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 a closer substitute for your current allocation.
Cheapest Alternatives to FNGO
FNGO charges 0.95% annually. There are 91 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% | 28.74M | Mar 2026 | FNGO vs NTSD | |
| ETRACS IFED Invest with the Fed TR Index ETN | 0.45% | 48.98M | Sep 2021 | FNGO vs IFED | |
| Direxion Daily S&P 500 Bull 2x Shares | 0.64% | 241.41M | May 2014 | FNGO vs SPUU | |
| Leverage Shares 2X Long ARM Daily ETF | 0.75% | 75.08M | Jan 2025 | FNGO vs ARMG | |
| Leverage Shares 2X Long TSM Daily ETF | 0.75% | 23.74M | Jan 2025 | FNGO vs TSMG |
Best Risk-Adjusted Alternatives to FNGO
FNGO has a PortfoliosLab risk / return rank of 37. There are 89 ETFs in the Leveraged Equities category with higher risk-adjusted ranks, going as high as 99.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| Direxion Daily MU Bull 2X Shares | 99 | 3.44B | Oct 2024 | FNGO vs MUU | |
| GraniteShares 2x Long MU Daily ETF | 99 | 1.11B | Nov 2024 | FNGO vs MULL | |
| Innovator Growth Accelerated Plus ETF - April | 98 | 19.26M | Apr 2021 | FNGO vs QTAP | |
| Innovator U.S. Equity Accelerated Plus ETF | 98 | 22.62M | Apr 2021 | FNGO vs XTAP | |
| Direxion Daily South Korea Bull 3X Shares | 98 | 1.73B | Apr 2013 | FNGO vs KORU |
Top Performing FNGO Alternatives (YTD)
FNGO is at 32.76% YTD. There are 97 ETFs in the Leveraged Equities category with higher YTD returns, going as high as 929.51%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| Direxion Daily MU Bull 2X Shares | 929.51% | 3.44B | Oct 2024 | FNGO vs MUU | |
| GraniteShares 2x Long MU Daily ETF | 907.48% | 1.11B | Nov 2024 | FNGO vs MULL | |
| Leverage Shares 2X Long ARM Daily ETF | 888.42% | 75.08M | Jan 2025 | FNGO vs ARMG | |
| GraniteShares 2x Long DELL Daily ETF | 816.87% | 101.08M | Feb 2025 | FNGO vs DLLL | |
| GraniteShares 2x Long MRVL Daily ETF | 779.83% | 568.50M | Mar 2025 | FNGO vs MVLL |
Lowest Volatility Alternatives to FNGO
FNGO has 39.52% 1-year volatility. There are 83 ETFs in the Leveraged Equities category with lower 1-year volatility, going as low as 4.69%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Innovator U.S. Equity Accelerated Plus ETF | 4.69% | 22.62M | Apr 2021 | FNGO vs XTAP | |
| Innovator Growth Accelerated Plus ETF - April | 5.57% | 19.26M | Apr 2021 | FNGO vs QTAP | |
| Innovator U.S. Equity Accelerated Plus ETF - July | 7.43% | 13.32M | Jul 2021 | FNGO vs XTJL | |
| Innovator Growth Accelerated Plus ETF - July | 10.02% | 22.12M | Jul 2021 | FNGO vs QTJL | |
| Innovator US Equity Accelerated ETF | 10.56% | 68.42M | Apr 2021 | FNGO vs XDSQ |
Lowest Drawdown Alternatives to FNGO
FNGO has a 1-year max drawdown of -42.73%. There are 113 ETFs in the Leveraged Equities category with shallower 1-year drawdowns, going as shallow as -1.42%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Innovator U.S. Equity Accelerated Plus ETF | -1.42% | 22.62M | Apr 2021 | FNGO vs XTAP | |
| Innovator Growth Accelerated Plus ETF - April | -1.69% | 19.26M | Apr 2021 | FNGO vs QTAP | |
| Innovator U.S. Equity Accelerated Plus ETF - July | -5.12% | 13.32M | Jul 2021 | FNGO vs XTJL | |
| Innovator Growth Accelerated Plus ETF - July | -6.68% | 22.12M | Jul 2021 | FNGO vs QTJL | |
| Innovator US Equity Accelerated ETF | -9.60% | 68.42M | Apr 2021 | FNGO vs XDSQ |
Other ETFs from Bank of Montreal
The 2 most viewed Bank of Montreal ETFs shown here include FNGU, BNKU and span 1 categories. AUM among these funds goes as high as $3B.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| MicroSectors FANG+™ Index 3X Leveraged ETN | Leveraged Equities | 31 | 41.49% | 2.66B | Jan 2018 | FNGO vs FNGU | |
| MicroSectors U.S. Big Banks Index 3X Leveraged ETN... | Leveraged Equities | 43 | 1.62% | 26.98M | Apr 2019 | FNGO vs BNKU |
Often Compared With FNGO
Investors most often compare FNGO with FNGS, FNGG, QLD. These 20 comparison targets span 9 categories, 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.
Pair FNGO with funds that move differently
MicroSectors FANG+ Index 2X Leveraged ETN alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to FNGO.
Explore FNGO Diversifiers