MicroSectors FANG+ Index -3X Inverse Leveraged ETN (FNGD)
| Assets | $126.41M |
| Expense Ratio | 0.95% |
| PE Ratio | 40.19 |
| Shares Out | 729.25M |
| Dividend (ttm) | n/a |
| Dividend Yield | n/a |
| Ex-Dividend Date | n/a |
| Payout Ratio | n/a |
| 1-Year Return | -80.48% |
| Volume | 1,281,871 |
| Open | 35.88 |
| Previous Close | 38.08 |
| Day's Range | 35.29 - 36.60 |
| 52-Week Low | 33.48 |
| 52-Week High | 195.20 |
| Beta | -4.98 |
| Holdings | 10 |
| Inception Date | Jan 25, 2018 |
About FNGD
Fund Home PageThe MicroSectors FANG+ Index -3X Inverse Leveraged ETN (FNGD) is an exchange-traded fund 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.
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% |
News
More FANG MicroSectors ETNs Debut
The two notes aim to provide 3x returns on a modified FANG index.
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?
These Geared ETNs Bucking Trend
ETNs as a wrapper may be losing ground, but demand for MicroSectors' geared strategies is strong.
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.
MicroSectors FANG+ Index 3X Leveraged ETN, Upsized to $200 Million Aggregate Amount
NYSE® FANG+™ Index Components*:
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: ...