(FNGD) MicroSectors FANG+ Index - Ratings and Ratios

Exchange: NYSE ARCA • Country: USA • Currency: USD • Type: Etf • ISIN: US0636798649

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 , the current price of FNGD is at its 52-week low, indicating a potential oversold condition. The SMA20, SMA50, and SMA200 are all above the current price, suggesting a downtrend. The ATR indicates a high level of volatility, which is expected given the leveraged nature of the ETN. Considering the , the AUM of $124.77M suggests a moderate level of investor interest.

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

News: Wall Street Journal | Benzinga | Yahoo Finance
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 paid

FNGD 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%)
What is the price of FNGD shares?
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%.
Is MicroSectors FANG+ Index a good stock to buy?
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%.
Is FNGD a buy, sell or hold?
MicroSectors FANG+ Index has no consensus analysts rating.
What are the forecasts for FNGD share price target?
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%