MicroSectors FANG+ Index -3X Inverse Leveraged ETN (FNGD)

NYSEARCA: FNGD · Real-Time Price · USD
16.64
+0.10 (0.60%)
At close: Nov 20, 2024, 4:00 PM
16.85
+0.21 (1.26%)
Pre-market: Nov 21, 2024, 5:40 AM EST
0.60%
Assets $126.41M
Expense Ratio 0.95%
PE Ratio 18.74
Shares Out 5.00M
Dividend (ttm) n/a
Dividend Yield n/a
Ex-Dividend Date n/a
Payout Ratio n/a
1-Year Return -76.26%
Volume 3,035,173
Open 16.38
Previous Close 16.54
Day's Range 16.38 - 17.29
52-Week Low 15.63
52-Week High 74.70
Beta -2.87
Holdings 10
Inception Date Jan 25, 2018

About FNGD

Fund Home Page

The MicroSectors FANG+ Index -3X Inverse Leveraged ETN (FNGD) is an exchange-traded note that is based on the NYSE FANG+ index. The fund tracks -3x the daily price movements of an index of technology and consumer discretionary companies. The note uses derivatives to achieve its -3x exposure. FNGD was launched on Jan 25, 2018 and is issued by REX Microsectors.

Asset Class Equity
Category Trading--Inverse Equity
Region North America
Stock Exchange NYSEARCA
Ticker Symbol FNGD
ETF Provider REX Microsectors
Index Tracked NYSE FANG+ index

Top 10 Holdings

100.00% of assets
Name Symbol Weight
Meta Platforms, Inc. META 12.53%
Tesla, Inc. TSLA 11.71%
NVIDIA Corporation NVDA 10.66%
Advanced Micro Devices, Inc. AMD 10.03%
Netflix, Inc. NFLX 9.65%
Apple Inc. AAPL 9.39%
Amazon.com, Inc. AMZN 9.35%
Snowflake Inc. SNOW 9.10%
Microsoft Corporation MSFT 8.84%
Alphabet Inc. GOOGL 8.74%
View More Holdings

News

May MDA Breakout Stocks/ETFs Week 20 - 2023: High-Frequency Gainers To Give You An Edge

Two new Breakout Stocks for Week 20 with better than 10% short-term upside, ETF updates, and two Dow 30 Picks. Average cumulative returns for 2023 are +68.3% YTD. The negative MG Signal continues, but...

1 year ago - Seeking Alpha

Largest Market Topping Signal Since August As Fed Considers 50 Bps Rate Hike

February 21st triggered the first negative market signal in 2023 and the largest negative signal since August 2022. The last time the Momentum Gauges® turned negative from the highest peak positive le...

1 year ago - Seeking Alpha

FNGD: Fade The Bear Market Rally

FNGD is an exchange traded note which provides -3x the return of the FANG+ Index. The Index is up north of 7% in the past five trading days, exhibiting the traits of yet another bear market rally.

2 years ago - Seeking Alpha

FNGD: Take Advantage Of Tech Headwinds

FNGD is an exchange traded note which provides -3x the return of the FANG+ Index. On the back of inflated valuations and rising rates, we will see increased volatility in mega cap technology names.

3 years ago - Seeking Alpha

More FANG MicroSectors ETNs Debut

The two notes aim to provide 3x returns on a modified FANG index.

Other symbols: FNGUQQQ
3 years ago - ETFcom

Week 29 MDA Breakout Stocks - July 2021: Short-Term Stocks And Funds To Give You An Edge

Two new sample breakout stocks for Week 29 with better than 10% short-term upside potential. New ETF/ETN forecast section has been added. This past week the peak gains were in ATOS +26.6% and FUV +5.8...

3 years ago - Seeking Alpha

FANG+ Index Trading At An All-Time High; Opportunity To Buy, Hold Or Sell?

Some of the largest U.S. listed tech stocks which comprise the NYSE® FANG+™ Index are trading around their all-time highs. Is this an opportunity to buy, hold or sell?

Other symbols: FNGOFNGSFNGU
4 years ago - Benzinga

These Geared ETNs Bucking Trend

ETNs as a wrapper may be losing ground, but demand for MicroSectors' geared strategies is strong.

Other symbols: FNGOFNGU
4 years ago - ETFcom

FANG+ Index Trading Below Its Recent High; Opportunity to Buy or Sell?

Some of the largest U.S. tech stocks in the NYSE® FANG+™ Index are trading below their recent highs.

Other symbols: FNGSFNGOFNGU
4 years ago - Benzinga

MicroSectors FANG+ Index 3X Leveraged ETN, Upsized to $200 Million Aggregate Amount

NYSE® FANG+™ Index Components*:

Other symbols: FNGU
4 years ago - Benzinga

It's Mid-August -- Markets Are Topping Out: It Could Be Worse Than A Bad Seasonal Bear Phase

This piece is a sequel to our July 20 Seeking Alpha article (It's Still July, So Equities Are Still Rallying; August-September Will Be Calamitous, However).

4 years ago - Seeking Alpha

Bears Fawning For FANG With A Newly Upsized ETN

With the Nasdaq Composite seemingly racing to record highs on an almost daily basis, the FANG quartet of Facebook (NASDAQ: FB), Amazon.com (NASDAQ: AMZN), Netflix (NASDAQ: NFLX) and Alphabet (NASDAQ: ...

5 years ago - Benzinga

Trading The FANG+ Index With The New FNGS ETN

Scott Acheychek explains the benefits of the NYSE FANG+ Index and how investors can take advantage of the FANG+ via FNGS.

Other symbols: FNGU
5 years ago - Seeking Alpha