MicroSectors FANG+ ETN (FNGS)
| Assets | $488.90M |
| Expense Ratio | 0.58% |
| PE Ratio | n/a |
| Shares Out | 7.50M |
| Dividend (ttm) | n/a |
| Dividend Yield | n/a |
| Ex-Dividend Date | n/a |
| Payout Frequency | n/a |
| Payout Ratio | n/a |
| Volume | 52,451 |
| Open | 66.60 |
| Previous Close | 66.23 |
| Day's Range | 65.81 - 66.68 |
| 52-Week Low | 41.62 |
| 52-Week High | 66.68 |
| Beta | 1.26 |
| Holdings | 10 |
| Inception Date | Nov 15, 2019 |
About FNGS
Fund Home PageThe MicroSectors FANG+ ETN (FNGS) is an exchange-traded note that is based on the NYSE FANG+ index. The fund tracks an equally-weighted index of US-listed technology and consumer discretionary companies, selected by a committee. FNGS was launched on Nov 15, 2019 and is issued by REX Microsectors.
Top 10 Holdings
100.00% of assets| Name | Symbol | Weight |
|---|---|---|
| NVIDIA Corporation | NVDA | 11.00% |
| Broadcom Inc. | AVGO | 10.58% |
| Apple Inc. | AAPL | 10.37% |
| Microsoft Corporation | MSFT | 10.12% |
| Amazon.com, Inc. | AMZN | 10.07% |
| Meta Platforms, Inc. | META | 9.89% |
| Alphabet Inc. | GOOGL | 9.84% |
| Netflix, Inc. | NFLX | 9.80% |
| CrowdStrike Holdings, Inc. | CRWD | 9.35% |
| ServiceNow, Inc. | NOW | 8.98% |
Performance
FNGS had a total return of 39.94% in the past year, including dividends. Since the fund's inception, the average annual return has been 33.95%.
News
FNGS Can Provide Exposure To High-Growth Tech Stocks
FNGS offers concentrated exposure to high-growth tech leaders via an ETN structure, outperforming the Nasdaq 100 by 15% over the past year. Top holdings like Nvidia and Broadcom drive performance thro...
Tech stocks are making a comeback, but it doesn't look sustainable. Here's how to play the sector.
Experts recommend sticking to large-cap stocks, having conviction and looking for short-term yield opportunities.
FNGS: Upgrade To Buy As Magnificent 7 Lead Again
Upgrading Microsectors FANG+ ETN to a tactical buy due to potential near-term gains and a possible "melt-up" scenario for the Mag-7 stocks. FNGS, with its concentrated portfolio of 10 stocks, offers t...
FNGS: Too Much Of A Good Thing Adds To Downside Risk
FNGS tracks an index of 10 mega-cap tech-focused stocks commonly referred to as FANG+. The strategy has significantly outperformed the broader market in recent years but also faced a deeper drawdown d...
Ranking The Magnificent 7 Stocks And An ETF That Owns Them All (FNGS)
The group of dominant businesses known as FAANG, renamed The Magnificent 7, had a successful year in 2023. Investors can gain exposure to the Magnificent 7 through the MicroSectors FANG+ ETN. The tech...
FNGS: Increasingly Vulnerable
MicroSectors™ FANG+™ ETN offers exposure to the NYSE FANG+ Index, consisting of 10 highly liquid stocks. FANG stocks are no longer outperforming the S&P 500 and show signs of a downtrend. The FNGS ETF...
MicroSectors FANG+ ETN: Stick With Strength
The MicroSectors FANG+ ETN offers investors pure play exposure to big tech companies like Microsoft, Apple, Google, Meta, and Amazon. These companies are well positioned to benefit from technological ...
FNGS: Time To Sell The Magnificent Seven
The 'magnificent seven' tech stocks, including Apple, Microsoft, Google, Amazon, Tesla, Meta, and Nvidia, have significantly outperformed the market in 2023, with the MicroSectors FANG+™ Exchange Trad...
FNGS: Mega-Cap Fund Up 40% This Year
The MicroSectors FANG+ Exchange Traded Notes are linked to the performance of the NYSE FANG+ Index. FNGS gives you equal weighted exposure to the 10 largest technology and consumer discretionary equit...
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?
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.
Can FANG Stocks Continue To Outshine The Broader Technology Sector?
What a difference eight weeks make. In April, we noted how the FANG stocks were among the first to rebound even as the market was just beginning to digest the potential impact that COVID-19 would have...
Will FANG Lead The Market Rebound?
Once the worst aspects of the COVID-19 crisis are behind us, how will the markets react?