Investment Policy The Fund seeks a three times leveraged participation in the daily performance of the NYSE FANG+ Index. Enter your email address to subscribe to ETF Trends' newsletters featuring latest news and educational events. MicroSectors FANG+ Index 3X Leveraged ETN () Fund Market info Recommendations: Buy or sell MicroSectors FANG+ Index 3X Leveraged ETN fund? The ETN offers investors the total return of the NYSE FANG plus Index on … Sign up for ETFdb.com Advisor Alerts now! The -3X ETNs are linked to the inverse performance of the Index - Your investment in a the -3X ETNs is linked to the inverse, or “short”, performance of the Index. Source: Bloomberg L.P. Data from 9/19/2014 to 1/29/2021. Exchange-traded funds are easy and affordable ways to invest. ETFs Future-Forward 2021: An iShares Investing Symposium, Three Themes for 2021: An iShares & MSCI Investing Symposium. Jeff Reeves Jan. 6, 2021. The constituents of FNGU - aside from TWTR - were chosen based on their strong past results as market leaders. Find the latest MicroSectors FANG Index 3X Lev (FNGU) stock quote, history, news and other vital information to help you with your stock trading and investing. The Index is an equal-dollar weighted index designed to … A Leveraged 3X ETF for FANG Bears. For more leveraged plays, visit our Leveraged & Inverse ETF Channel. FNGD offers leveraged notes that are inversely tied to FANG performance, meaning that when the FANG stocks sell off, the ETF makes amplified gains. Quite the contrary. The caveat, of course, is that when the stocks are performing well, losses can be much more significant as well. The MicroSectors FANG plus Index -3X Inverse Leveraged ETN is linked to the performance of the NYSE FANG plus Index. It’s also worth keeping in mind that the note tracks three times the inverse of the daily price movements of the index, so long-term returns could materially differ from those of the underlying index. Although they have recovered some recently, FANG, the acronym for tech giants Facebook (FB), Amazon (AMZN), Netflix (NFLX), and Google (Alphabet) (GOOG), has lost some of its market performance preeminence, according to experts. The NYSE FANG+™ Index, an equal-dollar weighted index, was created by ICE Data Indices, … Leveraged & Inverse Channel A Leveraged 3X ETF for FANG Bears Ian Young June 20, 2019 Although they have recovered some recently, FANG, the acronym for tech giants Facebook, … For investors wishing they could make a downside bet on the group of technology stocks without selling them all individually, there is an ETF for that: the MicroSectors FANG+ Index -3X Inverse Leveraged ETN (FNGD). In addition to FANG names, the top holdings in FNGD include an assortment of other acclaimed technology companies such as TWTR, TSLA, AAPL, BABA, and BIDU. A Leveraged 3X ETF for FANG Bears Frank Holman Jun 21, 2019 Although they have recovered some recently, FANG, the acronym for tech giants Facebook (FB), Amazon (AMZN), Netflix … See how FNGU (ARCX) has performed including trailing returns and dividend history. Below, we'll look at the best 3 FANG stocks ETFs as measured by 1-year trailing total returns. Past performance does not guarantee future results. Thank you for your submission, we hope you enjoy your experience. While most investors are aware of the variety of ETFs that allow entrance into FANG ownership, bearish views are FANG are more challenging to execute using ETFs. In depth view into FNGU (MicroSectors™ FANG+™ 3X Leveraged ETN) including performance, dividend history, holdings and portfolio stats. June 20, 2019, 11:46 AM. It’s also worth keeping in mind that the note tracks three times the inverse of the daily price movements of the index, so long-term returns could materially differ from those of the underlying index. Please help us personalize your experience. 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.