MicroSectors FANG+™ Index -3X Inverse Leveraged ETN (FNGD) belongs to the Leveraged Equities category. Below you'll find alternative ETFs from the same category, ranked by key criteria, plus funds that investors commonly compare with FNGD. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to FNGD
FNGD charges 0.95% annually. There are 97 ETFs in the Leveraged Equities category with lower expense ratios, going as low as 0.35%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| WisdomTree Efficient U.S. Plus International Equit... | 0.35% | 43.18M | Mar 2026 | FNGD vs NTSD | |
| ETRACS IFED Invest with the Fed TR Index ETN | 0.45% | 48.07M | Sep 2021 | FNGD vs IFED | |
| Corgi BRKB 2x Daily ETF | 0.45% | — | Jul 2026 | FNGD vs BRKL | |
| Direxion Daily S&P 500 Bull 2X ETF | 0.60% | 260.25M | May 2014 | FNGD vs SPUU | |
| Leverage Shares 2X Long TER Daily ETF | 0.75% | 7.94M | Nov 2025 | FNGD vs TERG |
Best Risk-Adjusted Alternatives to FNGD
FNGD has a PortfoliosLab risk / return rank of 4. There are 215 ETFs in the Leveraged Equities category with higher risk-adjusted ranks, going as high as 98.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| Direxion Daily MU Bull 2X Shares | 98 | 3.86B | Oct 2024 | FNGD vs MUU | |
| GraniteShares 2x Long MU Daily ETF | 98 | 531.06M | Nov 2024 | FNGD vs MULL | |
| Innovator U.S. Equity Accelerated Plus ETF | 98 | 22.69M | Apr 2021 | FNGD vs XTAP | |
| GraniteShares 2x Long INTC Daily ETF | 97 | 282.58M | Feb 2025 | FNGD vs INTW | |
| Innovator Growth Accelerated Plus ETF - April | 97 | 20.37M | Apr 2021 | FNGD vs QTAP |
Top Performing FNGD Alternatives (YTD)
FNGD is at -34.80% YTD. There are 249 ETFs in the Leveraged Equities category with higher YTD returns, going as high as 615.57%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| GraniteShares 2x Long DELL Daily ETF | 615.57% | 101.24M | Feb 2025 | FNGD vs DLLL | |
| Direxion Daily MU Bull 2X Shares | 372.51% | 3.86B | Oct 2024 | FNGD vs MUU | |
| GraniteShares 2x Long MU Daily ETF | 359.36% | 531.06M | Nov 2024 | FNGD vs MULL | |
| Direxion Daily INTC Bull 2X Shares | 259.95% | 63.06M | Nov 2025 | FNGD vs LINT | |
| GraniteShares 2x Long INTC Daily ETF | 259.86% | 282.58M | Feb 2025 | FNGD vs INTW |
Lowest Volatility Alternatives to FNGD
FNGD has 66.81% 1-year volatility. There are 174 ETFs in the Leveraged Equities category with lower 1-year volatility, going as low as 4.93%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Innovator U.S. Equity Accelerated Plus ETF | 4.93% | 22.69M | Apr 2021 | FNGD vs XTAP | |
| Innovator Growth Accelerated Plus ETF - April | 6.61% | 20.37M | Apr 2021 | FNGD vs QTAP | |
| Innovator U.S. Equity Accelerated Plus ETF - July | 7.79% | 13.42M | Jul 2021 | FNGD vs XTJL | |
| Innovator US Equity Accelerated ETF | 10.98% | 69.34M | Apr 2021 | FNGD vs XDSQ | |
| Innovator Growth Accelerated Plus ETF - July | 11.72% | 19.11M | Jul 2021 | FNGD vs QTJL |
Lowest Drawdown Alternatives to FNGD
FNGD has a 1-year max drawdown of -65.92%. There are 190 ETFs in the Leveraged Equities category with shallower 1-year drawdowns, going as shallow as -1.72%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Innovator U.S. Equity Accelerated Plus ETF | -1.72% | 22.69M | Apr 2021 | FNGD vs XTAP | |
| Innovator Growth Accelerated Plus ETF - April | -2.81% | 20.37M | Apr 2021 | FNGD vs QTAP | |
| Innovator U.S. Equity Accelerated Plus ETF - July | -5.12% | 13.42M | Jul 2021 | FNGD vs XTJL | |
| Innovator Growth Accelerated Plus ETF - July | -8.48% | 19.11M | Jul 2021 | FNGD vs QTJL | |
| Innovator US Equity Accelerated ETF | -9.60% | 69.34M | Apr 2021 | FNGD vs XDSQ |
Other ETFs from BMO
The 10 most viewed BMO ETFs shown here include FNGU, FNGS, FNGO and span 9 categories. AUM among these funds goes as high as $5B.
Often Compared With FNGD
Investors most often compare FNGD with SPY, SOXS, BERZ. These 20 comparison targets span 13 categories, based on PortfoliosLab usage data.
Compare FNGD with Any Fund or Stock
Compare FNGD with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair FNGD with funds that move differently
MicroSectors FANG+™ Index -3X Inverse Leveraged ETN alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to FNGD.
Explore FNGD Diversifiers