MicroSectors FANG+ Index 2X Leveraged ETN (FNGO) Alternatives
MicroSectors FANG+ Index 2X Leveraged ETN (FNGO) 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 FNGO. Use the tables to find lower-cost options, better risk-adjusted returns, or funds that fit a different role in your portfolio.
Cheapest Alternatives to FNGO
FNGO charges 0.95% annually. Among ETFs in the Leveraged Equities category, these options have the lowest expense ratios among FNGO alternatives.
| Symbol | Name | Expense Ratio | Inception | |
|---|---|---|---|---|
| ETRACS IFED Invest with the Fed TR Index ETN | 0.45% | Sep 14, 2021 | FNGO vs IFED | |
| Direxion Daily S&P 500 Bull 2x Shares | 0.64% | May 28, 2014 | FNGO vs SPUU | |
| Leverage Shares 2X Long NVDA Daily ETF | 0.75% | Dec 12, 2024 | FNGO vs NVDG | |
| Leverage Shares 2X Long AMD Daily ETF | 0.75% | Jan 24, 2025 | FNGO vs AMDG | |
| Leverage Shares 2X Long TSLA Daily ETF | 0.75% | Dec 12, 2024 | FNGO vs TSLG |
Best Risk-Adjusted Alternatives to FNGO
Among ETFs in the Leveraged Equities category, these options rank highest on PortfoliosLab's risk-adjusted score, which accounts for volatility, drawdown, and return consistency over a 1-year period.
| Symbol | Name | Risk / Return Rank | Inception | |
|---|---|---|---|---|
| Direxion Daily South Korea Bull 3X Shares | 98 | Apr 10, 2013 | FNGO vs KORU | |
| Direxion Daily MU Bull 2X Shares | 98 | Oct 9, 2024 | FNGO vs MUU | |
| GraniteShares 2x Long MU Daily ETF | 98 | Nov 11, 2024 | FNGO vs MULL | |
| Direxion Daily GOOGL Bull 2X Shares | 96 | Sep 6, 2022 | FNGO vs GGLL | |
| Direxion Daily TSM Bull 2X Shares | 96 | Oct 3, 2024 | FNGO vs TSMX |
Top Performing FNGO Alternatives (YTD)
FNGO alternatives from the Leveraged Equities category, sorted by year-to-date return.
| Symbol | Name | YTD Return | Inception | |
|---|---|---|---|---|
| MicroSectors U.S. Big Oil Index 3X Leveraged ETN | 168.34% | Apr 9, 2019 | FNGO vs NRGU | |
| MicroSectors Energy 3X Leveraged ETN | 141.86% | Feb 16, 2023 | FNGO vs WTIU | |
| Leverage Shares 2X Long TER Daily ETF | 102.79% | Nov 17, 2025 | FNGO vs TERG | |
| Direxion Daily S&P Oil & Gas Exploration & Product... | 102.61% | Apr 1, 2020 | FNGO vs GUSH | |
| ProShares Ultra Oil & Gas | 85.56% | Jan 30, 2007 | FNGO vs DIG |
Lowest Volatility Alternatives to FNGO
FNGO alternatives from the Leveraged Equities category, sorted by annualized volatility over the past year.
| Symbol | Name | Volatility 1Y | Inception | |
|---|---|---|---|---|
| Innovator U.S. Equity Accelerated Plus ETF | 14.33% | Apr 1, 2021 | FNGO vs XTAP | |
| Innovator Growth Accelerated Plus ETF - April | 16.31% | Apr 1, 2021 | FNGO vs QTAP | |
| Roundhill BRKB WeeklyPay ETF | 17.95% | Jun 17, 2025 | FNGO vs BRKW | |
| Innovator US Equity Accelerated ETF | 17.99% | Apr 1, 2021 | FNGO vs XDSQ | |
| Innovator U.S. Equity Accelerated Plus ETF - July | 18.18% | Jul 1, 2021 | FNGO vs XTJL |
Lowest Drawdown Alternatives to FNGO
FNGO alternatives from the Leveraged Equities category, sorted by maximum drawdown over the past year.
| Symbol | Name | Max Drawdown 1Y | Inception | |
|---|---|---|---|---|
| Innovator U.S. Equity Accelerated Plus ETF | -11.83% | Apr 1, 2021 | FNGO vs XTAP | |
| Innovator Growth Accelerated Plus ETF - April | -12.04% | Apr 1, 2021 | FNGO vs QTAP | |
| Innovator US Equity Accelerated ETF | -12.18% | Apr 1, 2021 | FNGO vs XDSQ | |
| Innovator Growth Accelerated ETF - Quarterly | -12.64% | Apr 1, 2021 | FNGO vs XDQQ | |
| Innovator U.S. Equity Accelerated Plus ETF - July | -13.81% | Jul 1, 2021 | FNGO vs XTJL |
Other ETFs from Bank of Montreal
Most popular Bank of Montreal ETFs on PortfoliosLab, across asset classes.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | Inception | |
|---|---|---|---|---|---|---|
| MicroSectors FANG+™ Index 3X Leveraged ETN | Leveraged Equities, Leveraged | 24 | -38.12% | Jan 22, 2018 | FNGO vs FNGU | |
| MicroSectors U.S. Big Banks Index 3X Leveraged ETN... | Leveraged Equities, Leveraged | 56 | -21.78% | Apr 2, 2019 | FNGO vs BNKU |
Often Compared With FNGO
What investors most often compare with FNGO, based on PortfoliosLab usage data.
Compare FNGO with Any Fund or Stock
Compare FNGO with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.