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FNGO

$--
--%
1d
1w
1m

Analysis and statistics

  • Open
    110.5486$
  • Previous Close
    107.9728$
  • 52 Week Change
    --
  • Day Range
    2.58$
  • 52 Week High/Low
    --
  • Dividend Per Share
    --
  • Market cap
    --$
  • EPS
    --
  • Beta
    --
  • Volume
    --

About

FNGO.US refers to the MicroSectors™ FANG+™ Index 3X Leveraged ETN. This exchange-traded note (ETN) seeks to provide three times (3x) the daily investment return of the NYSE FANG+™ Index, before fees and expenses. The NYSE FANG+™ Index represents a concentrated portfolio of highly liquid growth stocks of technology and tech-enabled companies, including Facebook (Meta), Apple, Amazon, Netflix, Alphabet (Google), Tesla, Microsoft, Baidu, Alibaba, and Twitter (X). Due to its leveraged nature, FNGO.US is designed for short-term trading and is not suitable for long-term investment strategies, as its performance can deviate significantly from the underlying index over extended periods. Investors should carefully consider the risks associated with leveraged ETFs and ETNs before investing.
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Factors

Fund Performance: The performance of the underlying FANG+ stocks directly impacts the ETF's price.

Market Sentiment: Overall investor sentiment toward tech stocks influences FNGO's demand and price.

Index Weighting: Changes in the weighting methodology of the NYSE FANG+ Index affect the ETF's composition and price.

Expense Ratio: The ETF's operating costs can slightly reduce returns and potentially influence its price over time.

Supply and Demand: Increased demand for FNGO shares drives up the price, while increased supply puts downward pressure.

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