Are you getting the best rate from your broker?
Compare your broker's rates now to find out if you can save money
Choose your broker below
Welcome to ETFdb.com. Please help us personalize your experience.
Select the one that best describes you

FNGU
MicroSectors FANG+™ Index 3X Inverse Leveraged ETN

Price: $100.95
Change: $7.03 (0.07%)
Category: Leveraged Equities
Last Updated:

Vitals

Investment Themes

Trading Data

Open - Volume -
Day Lo - Day Hi -
  • Open
  • Volume
  • Day Lo
  • Day Hi
  • 52 Week Lo $23.01
  • 52 Week Hi $115.40
  • AUM $323.5 M
  • Shares 3.2 M

Analyst Report

The MicroSectors FANG+ Index 3X Leveraged exchange-traded note aims to triple the daily return of an index of so-called FANG stocks, meaning Facebook, Amazon, Apple, Netflix, and Google-parent Alphabet Inc. The fund offers highly concentrated exposure those five “core” companies, plus another five technology growth stocks, including Alibaba, Baidu, NVIDIA, Tesla and Twitter.

The notes are intended to be used as short-term trading tools by sophisticated investors. FNGU, like most leveraged products, rebalances at the end of every trading day. In practice, this means FNGU’s performance will diverge significantly from the underlying stocks. The daily reset means that FNGU could lose money over time even if the underlying equities have posted a gain, which can come as a rude surprise to buy-and-hold investors.

Investors looking for long-term exposure to technology might be better-served with low-cost funds like State Street Corp.’s Technology Select Sector SPDR Fund (XLK) or the Vanguard Information Technology ETF (VGT). Both offer broad tech exposure, but don’t invest in household names like Alphabet, Facebook and Twitter due to an indexing change that reclassified those companies into communications services. (Those stocks can be found in XLC and VOX instead.) Another long-term option is the Invesco QQQ Trust, which invests in non-financial companies listed on the Nasdaq. (QQQ includes all the FANG stocks except Twitter, which is listed on the New York Stock Exchange.)

FNGU’s management fee of 95 basis points might seem like a high price to pay for a passive investment, but that shouldn’t be a major concern for short-term trading. For traders who want the leverage but prefer broad exposure to tech, there’s products like TECL from Direxion, which uses leverage to juice returns of the same stocks as XLK.

Historical Trading Data

  • 1 Month Avg. Volume 374,474
  • 3 Month Avg. Volume 433,616

Alternative ETFs in the Leveraged Equities Category

Type Symbol Expense Ratio Assets Avg. Daily Vol YTD Return
Cheapest SDYL 0.30% $12.8 M 3,456 -33.00%
Largest (AUM) TQQQ 0.95% $6.7 B 43 M 16.86%
Most Liquid (Volume) SQQQ 0.95% $1.1 B 72 M -67.35%
Top YTD Performer FNGO 0.95% $88.5 M 9,266 61.25%

Top 15 Holdings

Concentration Analysis

This section compares how balanced and deep this ETF is relative to the peer group ETFdb.com Category.

10
Number of Holdings
100.00%
% Assets in Top 10
 
View Detailed Analysis
 
Number of Holdings
10
Rank
101 of 138
Low
YANG (1)
High
UWM (1996)
% Assets in Top 10
100.00%
Rank
110 of 138
Low
SRTY (2.82%)
High
FNGD (112.89%)

 
View Summary Analysis
 

Sector Breakdown

FNGU Valuation

This section shows how the P/E multiple of this ETF compares to the peer group ETFdb.com Category.

P/E Ratio
No Ranking Available
Rank
N/A
Low
GUSH (5.39)
High
JNUG (33.68)

FNGU Dividend

This section shows how the dividend yield of this ETF compares to the peer group ETFdb.com Category.

