Direxion Daily NYSE FANG+ Bull 2X Shares (FNGG)Trading--Leveraged Equity | Exchange Traded Fund | NYSEArca
269.42 USD
+4.17
(1.571%)
⇧
(Aug. 28, 2026, 3:54 p.m.
EDT)
After hours: 273.80 +4.38 (1.627%) ⇧ (Aug. 28, 2026, 7:57 p.m. EDT) |
Hot Take ↕ | Aug. 22, 2026, 3:56 a.m. EDT
The short-term outlook is aggressively bullish, driven by a massive disconnect between speculative call buying and the absence of any meaningful hedging via puts. While the statistical forecast model offers a weak, low-confidence lean upward, the options flow tells a much stronger story of momentum building, with traders positioning for significant gains well above current prices. However, the long-term picture remains murky due to the nature of the asset itself; this is a leveraged ETF tracking a volatile index, not a compounder. The price history shows a spectacular three-year rally (+277%), but the underlying business quality of the FANG+ sector cannot sustain such exponential growth indefinitely without a structural shift. Consequently, while the immediate trend favors buyers, the long-term investment thesis is neutral at best, as the compounding mechanics of a leveraged product eventually erode value regardless of the index's performance. |
| Model | MAE |
|---|---|
| AutoTheta ✓ | 0.056590 |
| AutoETS | 0.061633 |
| AutoARIMA | 0.064484 |
| MSTL | 0.065119 |
Forecast horizon: 45 days | Selected: AutoTheta
| Forecast Reliability | |
|---|---|
| Score | 37% |
| H-stat | 6.28 |
| Ljung-Box p | 0.000 |
| Jarque-Bera p | 0.340 |
| Excess Kurtosis | -0.80 |
| Attribute | Value |
|---|---|
| Trailing P/E | 31.09 |
As of Aug. 22, 2026, 3:56 a.m. EDT: Speculators are overwhelmingly bullish, evidenced by massive open interest in out-of-the-money calls (especially the $300 strike) and virtually zero put volume or open interest across all expirations. Implied volatility is significantly higher for puts than calls, suggesting a 'crash' premium priced in despite the lack of actual hedging demand, while the call skew indicates aggressive directional bets on continued upside.
| Last Yield | 1yr Yield | 3yr Avg | 5yr Avg |
|---|---|---|---|
| 0.31% | 10.78% | 4.41% | — |
| Date | Dividend | Yield % |
|---|---|---|
| 2026-06-23 | 0.674 | 0.310193 |
| 2026-03-24 | 0.486 | 0.302955 |
| 2025-12-23 | 0.178 | 0.083651 |
| 2025-12-10 | 22.734 | 9.950192 |
| 2025-09-23 | 0.334 | 0.136394 |
| 2025-06-24 | 0.642 | 0.324973 |
| 2025-03-25 | 0.643 | 0.411560 |
| 2024-12-23 | 0.219 | 0.114324 |
| 2024-09-24 | 0.355 | 0.249261 |
| 2024-06-25 | 0.456 | 0.325264 |
| 2024-03-19 | 0.391 | 0.342712 |
| 2023-12-21 | 0.336 | 0.363063 |
| 2023-09-19 | 0.230 | 0.312738 |
| 2023-06-21 | 0.163 | 0.218183 |
| 2023-03-21 | 0.076 | 0.164147 |
| 2021-12-09 | 11.810 | 4.602494 |
| Attribute | Value |
|---|---|
| All Time High | 337.79 |
| All Time Low | 26.0 |
| Ask | 269.42 |
| Ask Size | 1,000 |
| Average Daily Volume10 Day | 7,060 |
| Average Daily Volume3 Month | 6,680 |
| Average Volume | 6,680 |
| Average Volume10Days | 7,060 |
| Beta3 Year | 3.01 |
| Bid | 267.5 |
| Bid Size | 1,100 |
| Category | Trading--Leveraged Equity |
| Crypto Tradeable | 0 |
| Currency | USD |
| Custom Price Alert Confidence | HIGH |
