FNGU - MicroSectors FANG+ Index 3X - Stock & Dividends
Exchange: USA Stocks • Country: USA • Currency: USD • Type: Etf • ISIN: US0636798722 • Trading--Leveraged Equity
Technology, Internet, Social, Media, E-commerce, Online, Services
The MicroSectors FANG+ Index 3X Leveraged ETN (NYSE ARCA:FNGU) is a trading tool designed for experienced investors who want to actively manage their daily market risks. It's meant to be used as part of a broader, diversified investment portfolio.
The ETN tracks an equal-dollar weighted index that focuses on a specific segment of the technology and consumer discretionary sectors. This index is comprised of highly-traded growth stocks from technology and tech-enabled companies, which are typically characterized by their rapid expansion and innovation.
By providing 3X leveraged exposure to this index, the FNGU ETN allows investors to potentially amplify their returns, but it also increases the potential losses. As such, it's essential for investors to have a thorough understanding of the market and the risks involved before using this product.
The FNGU ETN can be a valuable tool for sophisticated investors who want to take a more aggressive stance in the market, but it's crucial to use it responsibly and as part of a well-diversified portfolio. By doing so, investors can potentially benefit from the growth opportunities presented by the technology and consumer discretionary sectors while managing their overall risk exposure.
Drawdown (Underwater) Chart
Overall Trend and Yearly Seasonality
FNGU ETF Overview
Market Cap in USD | 5,767m |
Category | Trading--Leveraged Equity |
TER | 0.95% |
IPO / Inception | 2018-01-22 |
FNGU ETF Ratings
Growth 5y | 67.6 |
Fundamental | - |
Dividend | |
Rel. Performance vs Sector | 7.50 |
Analysts | - |
Fair Price Momentum | 659.65 USD |
Fair Price DCF | - |
FNGU Dividends
Dividend Yield 12m | 0.00% |
Yield on Cost 5y | 0.00% |
Dividends CAGR 5y | 0.00% |
Payout Consistency | 0.0% |
FNGU Growth Ratios
Growth Correlation 3m | 76.6% |
Growth Correlation 12m | 87.3% |
Growth Correlation 5y | 31.8% |
CAGR 5y | 62.91% |
CAGR/Mean DD 5y | 1.49 |
Sharpe Ratio 12m | 1.87 |
Alpha vs SP500 12m | 65.40 |
Beta vs SP500 5y weekly | 3.97 |
ValueRay RSI | 92.06 |
Volatility GJR Garch 1y | 76.57% |
Price / SMA 50 | 25.65% |
Price / SMA 200 | 39.87% |
Current Volume | 1010.6k |
Average Volume 20d | 738.6k |
External Links for FNGU ETF
Wall Street Journal • Benzinga • Yahoo Finance
Tweets
X • Stocktwits
Fund Manager Positions
Dataroma • Stockcircle
As of November 08, 2024, the stock is trading at USD 523.20 with a total of 1,010,608 shares traded.
Over the past week, the price has changed by +23.51%, over one month by +29.22%, over three months by +73.23% and over the past year by +202.34%.
According to ValueRays Forecast Model, FNGU MicroSectors FANG+ Index 3X will be worth about 791.6 in November 2025. The stock is currently trading at 523.20. This means that the stock has a potential upside of +51.29%.
Issuer | Forecast | Upside |
---|---|---|
Wallstreet Target Price | - | - |
Analysts Target Price | - | - |
ValueRay Target Price | 791.6 | 51.3 |