FNGU
MicroSectors FANG+ 3 Leveraged ETNs
$24.82
-0.63
(-2.48%)
AUM
$2.66B
Expense Ratio
2.60%
NAV
$32.12
Asset Class
Equity
Inception
02/23/2025
Provider
MicroSectors
Top Holdings
1
NVDA
NVIDIA Corporation
11.58%
2
AVGO
Broadcom Inc.
11.12%
3
MSFT
Microsoft Corporation
10.53%
4
META
Meta Platforms, Inc.
10.33%
5
GOOGL
Alphabet Inc.
10.32%
6
AAPL
Apple Inc.
9.94%
7
AMZN
Amazon.com, Inc.
9.60%
8
NFLX
Netflix, Inc.
9.12%
9
NOW
ServiceNow, Inc.
8.74%
10
CRWD
CrowdStrike Holdings, Inc.
8.72%
Fund Description
FNGU offers 3x exposure to an index of FANG companies (Facebook, Apple, Amazon, Netflix, and Google), and other similar companies. Presumably, the index will always include these five companies, an index committee is responsible for selecting the additional names. At least ten stocks must be included in the index, the number it held when the note launched so investors can expect a high level of concentration. All holdings are equally weighted. As a geared product with daily resets of exposure, FNGU is designed as a short-term trading tool and not a long-term investment vehicle. Long-term returns could materially differ from those of the underlying index due to daily compounding. Prior to June 24, 2025, the fund utilizes the ticker FNGB.