The MicroSectors FANG+ Index 3X Leveraged ETN, trading under the ticker FNGU, is a dynamic investment vehicle designed to capture the explosive growth potential of the Big Tech sector. As a sector-focused exchange-traded note, FNGU offers investors a leveraged exposure to a curated basket of ten highly influential and innovative technology companies that are part of the FANG+ Index. This index is renowned for its inclusion of leading giants such as Facebook, Amazon, Netflix, and Google, alongside other major players that are shaping the digital landscape.
FNGU stands out in the crowded ETF marketplace by providing a 3X leveraged return on the daily performance of the FANG+ Index, making it an attractive option for investors with a high-risk tolerance who are seeking amplified gains from short-term market movements. This leveraged approach allows investors to harness the growth of the technology sector, which is at the forefront of global economic transformation, while also requiring careful consideration of the associated risks of amplified losses.
Positioned within the thematic investment category, FNGU specifically targets the Big Tech niche, appealing to investors who are passionate about the technological revolution and want to participate in the success of companies driving innovation and digitalization. Its unique structure and strategic focus make FNGU a compelling choice for those looking to engage deeply with the future of technology through a potent and high-octane investment strategy.
MicroSectors FANG+ Index 3X Leveraged ETN (FNGU) Fund Flow Chart
MicroSectors FANG+ Index 3X Leveraged ETN (FNGU) 1 year Net Flows: 0
FNGU ETF FAQ
What was FNGU’s price range in the past 12 months?
FNGU lowest ETF price was 252.33 and its highest was 697.87 in the past 12 months.
What is the AUM of FNGU?
As of Feb 17, 2025 The AUM of FNGU is 8.86B.
Is FNGU overvalued?
Not enough analysts have published a price target to calculate whether the price is overvalued.
Does FNGU pay dividends?
FNGU does not currently pay dividends.
How many shares outstanding does FNGU have?
FNGU has 13,000,000 shares outstanding.
Which hedge fund is a major shareholder of FNGU?
Currently, no hedge funds are holding shares in FNGU