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MicroSectors FANG+ Index -3X Inverse Leveraged ETN FNGD · AMEX

$28.22 +0.93% (+$0.26)

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 dominates

By sector

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 reinvests

The 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.

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