MicroSectors FANG+ Index -3X Inverse Leveraged ETN (FNGD)Trading--Inverse Equity | Exchange Traded Fund | NYSEArca
33.96 USD
+0.81
(2.443%)
⇧
(July 13, 2026, 4 p.m.
EDT)
After hours: 34.40 +0.44 (1.296%) ⇧ (July 13, 2026, 7:58 p.m. EDT) |
Hot Take ↕ | July 11, 2026, 3:01 a.m. EDT
This instrument is a leveraged inverse ETN designed to profit from a sharp decline in the FANG+ index, yet the underlying technology sector has rallied significantly over the past year. Consequently, the security itself has suffered a catastrophic multi-year collapse, dropping nearly 99.99% since inception. The recent price action shows a brief, weak rebound followed by a resumption of losses, confirming that the market is not pricing in a reversal of the tech rally. For a short-term trade, the momentum is decisively negative with no signs of stabilization, making it a poor candidate for a bounce play. From a long-term perspective, the asset is fundamentally broken; it is a derivative product tracking a bull market that has moved against it, resulting in total capital erosion. There is no business quality here, only the mechanical decay of leverage working against the trend. Finally, there are no dividends paid, offering zero income to offset the massive drawdown. |
| Model | MAE |
|---|---|
| AutoTheta ✓ | 0.120121 |
| MSTL | 0.188964 |
| AutoETS | 0.208216 |
| AutoARIMA | 0.208219 |
Forecast horizon: 45 days | Selected: AutoTheta
| Forecast Reliability | |
|---|---|
| Score | 39% |
| H-stat | 0.50 |
| Ljung-Box p | 0.000 |
| Jarque-Bera p | 0.284 |
| Excess Kurtosis | -0.25 |
| Attribute | Value |
|---|---|
| Trailing P/E | 26.86 |
| Attribute | Value |
|---|---|
| All Time High | 1,155,400.0 |
| All Time Low | 25.32 |
| Ask | 0.0 |
| Ask Size | 2,100 |
| Average Daily Volume10 Day | 452,400 |
| Average Daily Volume3 Month | 574,375 |
| Average Volume | 574,375 |
| Average Volume10Days | 452,400 |
| Beta3 Year | -3.65 |
| Bid | 0.0 |
| Bid Size | 600 |
| Category | Trading--Inverse Equity |
| Crypto Tradeable | 0 |
| Currency | USD |
| Custom Price Alert Confidence | HIGH |
| Day High | 34.2 |
| Day Low | 33.26 |
| 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 | 1.2645328 |
| Esg Populated | 0 |
| Exchange | PCX |
| Exchange Data Delayed By | 0 |
| Exchange Timezone Name | America/New_York |
| Exchange Timezone Short Name | EDT |
| Fifty Day Average | 36.7712 |
| Fifty Day Average Change | -2.8111992 |
| Fifty Day Average Change Percent | -0.076451115 |
| Fifty Two Week Change Percent | -49.848713 |
| Fifty Two Week High | 87.38 |
| Fifty Two Week High Change | -53.42 |
| Fifty Two Week High Change Percent | -0.6113527 |
| Fifty Two Week Low | 28.72 |
| Fifty Two Week Low Change | 5.24 |
| Fifty Two Week Low Change Percent | 0.18245125 |
| Fifty Two Week Range | 28.72 - 87.38 |
| Financial Currency | CAD |
| First Trade Date Milliseconds | 1,516,717,800,000 |
| Five Year Average Return | -0.6315691 |
| 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 State | PREPRE |
| Max Age | 86,400 |
| Message Board Id | finmb_557346799 |
| Nav Price | 33.43326 |
| Net Assets | 55,640,928.0 |
| Net Expense Ratio | 0.95 |
| Open | 33.78 |
| Post Market Change | 0.44000244 |
| Post Market Change Percent | 1.2956492 |
| Post Market Price | 34.4 |
| Post Market Time | 1,783,987,109 |
| Previous Close | 33.15 |
| Price Hint | 2 |
| Quote Source Name | Delayed Quote |
| Quote Type | ETF |
| Region | US |
| Regular Market Change | 0.809998 |
| Regular Market Change Percent | 2.44343 |
| Regular Market Day High | 34.2 |
| Regular Market Day Low | 33.26 |
| Regular Market Day Range | 33.26 - 34.2 |
| Regular Market Open | 33.78 |
| Regular Market Previous Close | 33.15 |
| Regular Market Price | 33.96 |
| Regular Market Time | 1,783,972,800 |
| Regular Market Volume | 692,631 |
| Shares Outstanding | 652,099,968 |
| Short Name | MicroSectors FANG Index -3X In |
| Source Interval | 15 |
| Symbol | FNGD |
| Three Year Average Return | -0.66632086 |
| Total Assets | 55,640,928 |
| Tradeable | 0 |
| Trailing Annual Dividend Rate | 0.0 |
| Trailing Annual Dividend Yield | 0.0 |
| Trailing P E | 26.855768 |
| Trailing Peg Ratio | None |
| Trailing Three Month Nav Returns | -49.84301 |
| Trailing Three Month Returns | -49.84301 |
| Triggerable | 1 |
| Two Hundred Day Average | 50.65525 |
| Two Hundred Day Average Change | -16.695251 |
| Two Hundred Day Average Change Percent | -0.3295858 |
| Type Disp | ETF |
| Volume | 692,631 |
| Yield | 0.0 |
| Ytd Return | -29.39897 |