Dividend
n/a
Dividend Date
n/a
Annual Dividend Rate
n/a

n/a
Dividend
n/a
Dividend Date
n/a
Annual Dividend Rate
Annual Dividend Yield
No Ranking Available
Rank
N/A
Low
TQQQ (0.03%)
High
SMHB (23.73%)

FNGU Fund Flows

View charts featuring ETF fund flow data.

5 Day Net Flows: 0 1 Month Net Flows: 0 3 Month Net Flows: 0 6 Month Net Flows: 0 1 Year Net Flows: 0 3 Year Net Flows: 111.59 M 5 Year Net Flows: 111.59 M 10 Year Net Flows: 111.59 M

Realtime Rating

The adjacent table gives investors an individual Realtime Rating for FNGU on several different metrics, including liquidity, expenses, performance, volatility, dividend, concentration of holdings in addition to an overall rating. The "A+ Metric Rated ETF" field, available to ETFdb Pro members, shows the ETF in the Leveraged Equities with the highest Metric Realtime Rating for each individual field. To view all of this data, sign up for a free 14-day trial for ETFdb Pro. To view information on how the ETFdb Realtime Ratings work, click here.

Sign Up for Pro to Unlock Data Sign Up
Metric Metric Realtime Rating A+ Metric Rated ETF
Liquidity n/a n/a
Expenses n/a n/a
Performance
Volatility
Dividend
Concentration

A+ Overall Rated ETF:

FNGU Expenses & Fees

This section compares the cost efficiency of this ETF to peers in the same ETFdb.com Category.

Expenses Ratio Analysis

ETF Average
0.537%
ETF Wtd. Average
0.19%
Category Average
1.00%
Expense Ratio
0.95%
Rank
34 of 149
Low
SDYL (0.30%)
High
BDCY (1.65%)
ESG Themes and Scores

FNGU does not have an ESG score. There are no ESG themes that map to this ETF.

FNGU Performance

This section shows how this ETF has performed relative to its peer group ETFdb.com Category.

5.98%
1 Week Return
19.59%
4 Week Return
196.82%
13 Week Return
68.78%
26 Week Return
68.78%
Year to Date Return
164.96%
1 Year Return
No Ranking Available
3 Year Return
No Ranking Available
5 Year Return
 
View Detailed Analysis
 
1 Week Return
5.98%
Rank
21 of 149
Low
JDST (-11.49%)
High
JNUG (12.44%)
4 Week Return
19.59%
Rank
5 of 147
Low
DPST (-32.76%)
High
NUGT (22.44%)
13 Week Return
196.82%
Rank
4 of 149
Low
NRGD (-86.18%)
High
NAIL (222.90%)
26 Week Return
68.78%
Rank
1 of 149
Low
GUSH (-97.79%)
High
FNGU (68.78%)
Year to Date Return
68.78%
Rank
1 of 149
Low
GUSH (-97.79%)
High
FNGU (68.78%)
1 Year Return
164.96%
Rank
1 of 141
Low
GUSH (-98.66%)
High
FNGU (164.96%)
3 Year Return
No Ranking Available
Rank
N/A
Low
GUSH (-99.60%)
High
TECL (228.14%)
5 Year Return
No Ranking Available
Rank
N/A
Low
JDST (-99.99%)
High
TECL (584.33%)

 
View Summary Analysis
 

FNGU Price and Volume Chart

FNGU Technicals

Volatility Analysis

This section shows how the volatility of this ETF compares to the peer group ETFdb.com Category.

