure of equal-weight options like QQQE because they are not driven by just a few stocks.

Related: Tumbling Tech a Problem for ETF Investors

Additionally, there is no need for investors to attempt to catch the exact bottom in QQQ as waiting for a rebound could prove rewarding.

“This should present investors with a return in the region of 9 percent through to September, ceteris paribus. What the Federal Reserve decides to do between then and now could either enhance or hinder its progress, but we do see this as the higher probability result,” adds Seeking Alpha.

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PowerShares QQQ