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MicroSectors FANG+ Index 2X Leveraged ETN (FNGO)

Trading--Leveraged Equity | Exchange Traded Fund | NYSEArca
153.83 USD +2.19 (1.443%) ⇧ (Aug. 28, 2026, 3:53 p.m. EDT)
After hours: 153.83 0.00 (0.000%) ⇩ (Aug. 28, 2026, 7:30 p.m. EDT)

Short-term:★★⯪☆☆Long-term:★★⯪☆☆Dividends:☆☆☆☆☆
Hot Take | Aug. 22, 2026, 3:56 a.m. EDT

This instrument is a leveraged product designed for aggressive, short-term trading, making it unsuitable for long-term holding. The price history reveals a massive cumulative gain of nearly 1,000% over seven years, driven by five years of double-digit annual growth, yet the recent 14-day price action shows significant volatility with a downward drift from mid-August highs, resulting in a flat-to-slightly-negative immediate trend. The statistical forecast offers only a weak lean upward with low confidence, failing to provide a clear edge for a momentum play. Crucially, there are no dividends paid, which eliminates any income component for a buy-and-hold strategy. While the underlying FANG+ index components may be strong, the compounding decay inherent in leveraged ETNs over time, combined with the lack of a reliable short-term directional signal and zero yield, renders this a neutral hold rather than a compelling entry.

Model Selection — Backtest MAE (log-scale, lower is better)
ModelMAE
AutoTheta ✓0.345380
AutoARIMA0.434546
AutoETS0.435759
MSTL0.436829

Forecast horizon: 45 days | Selected: AutoTheta

Forecast Reliability
Score 36%
H-stat 6.00
Ljung-Box p 0.000
Jarque-Bera p 0.239
Excess Kurtosis 0.18
Attribute Value
Trailing P/E 31.26

Info Dump

Attribute Value
All Time High 157.499
All Time Low 5.3874
Ask 171.24
Ask Size 800
Average Daily Volume10 Day 4,540
Average Daily Volume3 Month 5,727
Average Volume 5,727
Average Volume10Days 4,540
Beta3 Year 3.0
Bid 120.3
Bid Size 600
Category Trading--Leveraged Equity
Crypto Tradeable 0
Currency USD
Custom Price Alert Confidence HIGH
Day High 155.97
Day Low 153.32
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 4.9206066
Esg Populated 0
Exchange PCX
Exchange Data Delayed By 0
Exchange Timezone Name America/New_York
Exchange Timezone Short Name EDT
Fifty Day Average 136.51598
Fifty Day Average Change 17.316025
Fifty Day Average Change Percent 0.12684248
Fifty Two Week Change Percent 37.3587
Fifty Two Week High 157.499
Fifty Two Week High Change -3.6669922
Fifty Two Week High Change Percent -0.02328264
Fifty Two Week Low 79.055
Fifty Two Week Low Change 74.777
Fifty Two Week Low Change Percent 0.9458858
Fifty Two Week Range 79.055 - 157.499
First Trade Date Milliseconds 1,535,031,000,000
Five Year Average Return 0.2675018
Full Exchange Name NYSEArca
Fullday Change 2.18759
Fullday Change Percent 1.44258
Fullday Price 153.8317
Fund Family BMO Capital Markets
Fund Inception Date 1,533,081,600
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 senior unsecured medium-term notes issued by Bank of Montreal with a return linked to a 2X leveraged participation in the performance of the index, compounded daily, less a Daily Investor Fee, the Daily Financing Charge and, if applicable, the Redemption Fee Amount. 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 2X Leveraged ETN
Market us_market
Market State CLOSED
Max Age 86,400
Message Board Id finmb_576208315
Nav Price 146.96725
Net Assets 651,561,920.0
Net Expense Ratio 0.95
Open 151.26
Post Market Change -0.00030517578
Post Market Change Percent -0.0001983825
Post Market Price 153.8317
Post Market Time 1,787,959,806
Previous Close 151.644
Price Hint 2
Quote Source Name Nasdaq Real Time Price
Quote Type ETF
Region US
Regular Market Change 2.18759
Regular Market Change Percent 1.44258
Regular Market Day High 155.97
Regular Market Day Low 153.32
Regular Market Day Range 153.32 - 155.97
Regular Market Open 151.26
Regular Market Previous Close 151.644
Regular Market Price 153.832
Regular Market Time 1,787,946,792
Regular Market Volume 4,420
Short Name MicroSectors FANG Index 2X Lev
Source Interval 15
Symbol FNGO
Three Year Average Return 0.6097935
Total Assets 651,561,920
Tradeable 0
Trailing Annual Dividend Rate 0.0
Trailing Annual Dividend Yield 0.0
Trailing P E 31.262812
Trailing Peg Ratio None
Trailing Three Month Nav Returns 9.90202
Trailing Three Month Returns 9.90202
Triggerable 1
Two Hundred Day Average 120.582535
Two Hundred Day Average Change 33.249466
Two Hundred Day Average Change Percent 0.27574033
Type Disp ETF
Volume 4,420
Yield 0.0
Ytd Return 11.74735