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Dividend Vision

FNGS — MicroSectors FANG+ ETN

MicroSectors FANG+ ETN (FNGS)

FNGS pays a 0.00% distribution rate, on a 0.58% expense ratio. Total return is 549.0% over the past 6.8 years, 372.1 points ahead of SPY at 176.9%. Its deepest 1-year drawdown was 22.9%.

The MicroSectors FANG+ ETN tracks the performance of highly-traded technology and mega-cap growth stocks, offering leveraged or inverse exposure to this concentrated sector through an exchange-traded note structure. The fund carries a 0.58% expense ratio and currently distributes no yield, making it oriented toward capital appreciation rather than income generation. This product appeals primarily to tactical traders and growth-focused investors seeking amplified exposure to large-cap technology companies, rather than traditional dividend income seekers.

FNGS key facts

Issuer
REX Shares
Asset type
ETN
Asset class
Equity
Inception date
11/12/2019
Expense ratio
0.58%
Distribution rate
0.00%
Last close
$80.23
AUM
$545,369,314
Average volume
18101.0
Beta
1.36
P/E ratio
29.0565