MicroSectors FANG+ Index -3X Inverse Leveraged ETN (FNGD) Price, Holdings, & News

ETF Overview

The MicroSectors FANG+ Index -3X Inverse Leveraged ETN (FNGD) is an exchange-traded fund that is based on the NYSE FANG+ index. The fund tracks -3x the daily price movements of an index of technology and consumer discretionary companies. The note uses derivatives to achieve its -3x exposure. FNGD was launched on Jan 25, 2018 and is issued by REX Microsectors.

Key Stats

• Today's Range: $5.98 to $6.19
• 50-Day Range: $5.82 to $7.85
• 52-Week Range: $5.73 to $28.92
• Volume: 4.80 million shs
• Average Volume: 5.03 million shs
• Market Capitalization: $2.12 million
• Assets Under Management: $77.25 million
• Dividend Yield: 0.00%
• Net Expense Ratio: 0.95%
• Aggregate Rating: Moderate Buy

FNGD ETF - Frequently Asked Questions

How have FNGD shares performed this year?

MicroSectors FANG+ Index -3X Inverse Leveraged ETN's stock was trading at $13.66 at the start of the year. Since then, FNGD shares have decreased by 55.8% and is now trading at $6.0350.

When did MicroSectors FANG+ Index -3X Inverse Leveraged ETN's stock split?

MicroSectors FANG+ Index -3X Inverse Leveraged ETN shares reverse split before market open on Monday, March 25th 2024.The 1-10 reverse split was announced on Monday, March 25th 2024. The number of shares owned by shareholders was adjusted after the closing bell on Monday, March 25th 2024. An investor that had 100 shares of stock prior to the reverse split would have 10 shares after the split.

How do I buy shares of MicroSectors FANG+ Index -3X Inverse Leveraged ETN?

Shares of FNGD stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.

What other stocks do shareholders of MicroSectors FANG+ Index -3X Inverse Leveraged ETN own?

Based on aggregate information from My MarketBeat watchlists, some other companies that MicroSectors FANG+ Index -3X Inverse Leveraged ETN investors own include Meta Platforms (META), Tesla (TSLA), ProShares UltraPro Short QQQ (SQQQ), Advanced Micro Devices (AMD), JPMorgan Chase & Co. (JPM), Luminar Technologies (LAZR) and Micron Technology (MU).

Fund Details

• Issuer: Bank of Montreal
• Fund Name: MicroSectors FANG+ Index -3X Inverse Leveraged ETN
• Tax Classification: Exchange-Traded Note
• Stock Exchange: NYSEARCA
• Current Symbol: NYSEARCA:FNGD
• Inception Date: 1/22/2018
• Fund Manager: N/A
• Previous Symbol: NYSEARCA:FNGD
• Web: www.bmo.com
• Phone: 14168677191

Fund Focus

• Asset Class: Equity
• Benchmark: NYSE FANG+ Index
• Category: Strategy
• Focus: Theme
• Development Level: Developed Markets
• Region: North America
• Number of Holdings: 0

Fund Statistics

• Assets Under Management: $77.25 million
• Average Daily Volume: $5.79 million
• Discount/Premium: -0.01%
• Leveraged: -3.00

Administrator, Advisor and Custodian

• Administrator: N/A
• Advisor: N/A
• Custodian: N/A
• Distributor: N/A
• Transfer Agent: N/A
• Trustee: N/A
• Lead Market Maker: Flow Traders

Miscellaneous

• Outstanding Shares: 350,000
• Beta: -3.03
• Creation Unit: 25,000