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FNGD
-2.88 · -4.79%
$57.29 · NYSE ARCA

MicroSectors FANG+ Index -3X Inverse Leveraged ETN (FNGD) ETF Analysis | Trading--Inverse Equity

BMO Capital Markets · USA
AUM:$108.8M
#– of – in Trading--Inverse Equity ETFs

Educational tool only – Figures are based on historical data, holdings and expense metrics for informational purposes. This is not financial advice or a recommendation to buy or sell any security. Always conduct your own research or consult a qualified financial adviser.

Market Performance

Up 480.2% over the past year, reflecting strong price momentum.

Cost Efficiency

Ongoing charge of 0.95% — above average for this category.

What is FNGD?

The notes are intended to be daily trading tools for sophisticated investors to manage daily trading risks as part of an overall diversified portfolio. The index is an equal-dollar weighted index designed to represent a segment of the technology and consumer discretionary sectors consisting of highly-traded growth stocks of technology and tech-enabled companies.

Performance Highlights

Returns (%)
Top Sectors (%)

Investment Breakdown

Strong Recent Performance
FNGD delivered 480.2% over the past year. Historical returns only — past performance is not indicative of future results.
Higher Cost Profile
Expense ratio of 0.95% is above average. Verify whether the strategy justifies the cost.
Concentrated Holdings
Top 10 holdings account for 100.0% of the ETF — significant weight in a small number of names.
ETF Information
AUM$108.8M
Expense Ratio0.95%
Dividend Yield0.00%
Holdings10
Inception DateJan 2018
Domicile–
Distribution–
Index–
ProviderBMO Capital Markets
Beta-3.15
CategoryTrading--Inverse Equity
CurrencyUSD
Portfolio Impact

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Example preview
6168
+7 points · better diversified

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Uses ISF.L (iShares FTSE 100 ETF)
Indicators

Performance Metrics

Historical returns

6M
-61.1%
1Y
-54.5%
3Y
-96.9%
5Y
-99.5%
OpenBook InsightIf you had invested £10,000 in FNGD 5 years ago, it would have fallen to £53 — a loss of £9,947.

Annual Returns

Calendar year performance

FNGD delivered positive returns in 1 of the last 5 calendar years.
YearFNGD
2026 YTD-52.6%
2025-61.1%
2024-78.2%
2023-90.6%
2022+62.9%
CAGR 4yr-66.2%
1/5 positive yearsAvg return: -43.9%Worst year: -90.6% (2023)

Technical Analysis Summary

Automated insights from historical price action and indicators

Technical Regime: NEGATIVE
Trend Strength
0%
Negative
Volatility
69.4%
Very High
Momentum
-24.9%
30-day change
Support Level
26.03
Key floor
Key Insights
  • Price is currently below all major moving averages, indicating a weaker trend profile.
  • Momentum is downward with a 24.9% move over 30 days.
  • Elevated volatility indicates higher short-term price variability and risk.
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Openbook Analytics Ltd (Company No. SC843579) is registered in Scotland. Registered office: Strathclyde Inspire Hub, University of Strathclyde, Graham Hills Building (Level 6), 50 Richmond Street, Glasgow, G1 1XP. Openbook Analytics is not authorised or regulated by the Financial Conduct Authority (FCA). The content on this platform is provided for general informational and educational purposes only and does not constitute financial advice, investment advice, trading advice, or any other form of advice. You should not treat any content on this platform as a recommendation to buy, sell, or hold any financial instrument. Past performance is not a reliable indicator of future results. The value of investments and the income from them can go down as well as up, and you may get back less than you invest. User-generated content, including community posts and commentary, reflects the personal opinions of individual users, is not verified for accuracy, and does not represent the views of Openbook Analytics Ltd. You should always conduct your own research or consult a qualified, FCA-regulated financial adviser before making investment decisions. Data displayed on this platform may be delayed or inaccurate and is provided "as is" without warranty. Openbook Analytics Ltd accepts no liability for any loss arising from reliance on the information provided.