Yes. For me, the feeling is a mixture of envy and excitement. I get a surge of energy to go do something and I think, "Man, it would feel so great to do that thing. I'd be happy if I did that." And then I think about all the people who have done it or are doing it right now and get upset that I am not living their life.
Just earlier today I thought about how badly I want to visit Scotland and then I felt the Fear of Missing Out sensation. It's especially strong when it's experiences that my close friends have had, are having presently, or will have.