MicroSectors FANG+™ Index -3X Inverse Leveraged ETN (FNGD)
FNGD is a passive ETF by BMO Financial Group tracking the investment results of the NYSE FANG+ Index (-300%). FNGD launched on Jan 22, 2018 and has a 0.95% expense ratio.
ETF Info
| ISIN | US0636798649 |
|---|---|
| CUSIP | 063679666 |
| Issuer | BMO Financial Group |
| Inception Date | Jan 22, 2018 |
| Region | North America (U.S.) |
| Category | Leveraged Equities, Leveraged |
| Leveraged | 3x |
| Index Tracked | NYSE FANG+ Index (-300%) |
| Asset Class | Equity |
Asset Class Size | Multi-Cap |
Expense Ratio
FNGD has a high expense ratio of 0.95%, indicating higher-than-average management fees.
Share Price Chart
Loading data...
Compare to other instruments
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Popular comparisons: FNGD vs. FNGU, FNGD vs. SOXS, FNGD vs. BERZ, FNGD vs. SQQQ, FNGD vs. LABD, FNGD vs. AAPL, FNGD vs. SPY, FNGD vs. BOIL, FNGD vs. KOLD, FNGD vs. GLL
Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in MicroSectors FANG+™ Index -3X Inverse Leveraged ETN, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.
Returns By Period
MicroSectors FANG+™ Index -3X Inverse Leveraged ETN had a return of -72.23% year-to-date (YTD) and -78.61% in the last 12 months.
| Period | Return | Benchmark |
|---|---|---|
| Year-To-Date | -72.23% | 25.45% |
| 1 month | -17.14% | 2.91% |
| 6 months | -50.72% | 14.05% |
| 1 year | -78.61% | 35.64% |
| 5 years (annualized) | -77.95% | 14.13% |
| 10 years (annualized) | N/A | 11.39% |
Monthly Returns
The table below presents the monthly returns of FNGD, with color gradation from worst to best to easily spot seasonal factors. Returns are adjusted for dividends.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | -10.12% | -27.10% | -3.87% | 6.48% | -16.55% | -24.46% | 0.45% | -1.94% | -10.30% | -6.66% | -72.23% | ||
| 2023 | -43.50% | -16.62% | -33.39% | 1.99% | -39.38% | -21.97% | -12.40% | 5.74% | 19.42% | 2.22% | -31.92% | -15.38% | -90.14% |
| 2022 | 19.21% | 17.60% | -26.32% | 68.77% | -10.90% | 8.09% | -30.33% | 6.87% | 32.79% | 13.88% | -36.67% | 27.14% | 52.21% |
| 2021 | -9.47% | -18.41% | 3.06% | -15.14% | 4.14% | -25.38% | 4.92% | -10.94% | 13.60% | -27.41% | 0.00% | 3.30% | -60.04% |
| 2020 | -22.99% | -5.99% | -2.33% | -47.27% | -21.12% | -24.62% | -36.82% | -46.71% | 6.91% | -1.13% | -23.39% | -27.25% | -95.60% |
| 2019 | -35.72% | -3.06% | -11.56% | -13.39% | 55.46% | -23.08% | -11.53% | 5.23% | -2.20% | -16.79% | -19.65% | -20.73% | -72.46% |
| 2018 | -7.97% | -10.56% | 16.90% | -14.40% | -21.23% | -15.99% | 11.83% | -16.93% | 12.57% | 12.22% | 7.74% | 25.16% | -13.73% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current rank of FNGD is 1, indicating that it is in the bottom 1% of ETFs on our website in terms of risk-adjusted performance. This ranking is based on the combined values of the indicators listed below.
Risk-Adjusted Performance Indicators
The charts below present risk-adjusted performance metrics for MicroSectors FANG+™ Index -3X Inverse Leveraged ETN (FNGD) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
Dividends
Dividend History
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.
Worst Drawdowns
The table below displays the maximum drawdowns of the MicroSectors FANG+™ Index -3X Inverse Leveraged ETN. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.
The maximum drawdown for the MicroSectors FANG+™ Index -3X Inverse Leveraged ETN was 99.98%, occurring on Nov 12, 2024. The portfolio has not yet recovered.
The current MicroSectors FANG+™ Index -3X Inverse Leveraged ETN drawdown is 99.98%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -99.98% | Feb 9, 2018 | 1701 | Nov 12, 2024 | — | — | — |
| -10.11% | Jan 25, 2018 | 3 | Jan 29, 2018 | 5 | Feb 5, 2018 | 8 |
| -8.18% | Feb 6, 2018 | 1 | Feb 6, 2018 | 2 | Feb 8, 2018 | 3 |
Volatility
Volatility Chart
The current MicroSectors FANG+™ Index -3X Inverse Leveraged ETN volatility is 18.38%, representing the average percentage change in the investments's value, either up or down over the past month. The chart below shows the rolling one-month volatility.