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

Drawdown / Underwater Chart for FNGU - MicroSectors FANG+ Index 3X  - Stock & Dividends

Overall Trend and Yearly Seasonality

Drawdown / Underwater Chart for FNGU - MicroSectors FANG+ Index 3X  - Stock & Dividends

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

News
Wall Street JournalBenzingaYahoo Finance
Tweets
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Fund Manager Positions
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What is the price of FNGU stocks?
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%.
What are the forecast for FNGU stock price target?
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