| Day High | 273.87 |
| Day Low | 264.9 |
| Dividend Yield | 0.67 |
| Eps Trailing Twelve Months | 8.66473 |
| Esg Populated | 0 |
| Exchange | PCX |
| Exchange Data Delayed By | 0 |
| Exchange Timezone Name | America/New_York |
| Exchange Timezone Short Name | EDT |
| Fifty Day Average | 238.8731 |
| Fifty Day Average Change | 30.5439 |
| Fifty Day Average Change Percent | 0.12786664 |
| Fifty Two Week Change Percent | 23.080135 |
| Fifty Two Week High | 276.0 |
| Fifty Two Week High Change | -6.583008 |
| Fifty Two Week High Change Percent | -0.023851478 |
| Fifty Two Week Low | 139.116 |
| Fifty Two Week Low Change | 130.301 |
| Fifty Two Week Low Change Percent | 0.9366356 |
| Fifty Two Week Range | 139.116 - 276.0 |
| First Trade Date Milliseconds | 1,633,008,600,000 |
| Full Exchange Name | NYSEArca |
| Fullday Change | 4.1669 |
| Fullday Change Percent | 1.57093 |
| Fullday Price | 273.8 |
| Fund Family | Direxion Funds |
| Fund Inception Date | 1,632,873,600 |
| Gmt Off Set Milliseconds | -14,400,000 |
| Has Pre Post Market Data | 1 |
| Language | en-US |
| Legal Type | Exchange Traded Fund |
| Long Business Summary | The index is an equal-dollar weighted Index designed to track the performance of 10 highly-traded growth stocks of technology and tech-enabled companies. The fund invests at least 80% of its net assets in financial instruments, such as swap agreements, securities of the index, and exchange-traded funds ("ETFs") that track the index, that, in combination, provide 2X daily leveraged exposure to the index, consistent with the fund's investment objective. It is non-diversified. |
| Long Name | Direxion Daily NYSE FANG+ Bull 2X Shares |
| Market | us_market |
| Market State | CLOSED |
| Max Age | 86,400 |
| Message Board Id | finmb_700683985 |
| Nav Price | 257.352 |
| Net Assets | 120,895,440.0 |
| Net Expense Ratio | 0.97 |
| Open | 264.9 |
| Phone | 866-476-7523 |
| Post Market Change | 4.383087 |
| Post Market Change Percent | 1.6268791 |
| Post Market Price | 273.8 |
| Post Market Time | 1,787,961,478 |
| Previous Close | 265.25 |
| Price Hint | 2 |
| Quote Source Name | Delayed Quote |
| Quote Type | ETF |
| Region | US |
| Regular Market Change | 4.1669 |
| Regular Market Change Percent | 1.57093 |
| Regular Market Day High | 273.87 |
| Regular Market Day Low | 264.9 |
| Regular Market Day Range | 264.9 - 273.87 |
| Regular Market Open | 264.9 |
| Regular Market Previous Close | 265.25 |
| Regular Market Price | 269.417 |
| Regular Market Time | 1,787,946,878 |
| Regular Market Volume | 4,537 |
| Short Name | Direxion Daily NYSE FANG+ Bull |
| Source Interval | 15 |
| Symbol | FNGG |
| Three Year Average Return | 0.6033379 |
| Total Assets | 120,895,440 |
| Tradeable | 0 |
| Trailing Annual Dividend Rate | 0.0 |
| Trailing Annual Dividend Yield | 0.0 |
| Trailing P E | 31.093523 |
| Trailing Peg Ratio | None |
| Trailing Three Month Nav Returns | 9.83865 |
| Trailing Three Month Returns | 9.83865 |
| Triggerable | 1 |
| Two Hundred Day Average | 214.2873 |
| Two Hundred Day Average Change | 55.1297 |
| Two Hundred Day Average Change Percent | 0.25727004 |
| Type Disp | ETF |
| Volume | 4,537 |
| Yield | 0.0067000003 |
| Ytd Return | 11.46611 |