Market Tracker

09/25 1:19pm ET

MicroSectors™ FANG+™ Index -3X Inverse Leveraged ETN (FNGD)

9.83
BATS BZX Real-Time Price
As of 1:15pm ET
 -0.18 / -1.80%
Today’s Change
7.26
Today|||52-Week Range
88.52
-83.37%
Year-to-Date

Investment Objective

The investment seeks return linked to a three times inverse leveraged participation in the daily performance of the NYSE Fang+™ Index, total return (the “index“). The notes are intended to be daily trading tools for sophisticated investors to manage daily trading risks as part of an overall diversified portfolio. The index is an equal-dollar weighted index designed to represent a segment of the technology and consumer discretionary sectors consisting of highly-traded growth stocks of technology and tech-enabled companies.

5 Best Leveraged ETFs of the First Nine Months
10:10am / Zacks.com - Paid Partner Content
Best Leveraged ETF Areas of Last Week
Sep 18 / Zacks.com - Paid Partner Content
The Zacks Analyst Blog Highlights WGMI, FNGS, TSLY, SFYF and FBCG
Sep 21 / Zacks.com - Paid Partner Content
Deutsche Bank (DB) Launches DBIP, Enhances Private Credit
Sep 13 / Zacks.com - Paid Partner Content
5 ETFs That Are Up More Than 40% So Far This Year
Sep 20 / Zacks.com - Paid Partner Content
Best Inverse/Leveraged ETFs of Last Week
Sep 12 / Zacks.com - Paid Partner Content

Performance

1 month+4.74% 3 years-62.84%
3 months+9.89% 5 years-71.66%
1 year-82.66% Since inception-70.44%
Data through 09/23/2023

Quote Details

Previous close$10.01
Open day’s range9.79 – 10.27
Net asset value (NAV)10.03 (09/22/2023)
Daily volume6,866,172
Average volume (3 months)9,357,191
Data as of 1:15pm ET, 09/25/2023

Peer Comparisonvs. Trading--inverse equity ETFs

 FNGDCategory
Performance 5-yr return-71.66%-29.79%
Expense Gross exp ratio0.95%--
Risk 5 year sharpe ratio-1.12--
Net assets$206.9M--
Average market cap$480.5B$101.6B
Average P/E31.312.4
Dividend / Share--32.88%

Competitors

SPDN Direxion Daily S&P 500® Bear 1X Shares
SH ProShares Short S&P500
SDS ProShares UltraShort S&P500

Holdings

Top 5 Sectors
Portfolio weighting
Business service --
Consumer goods --
Consumer service --
Energy --
Financial service --
Top 10 Holdings
Portfolio weighting
META Facebook12.53%
TSLA Tesla11.71%
NVDA NVIDIA Corp10.66%
AMD Advanced Micro Devices Inc10.03%
NFLX Netflix9.65%
AAPL Apple9.39%
AMZN Amazon9.35%
SNOW Snowflake Inc.9.10%
MSFT Microsoft8.84%
GOOGL Google8.74%