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MicroSectors FANG+ ETN (FNGS)

Technology | Exchange Traded Fund | NYSEArca
69.06 USD -0.17 (-0.246%) ⇩ (April 17, 2026, 4 p.m. EDT)
After hours: 69.25 +0.19 (0.275%) ⇧ (April 17, 2026, 7:52 p.m. EDT)

Short-term: ★★★★☆ | Long-term: ★★★☆☆ | Dividends: ☆☆☆☆☆
Hot Take | April 19, 2026, 1:03 a.m. EDT

A momentum-driven speculative squeeze is forming with high conviction for a rapid spike by mid-April; the distribution is overwhelmingly skewed for upside relief in the immediate term, but the lack of sustainable dividends and high valuation make this a trade, not a hold.

Model Selection — Backtest MAE (log-scale, lower is better)
ModelMAE
AutoETS ✓0.039439
MSTL0.040586
AutoTheta0.056846
AutoARIMA0.070533

Forecast horizon: 45 days | Selected: AutoETS

Forecast Reliability
Score 49%
H-stat 4.09
Ljung-Box p 0.000
Jarque-Bera p 0.799
Excess Kurtosis 0.27
Attribute Value
Trailing P/E 35.11

As of April 19, 2026, 1:03 a.m. EDT: Short-term positioning is highly aggressive bullish near the short-dated expiration (April 17). There is overwhelming volume (71 vs 2) and Open Interest for calls in the 63-65 strike range, with Zero Open Interest for out-of-money calls, indicating a 'bet on no downside' rather than a synthetic long strategy. In contrast, puts show heavy concentration in deep out-of-the-money strikes (52-59) with 99% of volume and OI located there. The IV surface supports this skew: ATM Call IV remains low (0.06) while deep OTM Put IV is suppressed relative to the upside name, reflecting a distribution heavily skewed towards rapid movement higher by the April expiry.


Info Dump

Attribute Value
All Time High 74.43
All Time Low 10.8625
Ask 71.25
Ask Size 300
Average Daily Volume10 Day 52,980
Average Daily Volume3 Month 56,760
Average Volume 56,760
Average Volume10Days 52,980
Beta3 Year 1.08
Bid 60.0
Bid Size 700
Category Technology
Crypto Tradeable 0
Currency USD
Custom Price Alert Confidence HIGH
Day High 69.53
Day Low 68.92
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 1.9669378
Esg Populated 0
Exchange PCX
Exchange Data Delayed By 0
Exchange Timezone Name America/New_York
Exchange Timezone Short Name EDT
Fifty Day Average 62.7811
Fifty Day Average Change 6.2788963
Fifty Day Average Change Percent 0.100012526
Fifty Two Week Change Percent 46.842445
Fifty Two Week High 74.43
Fifty Two Week High Change -5.3700027
Fifty Two Week High Change Percent -0.07214836
Fifty Two Week Low 46.251
Fifty Two Week Low Change 22.808998
Fifty Two Week Low Change Percent 0.49315688
Fifty Two Week Range 46.251 - 74.43
First Trade Date Milliseconds 1,573,655,400,000
Five Year Average Return 0.1754924
Full Exchange Name NYSEArca
Fund Family BMO Capital Markets
Fund Inception Date 1,573,516,800
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 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. The notes are unsecured and unsubordinated obligations of Bank of Montreal. Each note will have an initial principal amount of $50.
Long Name MicroSectors FANG+ ETN
Market us_market
Market State PREPRE
Max Age 86,400
Message Board Id finmb_644168140
Nav Price 69.04038
Net Assets 447,438,048.0
Net Expense Ratio 0.58
Open 69.54
Post Market Change 0.19000244
Post Market Change Percent 0.27512664
Post Market Price 69.25
Post Market Time 1,776,469,921
Previous Close 69.23
Price Hint 2
Quote Source Name Delayed Quote
Quote Type ETF
Region US
Regular Market Change -0.170006
Regular Market Change Percent -0.245567
Regular Market Day High 69.53
Regular Market Day Low 68.92
Regular Market Day Range 68.92 - 69.53
Regular Market Open 69.54
Regular Market Previous Close 69.23
Regular Market Price 69.06
Regular Market Time 1,776,456,000
Regular Market Volume 60,220
Short Name MicroSectors FANG ETNs due Jan
Source Interval 15
Symbol FNGS
Three Year Average Return 0.381875
Total Assets 447,438,048
Tradeable 0
Trailing Annual Dividend Rate 0.0
Trailing Annual Dividend Yield 0.0
Trailing P E 35.110413
Trailing Peg Ratio None
Trailing Three Month Nav Returns -12.43177
Trailing Three Month Returns -12.43177
Triggerable 1
Two Hundred Day Average 66.94022
Two Hundred Day Average Change 2.1197739
Two Hundred Day Average Change Percent 0.03166667
Type Disp ETF
Volume 60,220
Yield 0.0
Ytd Return -12.43177