MicroSectors FANG+ Index -2X Leveraged ETNS

'No Data'
Category: Leveraged Equities
Last Updated:
This ETF is no longer active. See active ETFs in the Leveraged Equities ETF Database Category.


Structure ETN
Expense Ratio 0.95%
ETF Home Page Home page
Inception Aug 01, 2018
Index Tracked NYSE FANG (TR) (200%)

Analyst Report

The Analyst Report for FNGZ is not available.

ETF Database Themes

Inverse Yes
Leveraged 2x
Asset Class Equity
Asset Class Size Multi-Cap
Region (General) North America
Region (Specific) U.S.

FactSet Classifications

Segment Inverse Equity: U.S. Big Tech
Category Sector
Focus Theme
Niche Big Tech
Strategy Equal
Weighting Scheme Equal

Trading Data

  • Open
  • Volume
  • Day Lo
  • Day Hi
  • 52 Week Lo $2.20
  • 52 Week Hi $4.69
  • AUM $2.5 M
  • Shares 1.0 M

Historical Trading Data

  • 1 Month Avg. Volume 44,252
  • 3 Month Avg. Volume 19,395

Alternative ETFs in the ETF Database Leveraged Equities Category

Type Symbol Expense Ratio Assets Avg. Daily Vol YTD Return
Cheapest SPUU 0.64% $310.4 M 23,957 21.24%
Largest (AUM) TQQQ 0.86% $15.5 B 93 M 107.98%
Most Liquid (Volume) TQQQ 0.86% $15.5 B 93 M 107.98%
Top YTD Performer NVDL 1.15% $207.2 M 695,363 345.92%

Alternative ETFs in the FactSet Inverse Equity: U.S. Big Tech Segment

Type Symbol Expense Ratio Assets Avg. Daily Vol YTD Return
Cheapest FNGD 0.95% $258.4 M 10 M -83.12%
Largest (AUM) FNGD 0.95% $258.4 M 10 M -83.12%
Most Liquid (Volume) FNGD 0.95% $258.4 M 10 M -83.12%
Top YTD Performer BERZ 0.95% $19.5 M 542,325 -79.01%

Top 15 Holdings

Concentration Analysis

This section compares how balanced and deep this ETF is relative to its peers.

Holdings Comparison

FNGZ ETF Database Category Average FactSet Segment Average
Number of Holdings 11 111 5
% of Assets in Top 10 112.89% 65.81% 56.45%
% of Assets in Top 15 100.00% 69.47% 50.00%
% of Assets in Top 50 100.00% 78.58% 50.00%

Size Comparison

FNGZ ETF Database Category Average FactSet Segment Average
Large (>12.9B) N/A 2.78% N/A
Mid (>2.7B) N/A 0.05% N/A
Small (>600M) N/A 0.00% N/A
Micro (<600M) N/A 0.00% N/A

FNGZ Valuation

This section compares the P/E ratio of this ETF to its peers.

P/E Ratio
ETF Database Category Average
P/E Ratio
FactSet Segment Average
P/E Ratio

FNGZ Dividend

This section compares the dividend yield of this ETF to its peers.

FNGZ ETF Database Category Average FactSet Segment Average
Dividend N/A $ 0.13 N/A
Dividend Date N/A N/A N/A
Annual Dividend Rate N/A $ 0.33 N/A
Annual Dividend Yield N/A 0.94% N/A

FNGZ Price and Volume Charts

Chart data for FNGZ is not available.

FNGZ Fund Flows Charts

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: 0 5 Year Net Flows: 0 10 Year Net Flows: 0

FNGZ Price vs Flows AUM Influence Charts

View charts that break down the influence that fund flows and price had on overall assets.

