(FNGD) MicroSectors FANG+ Index - Ratings and Ratios
Inverse, Leveraged, ETN, FANG, Tech Stocks
Description: FNGD MicroSectors FANG+ Index
The MicroSectors FANG+ Index -3X Inverse Leveraged ETN is a sophisticated financial instrument designed for investors seeking to capitalize on the daily inverse performance of the FANG+ index, a basket of highly-traded growth stocks in the technology and consumer discretionary sectors. This ETN is not suitable for long-term investors due to its leveraged and inverse nature, which is intended for daily trading purposes.
The FANG+ index comprises a selection of tech and tech-enabled companies, providing a concentrated exposure to this segment. By using FNGD, investors can potentially profit from a decline in the FANG+ index, making it a tool for hedging or speculative purposes. However, its crucial to understand that the -3X leverage amplifies both gains and losses, and the ETNs value can decay over time due to compounding effects.
Analyzing the
Based on the technical indicators and fundamental data, a potential forecast is that FNGD may experience a short-term bounce due to oversold conditions, but the long-term trend remains bearish. If the FANG+ index continues to rise, FNGDs inverse and leveraged nature will likely result in further declines. Conversely, if the FANG+ index experiences a significant correction, FNGD could potentially rally. Investors should closely monitor the FANG+ index and adjust their strategies accordingly. A more detailed analysis of the FANG+ indexs constituents and market trends is necessary to make informed investment decisions.
To capitalize on FNGD, investors could consider a contrarian strategy, buying on dips or using it as a hedge against their long positions in tech stocks. However, due to the ETNs complexity and risk profile, its essential for investors to thoroughly understand the product and its underlying index before making any investment decisions.
Additional Sources for FNGD ETF
Tweets: X | Stocktwits
Fund Manager Positions: Dataroma | Stockcircle
FNGD ETF Overview
Market Cap in USD | 80m |
Category | Trading--Inverse Equity |
TER | 0.95% |
IPO / Inception | 2018-01-22 |
FNGD ETF Ratings
Growth Rating | -90.8 |
Fundamental | - |
Dividend Rating | 0.0 |
Rel. Strength | -71 |
Analysts | - |
Fair Price Momentum | 2.02 USD |
Fair Price DCF | - |
FNGD Dividends
Currently no dividends paidFNGD Growth Ratios
Growth Correlation 3m | -98% |
Growth Correlation 12m | -85.4% |
Growth Correlation 5y | -94.2% |
CAGR 5y | -70.61% |
CAGR/Max DD 5y | -0.71 |
Sharpe Ratio 12m | -1.14 |
Alpha | -32.12 |
Beta | -4.403 |
Volatility | 60.08% |
Current Volume | 3082.1k |
Average Volume 20d | 3552.1k |
Stop Loss | 6.2 (-5.6%) |
As of July 09, 2025, the stock is trading at USD 6.57 with a total of 3,082,084 shares traded.
Over the past week, the price has changed by -2.95%, over one month by -14.01%, over three months by -72.35% and over the past year by -67.15%.
No, based on ValueRay´s Analyses, MicroSectors FANG+ Index (NYSE ARCA:FNGD) is currently (July 2025) a stock to sell. It has a ValueRay Growth Rating of -90.78 and therefor a clear technical negative rating according to historical growth.
Based on momentum, paid dividends and discounted-cash-flow analyses, the fair value of FNGD is around 2.02 USD . This means that FNGD is currently overvalued and has a potential downside of -69.25%.
MicroSectors FANG+ Index has no consensus analysts rating.
According to our own proprietary Forecast Model, FNGD MicroSectors FANG+ Index will be worth about 2.2 in July 2026. The stock is currently trading at 6.57. This means that the stock has a potential downside of -66.82%.
Issuer | Target | Up/Down from current |
---|---|---|
Wallstreet Target Price | - | - |
Analysts Target Price | - | - |
ValueRay Target Price | 2.2 | -66.8% |