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MicroSectors FANG+ Index -3X Inverse Leveraged ETN (FNGD)

Trading--Inverse Equity | Exchange Traded Fund | NYSEArca
47.21 USD -0.39 (-0.819%) ⇩ (April 17, 2026, 4 p.m. EDT)
After hours: 47.47 +0.26 (0.551%) ⇧ (April 17, 2026, 7:56 p.m. EDT)

Short-term: ★★★★☆ | Long-term: ☆☆☆☆☆ | Dividends: ☆☆☆☆☆
Hot Take | April 18, 2026, 11:50 p.m. EDT

Exceptional short-term momentum play due to the -3X inverse leverage on a market that has sharply corrected; the recent 41% price drop from 85.77 to 47.21 represents a massive positive gain for the fund. However, the long-term rating is effectively zero as the structure of a 3x ETF/ETN inherently decays significantly over bull markets due to daily compounding reversals (volatility decay), making it a strictly tactical instrument for recession hedges or deep corrections rather than a long-term hold.

Model Selection — Backtest MAE (log-scale, lower is better)
ModelMAE
AutoTheta ✓0.156942
MSTL0.189588
AutoETS0.197033
AutoARIMA0.198151

Forecast horizon: 45 days | Selected: AutoTheta

Forecast Reliability
Score 54%
H-stat 1.10
Ljung-Box p 0.000
Jarque-Bera p 0.003
Excess Kurtosis 1.52
Attribute Value
Market Cap 30,785,638,400
Trailing P/E 19.36

Info Dump

Attribute Value
All Time High 1,155,400.0
All Time Low 25.32
Ask 47.15
Ask Size 600
Average Daily Volume10 Day 369,090
Average Daily Volume3 Month 1,360,116
Average Volume 1,360,116
Average Volume10Days 369,090
Beta3 Year -3.32
Bid 47.1
Bid Size 100
Category Trading--Inverse Equity
Crypto Tradeable 0
Currency USD
Custom Price Alert Confidence HIGH
Day High 48.0625
Day Low 46.5701
Dividend Yield 0.0
Earnings Call Timestamp End 1,748,433,600
Earnings Call Timestamp Start 1,748,433,600
Earnings Timestamp End 1,756,470,600
Earnings Timestamp Start 1,756,125,000
Eps Trailing Twelve Months 2.4383194
Esg Populated 0
Exchange PCX
Exchange Data Delayed By 0
Exchange Timezone Name America/New_York
Exchange Timezone Short Name EDT
Fifty Day Average 65.3662
Fifty Day Average Change -18.156204
Fifty Day Average Change Percent -0.27776134
Fifty Two Week Change Percent -73.432755
Fifty Two Week High 184.4
Fifty Two Week High Change -137.19
Fifty Two Week High Change Percent -0.7439805
Fifty Two Week Low 41.4
Fifty Two Week Low Change 5.8099976
Fifty Two Week Low Change Percent 0.1403381
Fifty Two Week Range 41.4 - 184.4
Financial Currency CAD
First Trade Date Milliseconds 1,516,717,800,000
Five Year Average Return -0.61715406
Full Exchange Name NYSEArca
Fund Family BMO Capital Markets
Fund Inception Date 1,516,579,200
Gmt Off Set Milliseconds -14,400,000
Has Pre Post Market Data 1
Is Earnings Date Estimate 0
Language en-US
Legal Type Exchange Traded Fund
Long Business Summary 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.
Long Name MicroSectors FANG+ Index -3X Inverse Leveraged ETN
Market us_market
Market Cap 30,785,638,400
Market State CLOSED
Max Age 86,400
Message Board Id finmb_557346799
Nav Price 47.10147
Net Assets 110,933,544.0
Net Expense Ratio 0.95
Open 47.59
Post Market Change 0.26000214
Post Market Change Percent 0.5507353
Post Market Price 47.47
Post Market Time 1,776,470,219
Previous Close 47.6
Price Hint 2
Quote Source Name Nasdaq Real Time Price
Quote Type ETF
Region US
Regular Market Change -0.389999
Regular Market Change Percent -0.819326
Regular Market Day High 48.0625
Regular Market Day Low 46.5701
Regular Market Day Range 46.5701 - 48.0625
Regular Market Open 47.59
Regular Market Previous Close 47.6
Regular Market Price 47.21
Regular Market Time 1,776,456,000
Regular Market Volume 362,482
Shares Outstanding 652,099,968
Short Name MicroSectors FANG Index -3X In
Source Interval 15
Symbol FNGD
Three Year Average Return -0.7132369
Total Assets 110,933,544
Tradeable 0
Trailing Annual Dividend Rate 0.0
Trailing Annual Dividend Yield 0.0
Trailing P E 19.361696
Trailing Peg Ratio None
Trailing Three Month Nav Returns 40.76009
Trailing Three Month Returns 40.76009
Triggerable 1
Two Hundred Day Average 56.97655
Two Hundred Day Average Change -9.766552
Two Hundred Day Average Change Percent -0.17141354
Type Disp ETF
Volume 362,482
Yield 0.0
Ytd Return 40.76009