Microsectors Fang Index Etf Profile

FNGU Etf  USD 535.58  24.22  4.33%   

Performance

Insignificant

 
Weak
 
Strong

Odds Of Distress

Low

 
High
 
Low
MicroSectors FANG is selling for under 535.58 as of the 25th of February 2025; that is 4.33% down since the beginning of the trading day. The etf's last reported lowest price was 510.94. MicroSectors FANG has less than a 10 % chance of experiencing some financial distress in the next two years of operation, but did not have a good performance during the last 90 trading days. The performance scores are derived for the period starting the 27th of November 2024 and ending today, the 25th of February 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. More on MicroSectors FANG Index

Moving together with MicroSectors Etf

  0.81QLD ProShares Ultra QQQPairCorr

Moving against MicroSectors Etf

  0.33GUSH Direxion Daily SPPairCorr

MicroSectors Etf Highlights

Thematic Ideas
(View all Themes)
Business ConcentrationStrategy ETFs, Theme ETFs, Trading--Leveraged Equity, BMO Capital Markets (View all Sectors)
IssuerBank of Montreal
Inception Date2018-01-22
BenchmarkNYSE FANG+ Index
Entity TypeExchange-Traded Note
Asset Under Management8.44 Billion
Average Trading Valume626,843
Asset TypeEquity
CategoryStrategy
FocusTheme
Market ConcentrationDeveloped Markets
RegionNorth America
Fiscal Year End31-Oct
ExchangeNYSE Arca, Inc.
Market MakerFlow Traders
Country NameUSA
Returns Y T D1.41
NameMicroSectors FANG Index 3X Leveraged ETN
Currency CodeUSD
Open FigiBBG00JSLPH24
In Threey Volatility86.49
1y Volatility47.05
200 Day M A474.1
50 Day M A627.12
CodeFNGU
Updated At24th of February 2025
Currency NameUS Dollar
In Threey Sharp Ratio0.67
TypeETF
MicroSectors FANG Index [FNGU] is traded in USA and was established 2018-01-22. The fund is listed under Trading--Leveraged Equity category and is part of BMO Capital Markets family. The entity is thematically classified as Strategy ETFs. MicroSectors FANG Index currently have 530.56 M in assets under management (AUM). , while the total return for the last 3 years was 39.0%.
Check MicroSectors FANG Probability Of Bankruptcy

Top MicroSectors FANG Index Etf Constituents

AAPLApple IncStockInformation Technology
AMZNAmazon IncStockConsumer Discretionary
BABAAlibaba Group HoldingStockConsumer Discretionary
BIDUBaidu IncStockCommunication Services
GOOGLAlphabet Inc Class AStockCommunication Services
NFLXNetflixStockCommunication Services
NVDANVIDIAStockInformation Technology
TSLATesla IncStockConsumer Discretionary
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MicroSectors FANG Top Holders

RHTXStarboard Investment TrustEtfTactical Allocation
RHRXStarboard Investment TrustEtfTactical Allocation
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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

When determining whether MicroSectors FANG Index is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if MicroSectors Etf is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Microsectors Fang Index Etf. Highlighted below are key reports to facilitate an investment decision about Microsectors Fang Index Etf:
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in MicroSectors FANG Index. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in price.
You can also try the Portfolio Optimization module to compute new portfolio that will generate highest expected return given your specified tolerance for risk.
The market value of MicroSectors FANG Index is measured differently than its book value, which is the value of MicroSectors that is recorded on the company's balance sheet. Investors also form their own opinion of MicroSectors FANG's value that differs from its market value or its book value, called intrinsic value, which is MicroSectors FANG's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because MicroSectors FANG's market value can be influenced by many factors that don't directly affect MicroSectors FANG's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between MicroSectors FANG's value and its price as these two are different measures arrived at by different means. Investors typically determine if MicroSectors FANG is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, MicroSectors FANG's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.