FNGD
- MicroSectors FANG+™ Index -3X Inverse Leveraged ETNKey Information
Earliest date | 2018-01-23 |
Exchange | NYSE |
Instrument Type | ETF |
MIC Code | ARCX |
Country | United States |
ETF Information
Fund Provider | BMO Financial Group |
Index | NYSE FANG+ Index (-300%) |
Expense Ratio | 0.95% |
Number Of Holdings | 11 |
Inception Date | 2018-01-22 |
Asset Class | Equity |
Currency | USD |
Listing | US-listed |
Sector | Technology |
Non-leveraged | Leveraged |
About FNGD
The MicroSectors FANG+ Index -3X Inverse Leveraged ETN is an exchange-traded note that seeks to provide -3 times the daily performance of the NYSE FANG+ Index, which tracks the performance of highly traded technology and consumer discretionary stocks in the US. This inverse leveraged ETN is designed for investors who seek to profit from potential declines in the US big tech sector.