Microsectors Fang Index Etf Profile

FNGD Etf  USD 16.18  0.18  1.10%   

Performance

OK

 
Weak
 
Strong

Odds Of Distress

Low

 
High
 
Low
MicroSectors FANG is trading at 16.18 as of the 21st of March 2025, a 1.1% down since the beginning of the trading day. The etf's lowest day price was 16.11. MicroSectors FANG has less than a 9 % chance of experiencing financial distress in the next few years but had a somewhat ok performance during the last 90 days. The performance scores are derived for the period starting the 21st of December 2024 and ending today, the 21st of March 2025. Click here to learn more.
The notes are intended to be daily trading tools for sophisticated investors to manage daily trading risks as part of an overall diversified portfolio. Microsectors Fang is traded on NYSEARCA Exchange in the United States. The company has 652.1 M outstanding shares. More on MicroSectors FANG Index

Moving together with MicroSectors Etf

  0.88SH ProShares Short SP500PairCorr
  0.87PSQ ProShares Short QQQPairCorr
  0.78SPXU ProShares UltraPro ShortPairCorr
  0.88SDS ProShares UltraShortPairCorr
  0.79SPXS Direxion Daily SPPairCorr
  0.88QID ProShares UltraShort QQQPairCorr

Moving against MicroSectors Etf

  0.97QTOC Innovator ETFs TrustPairCorr
  0.96UPRO ProShares UltraPro SP500PairCorr
  0.94QTJA Innovator ETFs TrustPairCorr
  0.94XTOC Innovator ETFs TrustPairCorr
  0.91XTJA Innovator ETFs TrustPairCorr
  0.77QTAP Innovator Growth 100 Low VolatilityPairCorr

MicroSectors Etf Highlights

Thematic Ideas
(View all Themes)
Business ConcentrationTheme ETFs, Strategy ETFs, Trading--Inverse Equity, BMO Capital Markets (View all Sectors)
IssuerBank of Montreal
Inception Date2018-01-22
BenchmarkNYSE FANG+ Index
Entity TypeExchange-Traded Note
Average Trading Valume5.77 Million
Asset TypeEquity
CategoryStrategy
FocusTheme
Market ConcentrationDeveloped Markets
RegionNorth America
Fiscal Year End31-Oct
ExchangeNYSE Arca, Inc.
Market MakerFlow Traders
Country NameUSA
Returns Y T D19.77
NameMicroSectors FANG Index -3X Inverse Leveraged ETN
Currency CodeUSD
Open FigiBBG00JSLPJL9
In Threey Volatility78.59
1y Volatility39.17
200 Day M A19.3581
50 Day M A13.5552
CodeFNGD
Updated At21st of March 2025
Currency NameUS Dollar
In Threey Sharp Ratio(1.15)
TypeETF
MicroSectors FANG Index [FNGD] is traded in USA and was established 2018-01-22. The fund is listed under Trading--Inverse Equity category and is part of BMO Capital Markets family. The entity is thematically classified as Theme ETFs. MicroSectors FANG Index currently have 183.6 M in assets under management (AUM). , while the total return for the last 3 years was -66.7%. MicroSectors FANG Index currently holds about 189.5 B in cash with (9.31 B) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 295.8, which can makes it an attractive takeover target, given it will continue generating positive cash flow.
Check MicroSectors FANG Probability Of Bankruptcy

Sector Allocation

Investors will always prefer to have their portfolios divercified against different sectors. The broad sector allocation increases the possibility of making a profit or at least avoiding a loss. However, this may also reduce the expected return on MicroSectors Etf. Generally, it depends on diversification level and type but usually, the broader the sector allocation, the less risk can be expected from holding MicroSectors Etf, and the less return is expected.
Institutional investors that are interested in enforcing a sector tilt in their portfolio can use exchange-traded funds, such as MicroSectors FANG Index Etf, as a low-cost alternative to building a custom portfolio. So, using sector ETFs to diversify your portfolio can be a profitable strategy. However, no matter what sectors are desirable at a given time, no single industry should ever make up more than 20 percent of your stock portfolio.

Top MicroSectors FANG Index Etf Constituents

AAPLApple IncStockInformation Technology
AMZNAmazon IncStockConsumer Discretionary
BABAAlibaba Group HoldingStockConsumer Discretionary
BIDUBaidu IncStockCommunication Services
GOOGLAlphabet Inc Class AStockCommunication Services
NFLXNetflixEtfCommunication Services
NVDANVIDIAStockInformation Technology
TSLATesla IncStockConsumer Discretionary
More Details

MicroSectors FANG Index Risk Profiles

The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in MicroSectors FANG. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures.

MicroSectors FANG Against Markets

Other Information on Investing in MicroSectors Etf

MicroSectors FANG financial ratios help investors to determine whether MicroSectors Etf is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in MicroSectors with respect to the benefits of owning MicroSectors FANG security.