MicroSectors FANG+ Index 2X Leveraged ETNs (FNGO) Research
These financial instruments represent senior, unsecured, medium-term debt obligations issued by Bank of Montreal. Their returns are intricately tied to a daily-compounded, two-times leveraged exposure to the performance of an underlying index. This calculation, however, occurs after accounting for a daily investor fee, a daily financing charge, and a potential redemption fee, should one be incurred. The referenced index employs an equal-dollar weighting methodology and is specifically designed to reflect a concentrated segment of the technology and consumer discretionary sectors, comprising actively traded, high-growth equities from both traditional technology firms and businesses significantly enabled by technology.
Market snapshot
- Symbol
- FNGO
- Price
- $138.04
- Day change
- +6.31%
- Market cap
- $525.8M
- 52-week range
- 79.055-157.499
- Sector
- Financial Services
- Industry
- Asset Management - Leveraged
Peer companies
- iShares International Dividend Active ETF (BIDD)
- WisdomTree True Developed International Fund (DOL)
- Franklin International Aggregate Bond ETF (FLIA)
- MicroSectors FANG+ ETN (FNGS)
- MicroSectors Gold Miners 3X Leveraged ETN (GDXU)
- Strategy Shares Nasdaq 7HANDL Index ETF (HNDL)
- iShares U.S. Regional Banks ETF (IAT)
- Invesco RAFI Strategic US ETF (IUS)
Open MicroSectors FANG+ Index 2X Leveraged ETNs (FNGO) in Thesis for live fundamentals, charts, options context, and portfolio-aware Copilot follow-ups.