 
View Detailed Analysis
 
5 Day Volatility
624.11%
Rank
42 of 149
Low
REW (3.65%)
High
SOXL (1155.59%)
20 Day Volatility
95.69%
Rank
47 of 149
Low
CHAU (30.95%)
High
NRGD (213.79%)
50 Day Volatility
87.37%
Rank
51 of 149
Low
PPDM (34.37%)
High
DPST (205.39%)
200 Day Volatility
145.16%
Rank
65 of 149
Low
PPDM (56.69%)
High
JNUG (341.02%)
Beta
3.42
Rank
22 of 149
Low
DRIP (-4.99)
High
GUSH (5.27)
Standard Deviation
21.49%
Rank
37 of 141
Low
SZK (1.53%)
High
GUSH (686.23%)

 
View Summary Analysis
 

Technicals

  • 20 Day MA $92.63
  • 60 Day MA $73.87
  • MACD 15 Period 7.24
  • MACD 100 Period 31.76
  • Williams % Range 10 Day 14.06
  • Williams % Range 20 Day 13.04
  • RSI 10 Day 62
  • RSI 20 Day 61
  • RSI 30 Day 60
  • Ultimate Oscillator 59

Bollinger Brands

  • Lower Bollinger (10 Day) $86.19
  • Upper Bollinger (10 Day) $104.16
  • Lower Bollinger (20 Day) $81.15
  • Upper Bollinger (20 Day) $103.47
  • Lower Bollinger (30 Day) $70.86
  • Upper Bollinger (30 Day) $104.19

Support & Resistance

  • Support Level 1 $96.23
  • Support Level 2 $91.51
  • Resistance Level 1 $103.89
  • Resistance Level 2 $106.83

Stochastic

  • Stochastic Oscillator %D (1 Day) 77.56
  • Stochastic Oscillator %D (5 Day) 61.74
  • Stochastic Oscillator %K (1 Day) 67.52
  • Stochastic Oscillator %K (5 Day) 53.27

Fact Sheet

Fact sheets are issued by the ETF provider and framed by ETFdb.com. Information contained within the fact sheet is not guaranteed to be timely or accurate.

Download the fact sheet PDF

Brought to You by ETF Flows

Source: LSEG Information Services (US), Inc. (“LSEG”) © LSEG 2016. All rights in the XTF data, ratings and / or underlying data contained in this communication (“the XTF information”) vest in LSEG and/or its licensors. Neither LSEG nor its licensors accept any liability arising out of the use of, reliance on or any errors or omissions in the XTF information. No further distribution of the XTF information is permitted without LSEG’s express written consent. LSEG does not promote, sponsor or endorse the content of this communication.

Copyright MSCI ESG Research LLC [2018]. All Rights Reserved. MSCI ESG Research LLC’s (“MSCI ESG”) Fund Metrics products (the “Information”) provide environmental, social and governance data with respect to underlying securities within more than 23,000 multi-asset class Mutual Funds and ETFs globally. MSCI ESG is a Registered Investment Adviser under the Investment Advisers Act of 1940. MSCI ESG materials have not been submitted, to nor received approval from, the US SEC or any other regulatory body. None of the information constitutes an offer to buy or sell, or a promotion or recommendation of, any security, financial instrument or product or trading strategy, nor should it be taken as an indication or guarantee of any future performance, analysis, forecast or prediction. None of the Information can be used to determine which securities to buy or sell or when to buy or sell them. The Information is provided “as is” and the user of the Information assumes the entire risk of any use it may make or permit to be made of the Information. All Information is provided solely for your internal use, and may not be reproduced or redisseminated in any form without express prior written permission from MSCI. Neither MSCI ESG nor any of its affiliates or any third party involved in or related to creating any Information makes any express or implied warranties, representations or guarantees, and in no event will MSCI ESG or any such affiliate or third party have any liability for any direct, indirect, special, punitive, consequential or any other damages (including lost profits) relating to any Information. More information on MSCI ESG Fund Metrics, provided by MSCI ESG Research LLC, can be found at https://www.msci.com/esg-fund-metrics.
© 2020 Market data provided is at least 15-minutes delayed and hosted by Barchart Solutions.

Information is provided 'as is' and solely for informational purposes, not for trading purposes or advice, and is delayed. To see all exchange delays and terms of use, please see disclaimer.
Help & Info
Tools
More Tools
Explore ETFs
Legal