5 Day Net AUM Change: 120.74 K
1 Month Net AUM Change: 179.65 K
3 Month Net AUM Change: -242.67 K
6 Month Net AUM Change: -811.6 K
1 Year Net AUM Change: -2.43 M
3 Year Net AUM Change: -53.39 M
5 Year Net AUM Change: -44.66 M
10 Year Net AUM Change: -44.66 M

Realtime Rating

The adjacent table gives investors an individual Realtime Rating for FNGZ 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 ETF Database 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 ETF Database Pro. To view information on how the ETF Database Realtime Ratings work, click here.

Metric Metric Realtime Rating A+ Metric Rated ETF
Liquidity C+ NUGT
Expenses A- SPUU

A+ Overall Rated ETF:

FNGZ Expenses & Fees

This section compares the cost efficiency of this ETF to its peers.

Expenses Ratio Analysis

Expense Ratio
ETF Database Category Average
Expense Ratio
FactSet Segment Average
Expense Ratio

Tax Analysis

Max ST Capital Gains Rate 39.60%
Max LT Capital Gains Rate 20.00%
Tax On Distributions No distributions
Distributes K1 No
ESG Themes and Scores

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

FNGZ Performance

This section shows how this ETF has performed relative to its peers. Returns over 1 year are annualized.

FNGZ ETF Database
Category Average
Factset Segment
1 Month Return 5.89% -4.87% 1.77%
3 Month Return -11.15% -6.60% 0.98%
YTD Return -43.94% 24.59% -40.53%
1 Year Return -46.55% 15.40% -40.70%
3 Year Return -65.18% 4.92% -15.74%
5 Year Return N/A -3.83% -17.79%

Geographic Exposure

The following charts reflect the geographic spread of FNGZ's underlying holdings.

Holdings Analysis

The following charts reflect the allocation of FNGZ's underlying holdings.

FNGZ Technicals

Volatility Analysis

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

5 Day Volatility 98.64%
20 Day Volatility 45.85%
50 Day Volatility 39.81%
200 Day Volatility 38.79%
Beta -2.05
Standard Deviation 0.58%
5 Day Volatility
No Ranking Available

20 Day Volatility
No Ranking Available

50 Day Volatility
No Ranking Available

200 Day Volatility
No Ranking Available

No Ranking Available

Standard Deviation
No Ranking Available


  • 20 Day MA $2.44
  • 60 Day MA $2.53
  • MACD 15 Period -0.04
  • MACD 100 Period -0.23
  • Williams % Range 10 Day 91.89
  • Williams % Range 20 Day 61.82
  • RSI 10 Day 48
  • RSI 20 Day 48
  • RSI 30 Day 47
  • Ultimate Oscillator 43

Bollinger Bands

  • Lower Bollinger (10 Day) $2.33
  • Upper Bollinger (10 Day) $2.66
  • Lower Bollinger (20 Day) $2.24
  • Upper Bollinger (20 Day) $2.63
  • Lower Bollinger (30 Day) $2.17
  • Upper Bollinger (30 Day) $2.61

Support & Resistance

  • Support Level 1 n/a
  • Support Level 2 $2.39
  • Resistance Level 1 n/a
  • Resistance Level 2 $2.49


  • Stochastic Oscillator %D (1 Day) 34.08
  • Stochastic Oscillator %D (5 Day) 31.13
  • Stochastic Oscillator %K (1 Day) 42.58
  • Stochastic Oscillator %K (5 Day) 36.80


  • Tracking Difference Median (%) -140.81
  • Tracking Difference Max Upside (%) -67.58
  • Tracking Difference Max Downside (%) -245.56
  • Median Premium Discount (%) 0.03
  • Maximum Premium Discount (%) 2.02
  • Average Spread (%) 1.75
  • Average Spread ($) 1.75

Financial Advisor Report

ETF Database's Financial Advisor Reports are designed as an easy handout for clients to explain the key information on a fund. Includes new analyst insights and classification data.

Fact Sheet

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

Data Lineage

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ETF Database analysts have a combined 50 years in the ETF and Financial markets, covering every asset class and investment style. The team monitors new filings, new launches and new issuers to make sure we place each new ETF in the appropriate context so Financial Advisors can construct high quality portfolios.


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