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MicroSectors FANG+ 3 Leveraged ETNs (FNGU)

ETN overview

The MicroSectors FANG+ 3x Leveraged ETN, trading as FNGU, delivers three times (3x) magnified exposure to an index comprising leading technology and growth companies. This benchmark prominently features the core "FANG" stocks: Facebook, Apple, Amazon, Netflix, and Google. While these five are generally expected to be constant inclusions, an independent index committee selects additional, comparable firms to complete the portfolio. The index mandates a minimum of ten constituent stocks, which was its initial composition, resulting in a highly concentrated allocation where all underlying holdings are equally weighted. Given its leveraged structure and daily resetting of exposure, FNGU is specifically engineered as a short-term trading instrument rather than a suitable long-term investment vehicle. Investors should be aware that daily compounding effects can cause the ETN's long-term returns to diverge significantly from those of its underlying benchmark. Before June 24, 2025, this product is listed under the ticker FNGB.

CountryUnited States of America
ExchangeAMEX
Trades inUSD
Current price
32.35 USD+1.63%
Close 21 Oct 2026
Interval
Benchmarks

Fund facts

Leverage
3x daily
Expense ratio
0.95%
Fund assets
2.55B USD (all share classes)
Issuer
REX Microsectors
Inception date
Feb 24, 2025

Similar ETNs

Historical returns do not guarantee future returns. This is not investment advice.

MicroSectors FANG+ 3 Leveraged ETNs (FNGU)

FNGU · AMEX
32.35 USD+1.63%
Sign up to track this ETN
Benchmarks
Fund facts
Leverage
3x daily
Expense ratio
0.95%
Fund assets
2.55B USD (all share classes)
Issuer
REX Microsectors
Inception date
Feb 24, 2025
ETN overview

The MicroSectors FANG+ 3x Leveraged ETN, trading as FNGU, delivers three times (3x) magnified exposure to an index comprising leading technology and growth companies. This benchmark prominently features the core "FANG" stocks: Facebook, Apple, Amazon, Netflix, and Google. While these five are generally expected to be constant inclusions, an independent index committee selects additional, comparable firms to complete the portfolio. The index mandates a minimum of ten constituent stocks, which was its initial composition, resulting in a highly concentrated allocation where all underlying holdings are equally weighted. Given its leveraged structure and daily resetting of exposure, FNGU is specifically engineered as a short-term trading instrument rather than a suitable long-term investment vehicle. Investors should be aware that daily compounding effects can cause the ETN's long-term returns to diverge significantly from those of its underlying benchmark. Before June 24, 2025, this product is listed under the ticker FNGB.

CountryUnited States of America
Trades inUSD
Similar ETNs

Historical returns do not guarantee future returns. This is not investment advice.

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