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FNGG
-18.75 · -8.71%
$196.44 · NYSE ARCA

Direxion Daily Select Large Caps & FANGs Bull 2X Shares (FNGG) ETF Analysis | Trading--Leveraged Equity

Direxion Funds · USA
AUM:$102.9M
#– of – in Trading--Leveraged 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

FNGG returned +3.5% over the past year, broadly in line with flat market conditions.

Cost Efficiency

Ongoing charge of 0.98% — above average for this category.

What is FNGG?

The index is an equal-dollar weighted Index designed to track the performance of 10 highly-traded growth stocks of technology and tech-enabled companies. The fund invests at least 80% of its net assets in financial instruments, such as swap agreements, securities of the index, and exchange-traded funds (ETFs) that track the index, that, in combination, provide 2X daily leveraged exposure to the index, consistent with the fund's investment objective.

Performance Highlights

Returns (%)
Top Sectors (%)

Investment Breakdown

Modest 1-Year Return
FNGG returned 3.5% over the past year.
Higher Cost Profile
Expense ratio of 0.98% is above average. Verify whether the strategy justifies the cost.
Moderate Concentration
Top 10 holdings make up 44.1% of the ETF — a moderate level of name concentration.
ETF Information
AUM$102.9M
Expense Ratio0.98%
Dividend Yield12.76%
Holdings10
Inception DateSept 2021
Domicile–
Distribution–
Index–
ProviderDirexion Funds
Beta2.56
CategoryTrading--Leveraged Equity
CurrencyUSD
Portfolio Impact

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6168
+7 points · better diversified

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Uses ISF.L (iShares FTSE 100 ETF)
Indicators

Performance Metrics

Historical returns

6M
+59.1%
1Y
+31.3%
3Y
+302.7%
5Y
+25.5%
OpenBook InsightIf you had invested £10,000 in FNGG 5 years ago, it would have grown to £12,547 — a gain of £2,547.

Annual Returns

Calendar year performance

FNGG delivered positive returns in 4 of the last 5 calendar years.
YearFNGG
2026 YTD+35.4%
2025+25.9%
2024+109.4%
2023+214.6%
2022-87.4%
CAGR 4yr+1.1%
4/5 positive yearsAvg return: +59.6%Worst year: -87.4% (2022)

Technical Analysis Summary

Automated insights from historical price action and indicators

Technical Regime: POSITIVE
Trend Strength
100%
Positive
Volatility
46.3%
Very High
Momentum
+17.3%
30-day change
Support Level
240.97
Key floor
Key Insights
  • Price is currently trading above all key moving averages.
  • Momentum is upward with a 17.3% move over 30 days.
  • Elevated volatility indicates higher short-term price variability and risk.
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