(FNGO) MicroSectors FANG+ Index 2X - Ratings and Ratios
Leveraged, Index, FANG+, ETN, Daily
Dividends
Currently no dividends paid| Risk via 5d forecast | |
|---|---|
| Volatility | 43.6% |
| Value at Risk 5%th | 73.7% |
| Relative Tail Risk | 2.61% |
| Reward TTM | |
|---|---|
| Sharpe Ratio | 0.54 |
| Alpha | -20.04 |
| CAGR/Max DD | 2.12 |
| Character TTM | |
|---|---|
| Hurst Exponent | 0.270 |
| Beta | 2.664 |
| Beta Downside | 2.491 |
| Drawdowns 3y | |
|---|---|
| Max DD | 47.64% |
| Mean DD | 9.03% |
| Median DD | 5.79% |
Description: FNGO MicroSectors FANG+ Index 2X December 27, 2025
The MicroSectors FANG+ Index 2X Leveraged ETN (NYSE ARCA:FNGO) is a senior unsecured medium-term note issued by BMO that delivers a daily-compounded, 2-times leveraged return on the equal-dollar-weighted NYSE FANG+ Index, after deducting a Daily Investor Fee, Daily Financing Charge, and any applicable Redemption Fee. The underlying index tracks a basket of highly-traded growth stocks across technology and consumer-discretionary sectors, emphasizing large-cap, tech-enabled companies.
Key quantitative points to note: the ETN’s expense ratio is roughly 0.85% annualized; the Daily Financing Charge typically hovers around 0.02% per day, which compounds quickly in volatile markets. Performance is highly sensitive to macro-level drivers such as U.S. interest-rate policy (which influences tech valuation multiples) and quarterly earnings trends for mega-caps like Apple, Microsoft, Nvidia, and Tesla-core constituents of the FANG+ Index. Because the leverage is applied on a daily basis, returns can diverge significantly from a simple 2× multiple over longer horizons, especially during periods of high volatility.
For a data-driven, risk-adjusted deep-dive into FNGO’s behavior under different market regimes, you might explore ValueRay’s analytics platform.
What is the price of FNGO shares?
Over the past week, the price has changed by -1.66%, over one month by -9.96%, over three months by -7.76% and over the past year by +17.42%.
Is FNGO a buy, sell or hold?
What are the forecasts/targets for the FNGO price?
| Issuer | Target | Up/Down from current |
|---|---|---|
| Wallstreet Target Price | - | - |
| Analysts Target Price | - | - |
| ValueRay Target Price | 144.1 | 24.2% |
FNGO Fundamental Data Overview December 31, 2025
Beta = 2.79
Revenue TTM = 0.0 USD
EBIT TTM = 0.0 USD
EBITDA TTM = 0.0 USD
Long Term Debt = unknown (none)
Short Term Debt = unknown (none)
Debt = unknown
Net Debt = unknown
Enterprise Value = 594.2m USD (594.2m + (null Debt) - (null CCE))
Interest Coverage Ratio = unknown (Ebit TTM 0.0 / Interest Expense TTM 0.0)
FCF Yield = 0.0% (FCF TTM 0.0 / Enterprise Value 594.2m)
FCF Margin = unknown (Revenue TTM is 0 or missing)
Net Margin = unknown
Gross Margin = unknown ((Revenue TTM 0.0 - Cost of Revenue TTM 0.0) / Revenue TTM)
Tobins Q-Ratio = unknown (Enterprise Value 594.2m / Total Assets none)
Interest Expense / Debt = unknown (Interest Expense 0.0 / Debt none)
Taxrate = 21.0% (US default 21%)
NOPAT = 0.0 (EBIT 0.0 * (1 - 21.00%))
Current Ratio = unknown (Total Current Assets none / Total Current Liabilities none)
Debt / Equity = unknown (Debt none)
Debt / EBITDA = unknown (Net Debt none / EBITDA 0.0)
Debt / FCF = unknown (Net Debt none / FCF TTM 0.0)
Total Stockholder Equity = 0.0 (from calculated bookValueOfEquity)
RoA = unknown (Net Income 0.0 / Total Assets none)
RoE = unknown (Net Income TTM 0.0 / Total Stockholder Equity 0.0)
RoCE = unknown (EBIT 0.0 / Capital Employed )
RoIC = unknown (NOPAT 0.0, Invested Capital 0.0, EBIT 0.0)
WACC = 15.83% (E(594.2m)/V(594.2m) * Re(15.83%) + (debt-free company))
Discount Rate = 15.83% (= CAPM, Blume Beta Adj.)
Fair Price DCF = unknown (Cash Flow 0.0)
Additional Sources for FNGO ETF
Tweets: X | Stocktwits
Fund Manager Positions: Dataroma | Stockcircle