(FNGU) MicroSectors FANG+ Index 3X - Ratings and Ratios
Tech, Consumer, Discretionary, Leveraged
| Risk via 10d forecast | |
|---|---|
| Volatility | 68.7% |
| Value at Risk 5%th | 114% |
| Relative Tail Risk | 1.05% |
| Reward TTM | |
|---|---|
| Sharpe Ratio | 0.65 |
| Alpha | -20.85 |
| Character TTM | |
|---|---|
| Hurst Exponent | 0.394 |
| Beta | 3.725 |
| Beta Downside | 3.455 |
| Drawdowns 3y | |
|---|---|
| Max DD | 60.84% |
| Mean DD | 16.12% |
| Median DD | 8.72% |
Description: FNGU MicroSectors FANG+ Index 3X November 14, 2025
The MicroSectors FANG+ Index 3X Leveraged ETN (NYSE ARCA:FNGU) is a daily-reset, equal-dollar-weighted product that tracks a basket of highly-traded growth stocks in the technology and consumer-discretionary sectors. It is marketed as a trading tool for sophisticated investors who incorporate it into a broader, diversified portfolio and who actively manage the heightened daily risk inherent in a 3× leveraged exposure.
Key quantitative attributes (as of the latest filing) include an expense ratio of roughly 0.95 % p.a., a 3× leverage factor that resets each trading day, and an average 30-day historical volatility exceeding 70 %. The ETN’s performance is tightly linked to macro drivers such as U.S. interest-rate policy (which influences the cost of growth-stock financing) and consumer-spending trends that affect tech-enabled retailers. A recent KPI is the net asset value (NAV) drift relative to the underlying index, which has averaged a 1.2 % premium/discount over the past six months, reflecting market demand for leveraged exposure.
For a deeper, data-driven assessment of how FNGU’s risk-adjusted returns compare to alternative leveraged tech products, you may find the analytical dashboards on ValueRay useful.
FNGU ETF Overview
| Market Cap in USD | 6,867m |
| Category | Trading--Leveraged Equity |
| TER | 0.95% |
| IPO / Inception | 2018-01-22 |
| Return 12m vs S&P 500 | 7.73% |
| Analyst Rating | - |
FNGU Dividends
Currently no dividends paidFNGU Growth Ratios
| CAGR 3y | 27.49% |
| CAGR/Max DD Calmar Ratio | 0.45 |
| CAGR/Mean DD Pain Ratio | 1.70 |
| Current Volume | 4788.5k |
| Average Volume | 4803.7k |
What is the price of FNGU shares?
Over the past week, the price has changed by -1.83%, over one month by +2.91%, over three months by +10.02% and over the past year by +19.63%.
Is MicroSectors FANG+ Index 3X a good stock to buy?
Based on momentum, paid dividends and discounted-cash-flow analyses, the fair value of FNGU is around 25.76 USD . This means that FNGU is currently overvalued and has a potential downside of -11.14%.
Is FNGU a buy, sell or hold?
What are the forecasts/targets for the FNGU price?
| Issuer | Target | Up/Down from current |
|---|---|---|
| Wallstreet Target Price | - | - |
| Analysts Target Price | - | - |
| ValueRay Target Price | 30.9 | 6.7% |
FNGU Fundamental Data Overview November 06, 2025
Beta = 3.59
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 = 6.87b USD (6.87b + (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 6.87b)
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 6.87b / 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 = 19.74% (E(6.87b)/V(6.87b) * Re(19.74%) + (debt-free company))
Discount Rate = 19.74% (= CAPM, Blume Beta Adj.) -> capped to 17.95%
Fair Price DCF = unknown (Cash Flow 0.0)
Additional Sources for FNGU ETF
Tweets: X | Stocktwits
Fund Manager Positions: Dataroma | Stockcircle