MicroSectors FANG+ Index 3X Leveraged ETN (FNGU)
| Assets | $7.43B |
| Expense Ratio | 0.95% |
| PE Ratio | 252.12 |
| Shares Out | 13.00M |
| Dividend (ttm) | n/a |
| Dividend Yield | n/a |
| Ex-Dividend Date | n/a |
| Payout Ratio | n/a |
| 1-Year Return | +158.13% |
| Volume | 587,674 |
| Open | 604.54 |
| Previous Close | 576.40 |
| Day's Range | 581.34 - 605.12 |
| 52-Week Low | 238.68 |
| 52-Week High | 697.87 |
| Beta | 3.64 |
| 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...
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...
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?
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*:
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.