Summary
MicroSectors FANG+ Index -3X Inverse Leveraged ETN is an ETF - a fund traded on an exchange like a stock - run by REX Microsectors.
- Yearly costs
- 0.95%
- Fund size
- $49.2M
- Dividends
- Reinvested
- Running since
- 2018
What speaks for it
- Easy to buy and sell: about $12.0M changes hands a day.
What to watch
- 61% of the fund is in one sector (Technology).
- Costs of 0.95% a year are above the middle of comparable funds (0.44%).
- In the last five years its price once dropped by 100% from its high.
- A small fund with $49.2M under management; small funds get closed more often.
A fund has no Bulios Score and no Fair Price of its own - both are computed from the results of a single company. This page shows what is inside the fund and what it costs instead.
Price
Performance
- 1 month
- +18%
- 3 months
- -25%
- This year
- -47%
- 1 year
- -40%
- 3 years
- -97%
- 5 years
- -99%
Where is it spread?
One sector dominatesBy sector
- Technology 61%
- Communication services 29%
- Consumer cyclical 9.7%
Largest sector: Technology (61%).
What does it cost me?
Expensive- A year from $10,000
- $95.00
- Over 20 years
- $4,410
From every $10,000 invested the fund takes $95.00 a year. You do not pay it separately - it is taken out of the fund's value. Over 20 years at 5% yearly growth that adds up to about $4,410.
How has it done?
Losing value- A year on average, 5 years
- -63%
- Deepest drop
- -100%
- Yearly volatility
- 69%
Average yearly decline over the last five years: 63%. Deepest drop in these years: 100% below the earlier high.
Does it pay dividends?
No, it reinvestsThe fund pays nothing out. What its holdings earn stays inside and shows in the price.
Is it easy to buy and sell?
Very easy- Traded a day
- $12.0M
- Shares a day
- 427K
On an average day about $12.0M of the fund changes hands.