(FNGS) MicroSectors FANG+ ETN - Ratings and Ratios
Social Media, Streaming, E-Commerce, Electric Vehicles
Dividends
Currently no dividends paid| Risk via 5d forecast | |
|---|---|
| Volatility | 26.8% |
| Value at Risk 5%th | 45.2% |
| Relative Tail Risk | 2.56% |
| Reward TTM | |
|---|---|
| Sharpe Ratio | 0.64 |
| Alpha | -2.55 |
| CAGR/Max DD | 1.98 |
| Character TTM | |
|---|---|
| Hurst Exponent | 0.427 |
| Beta | 1.300 |
| Beta Downside | 1.243 |
| Drawdowns 3y | |
|---|---|
| Max DD | 26.77% |
| Mean DD | 4.15% |
| Median DD | 2.43% |
Description: FNGS MicroSectors FANG+ ETN October 24, 2025
The MicroSectors FANG+ ETN (NYSE ARCA:FNGS) tracks an equal-dollar weighted index of highly-traded growth stocks across the technology and consumer-discretionary sectors, focusing on tech-enabled companies. The ETN is issued by the Bank of Montreal as an unsecured, unsubordinated obligation, with each note carrying a $50 initial principal amount.
Key data points to watch: (1) the index’s average forward-PE ratio, which currently sits around 30×, indicating elevated growth expectations; (2) the quarterly earnings beat rate of the constituent stocks, historically above 70%, reflecting strong earnings momentum; and (3) the sensitivity of the index to macro-level tech spending trends, as a 1% change in U.S. tech capital expenditure forecasts typically moves the index by roughly 0.4%.
If you’re looking to deepen your analysis of the ETN’s risk-adjusted performance, consider exploring ValueRay’s platform for granular factor breakdowns and scenario modeling.
What is the price of FNGS shares?
Over the past week, the price has changed by +0.87%, over one month by -0.01%, over three months by -3.97% and over the past year by +15.68%.
Is FNGS a buy, sell or hold?
What are the forecasts/targets for the FNGS price?
| Issuer | Target | Up/Down from current |
|---|---|---|
| Wallstreet Target Price | - | - |
| Analysts Target Price | - | - |
| ValueRay Target Price | 93.1 | 36.1% |
FNGS Fundamental Data Overview December 17, 2025
Beta = 1.35
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 = 508.9m USD (508.9m + (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 508.9m)
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 508.9m / 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 = 10.81% (E(508.9m)/V(508.9m) * Re(10.81%) + (debt-free company))
Discount Rate = 10.81% (= CAPM, Blume Beta Adj.)
Fair Price DCF = unknown (Cash Flow 0.0)
Additional Sources for FNGS ETF
Tweets: X | Stocktwits
Fund Manager Positions: Dataroma | Stockcircle