MicroSectors FANG+ Index 3X Leveraged ETN (FNGU)
| Assets | $7.68B |
| Expense Ratio | 0.95% |
| PE Ratio | 259.72 |
| Shares Out | 13.00M |
| Dividend (ttm) | n/a |
| Dividend Yield | n/a |
| Ex-Dividend Date | n/a |
| Payout Ratio | n/a |
| 1-Year Return | +157.11% |
| Volume | 912,081 |
| Open | 582.20 |
| Previous Close | 596.40 |
| Day's Range | 576.79 - 639.15 |
| 52-Week Low | 204.92 |
| 52-Week High | 697.87 |
| Beta | 3.69 |
| Holdings | 10 |
| Inception Date | Jan 22, 2018 |
About FNGU
Fund Home PageThe MicroSectors FANG+ Index 3X Leveraged ETN (FNGU) is an exchange-traded note that is based on the NYSE FANG+ index. The fund tracks 3x the daily price movements of an equal-weighted index of US-listed technology and consumer discretionary companies. FNGU was launched on Jan 22, 2018 and is issued by REX Microsectors.
Top 10 Holdings
100.00% of assets| Name | Symbol | Weight |
|---|---|---|
| CrowdStrike Holdings, Inc. | CRWD | 10.78% |
| Broadcom Inc. | AVGO | 10.17% |
| ServiceNow, Inc. | NOW | 10.11% |
| Meta Platforms, Inc. | META | 10.02% |
| Apple Inc. | AAPL | 9.93% |
| Amazon.com, Inc. | AMZN | 9.87% |
| Alphabet Inc. | GOOGL | 9.83% |
| NVIDIA Corporation | NVDA | 9.83% |
| Netflix, Inc. | NFLX | 9.75% |
| Microsoft Corporation | MSFT | 9.70% |
News
FNGU: A Leveraged Bet On Innovation
MicroSectors FANG+ Index 3X Leveraged ETN is an ETN that aims to deliver 3x the daily performance of the NYSE FANG+ Index which focuses on 10 companies. Although it's difficult to advocate for a long-...
FNGU: Now Is Not The Time To Chase Big Tech's Epic Rally
The MicroSectors FANG+ Index 3X Leveraged ETN offers 3X bullish exposure to 10 mega-cap tech stocks but is currently rated a hold due to recent massive gains. FNGU's performance has been driven by sto...
FNGU: Derisking May Impact This Fund
FNGU is a 3x leveraged ETN targeting daily returns of the FANG+ index with a daily reset mechanism. Due to the compounding effect as a result of the daily reset, FNGU is unsuitable for buy-and-hold st...
FNGU: Betting Big On Just 10 FANG+ Stocks
The MicroSectors FANG+ Index 3X Leveraged ETN is a concentrated bet on the 10 largest U.S. technology stocks. Over the past year, FNGU has outperformed the Invesco Nasdaq-100 Trust QQQ's by 7x over th...
June MDA Breakout Stocks/ETFs Week 25 - 2023: High-Frequency Gainers To Give You An Edge
Two new Breakout Stocks for Week 25 with better than 10% short-term upside, ETF updates, and two Dow 30 Picks. Average cumulative returns for 2023 are +105.71% YTD. Last week, we had peak gains in LUN...
June MDA Breakout Stocks/ETFs Week 22 - 2023: High-Frequency Gainers To Give You An Edge
Two new Breakout Stocks for Week 22 with better than 10% short-term upside, ETF updates and one Dow 30 pick. Average cumulative returns for 2023 are +79.6% YTD. Last week we had peak gains in GLOB +15...
ETF/ETN Breakouts Week 42 - October 2021: Short-Term Funds To Give You An Edge
The monthly ETF/ETN forecast article highlights some strong sectors, index and commodity funds as a summary of the weekly and daily chat room articles. This report goes out weekly with live daily upda...
Direxion 2x ETF Targets FANG Stocks
The new fund offers leveraged FANG exposure in an ETF wrapper for the first time.
ETF/ETN Breakouts Week 39 - September 2021: Short-Term Funds To Give You An Edge
This is the first public release of the weekly ETF/ETN forecast article, highlighting some strong sectors, index funds and commodities for your consideration. This report goes out weekly with live dai...
More FANG MicroSectors ETNs Debut
The two notes aim to provide 3x returns on a modified FANG index.
ETF Battles: BLOK Vs FNGU & ETHE
ETF.com's Cinthia Murphy spars with ETF PM's David Kreinces in a triple-header on blockchain, bank stocks and ethereum.
Let's Take A Look At This Weeks Highest Performing ETFs: Amplify Seymour Cannabis, MicroSectors
Exchange-traded funds (ETFs) provide you with a way to own shares in a broad range of different companies without having to buy each individual share. Investors utilize ETFs because they're relativel...
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*:
More ETN Closures Coming
Investor awareness and fading issuer commitment will change the space.
ETF Battles: TQQQ Vs. FNGU - A Duel Between Leveraged High Tech ETPs
ETF Battles: TQQQ Vs. FNGU - A Duel Between Leveraged High Tech ETPs
Will FANG Lead The Market Rebound?
Once the worst aspects of the COVID-19 crisis are behind us, how will the markets react?
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.