MicroSectors FANG+ Index -3X Inverse Leveraged ETN (FNGD) Research
The FNGD MicroSectors FANG+ Index -3X Inverse Leveraged ETN is designed as a highly specialized, short-term trading instrument. It is intended solely for sophisticated investors who wish to implement daily tactical strategies, such as hedging against market upturns or seeking to profit from downward movements, as a component within a broader, diversified portfolio. The ETN tracks an underlying index that applies an equal-dollar weighting to a select group of actively traded, growth-oriented companies from the technology and consumer discretionary sectors, encompassing both dedicated technology firms and businesses significantly enabled by technology.
Market snapshot
- Symbol
- FNGD
- Price
- $33.14
- Day change
- -8.65%
- Market cap
- $2.2B
- 52-week range
- 28.72-87.38
- Sector
- Financial Services
- Industry
- Asset Management - Leveraged
Recent news
- U.S. Natural Gas Futures Inch Down in Early Trading
U.S. natural gas futures were modestly lower as a cooler weather outlook for the second half of June crimped demand expectations.
Peer companies
- iShares Core 60/40 Balanced Allocation ETF (AOR)
- Capital Group Core Balanced ETF (CGBL)
- WisdomTree India Earnings Fund (EPI)
- iShares MSCI United Kingdom ETF (EWU)
- iShares Russell Top 200 Value ETF (IWX)
- iShares Dow Jones U.S. ETF (IYY)
- iShares U.S. Equity Factor ETF (LRGF)
- First Trust NASDAQ-100-Technology Sector Index Fund (QTEC)
Open MicroSectors FANG+ Index -3X Inverse Leveraged ETN (FNGD) in Thesis for live fundamentals, charts, options context, and portfolio-aware Copilot follow-ups.