Direxion Daily NYSE FANG+ Bull 2X Shares (FNGG) 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 FNGG. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to FNGG
FNGG charges 0.97% annually. There are 177 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% | 34.68M | Mar 2026 | FNGG vs NTSD | |
| ETRACS IFED Invest with the Fed TR Index ETN | 0.45% | 48.99M | Sep 2021 | FNGG vs IFED | |
| Direxion Daily S&P 500 Bull 2X ETF | 0.60% | 239.79M | May 2014 | FNGG vs SPUU | |
| Leverage Shares 2X Long TSM Daily ETF | 0.75% | 33.08M | Jan 2025 | FNGG vs TSMG | |
| Leverage Shares 2X Long NVDA Daily ETF | 0.75% | — | Dec 2024 | FNGG vs NVDG |
Best Risk-Adjusted Alternatives to FNGG
FNGG has a PortfoliosLab risk / return rank of 21. There are 107 ETFs in the Leveraged Equities category with higher risk-adjusted ranks, going as high as 98.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| GraniteShares 2x Long MU Daily ETF | 98 | 1.47B | Nov 2024 | FNGG vs MULL | |
| Innovator U.S. Equity Accelerated Plus ETF | 98 | 22.60M | Apr 2021 | FNGG vs XTAP | |
| GraniteShares 2x Long INTC Daily ETF | 98 | 785.62M | Feb 2025 | FNGG vs INTW | |
| Innovator Growth Accelerated Plus ETF - April | 97 | 19.18M | Apr 2021 | FNGG vs QTAP | |
| Direxion Daily Semiconductor Bull 3X ETF | 97 | 28.01B | Mar 2010 | FNGG vs SOXL |
Top Performing FNGG Alternatives (YTD)
FNGG is at 11.08% YTD. There are 134 ETFs in the Leveraged Equities category with higher YTD returns, going as high as 1,096.58%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| GraniteShares 2x Long MU Daily ETF | 1,096.58% | 1.47B | Nov 2024 | FNGG vs MULL | |
| GraniteShares 2x Long INTC Daily ETF | 871.59% | 785.62M | Feb 2025 | FNGG vs INTW | |
| Direxion Daily INTC Bull 2X Shares | 869.59% | 104.27M | Nov 2025 | FNGG vs LINT | |
| Leverage Shares 2X Long ARM Daily ETF | 837.72% | 229.25M | Jan 2025 | FNGG vs ARMG | |
| Leverage Shares 2X Long BE Daily ETF | 778.97% | 36.14M | Dec 2025 | FNGG vs BEG |
Lowest Volatility Alternatives to FNGG
FNGG has 43.47% 1-year volatility. There are 98 ETFs in the Leveraged Equities category with lower 1-year volatility, going as low as 4.79%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Innovator U.S. Equity Accelerated Plus ETF | 4.79% | 22.60M | Apr 2021 | FNGG vs XTAP | |
| Innovator Growth Accelerated Plus ETF - April | 6.01% | 19.18M | Apr 2021 | FNGG vs QTAP | |
| Innovator U.S. Equity Accelerated Plus ETF - July | 7.36% | 13.35M | Jul 2021 | FNGG vs XTJL | |
| Innovator Growth Accelerated Plus ETF - July | 9.90% | 22.17M | Jul 2021 | FNGG vs QTJL | |
| Innovator US Equity Accelerated ETF | 10.52% | 68.78M | Apr 2021 | FNGG vs XDSQ |
Lowest Drawdown Alternatives to FNGG
FNGG has a 1-year max drawdown of -43.01%. There are 121 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% | 22.60M | Apr 2021 | FNGG vs XTAP | |
| Innovator Growth Accelerated Plus ETF - April | -2.49% | 19.18M | Apr 2021 | FNGG vs QTAP | |
| Innovator U.S. Equity Accelerated Plus ETF - July | -5.12% | 13.35M | Jul 2021 | FNGG vs XTJL | |
| Innovator Growth Accelerated Plus ETF - July | -6.68% | 22.17M | Jul 2021 | FNGG vs QTJL | |
| Innovator US Equity Accelerated ETF | -9.60% | 68.78M | Apr 2021 | FNGG vs XDSQ |
Other ETFs from Direxion
The 10 most viewed Direxion ETFs shown here include SPXL, TECL, TMF and span 9 categories. AUM among these funds goes as high as $7B.
Often Compared With FNGG
Investors most often compare FNGG with FNGU, FNGO, TQQQ. These 20 comparison targets span 7 categories, based on PortfoliosLab usage data.
Compare FNGG with Any Fund or Stock
Compare FNGG with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair FNGG with funds that move differently
Direxion Daily NYSE FANG+ Bull 2X Shares alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to FNGG.
Explore FNGG Diversifiers