(FNGS) MicroSectors FANG+ ETN - Overview
Etf: Technology, Consumer Discretionary, Growth Stocks, Equal-Weighted
| Risk 5d forecast | |
|---|---|
| Volatility | 30.9% |
| Relative Tail Risk | 2.63% |
| Reward TTM | |
|---|---|
| Sharpe Ratio | 0.13 |
| Alpha | -12.85 |
| Character TTM | |
|---|---|
| Beta | 1.289 |
| Beta Downside | 1.197 |
| Drawdowns 3y | |
|---|---|
| Max DD | 26.77% |
| CAGR/Max DD | 1.35 |
Description: FNGS MicroSectors FANG+ ETN December 27, 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. The instrument is an unsecured, unsubordinated note issued by the Bank of Montreal, with each note issued at a $50 initial principal amount.
Key points to note: (1) The index’s equal-dollar weighting means each constituent receives the same exposure regardless of market cap, which can amplify the impact of smaller, high-growth names. (2) As of the latest data, the top five holdings are Apple, Amazon, Meta Platforms, Alphabet, and Nvidia, together accounting for roughly 30% of the index’s total exposure. (3) Performance is highly sensitive to macro drivers such as US consumer spending trends, corporate technology capital-expenditure cycles, and the Federal Reserve’s interest-rate policy, which directly affect discount rates for high-growth valuations.
For a deeper, data-driven breakdown of FNGS’s risk profile and sector sensitivities, you might find ValueRay’s analytics platform useful.
What is the price of FNGS shares?
Over the past week, the price has changed by -6.95%, over one month by -8.30%, over three months by -13.83% and over the past year by +3.93%.
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 | 72.2 | 16.6% |
FNGS Fundamental Data Overview February 02, 2026
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 = 495.4m USD (495.4m + (null Debt) - (null CCE))
Interest Coverage Ratio = unknown (Ebit TTM 0.0 / Interest Expense TTM 0.0)
EV/FCF = unknown (FCF TTM 0.0)
FCF Yield = 0.0% (FCF TTM 0.0 / Enterprise Value 495.4m)
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 495.4m / 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 = 10.66% (E(495.4m)/V(495.4m) * Re(10.66%) + (debt-free company))
Discount Rate = 10.66% (= CAPM, Blume Beta Adj.)
Fair Price DCF = unknown (Cash Flow 0.0)