- ISIN
- US06368B5049
- CUSIP
- 06368B504
- Issuer
- BMO
- Inception Date
- Nov 12, 2019
- Region
- North America (U.S.)
- Category
- Large Cap Growth Equities
- Leveraged
- 1x (No leverage)
- Index Tracked
- NYSE FANG+ Index
- Domicile
- United States
- Distribution Policy
- Accumulating
- Asset Class
- Equity
- Asset Class Size
- Large-Cap
- Asset Class Style
- Growth
- Assets Under Management
- $555M
Share Price Chart
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Performance
FNGS Performance Chart
MicroSectors FANG+ ETN (FNGS) is up 8.2% since the beginning of the year. FNGS is currently trading at $74 per share. Investors who bought $1,000 worth of FNGS shares 5 years ago would now be looking at an investment worth $2,384.
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Returns By Period
MicroSectors FANG+ ETN (FNGS) has returned 8.21% so far this year and 20.76% over the past 12 months.
MicroSectors FANG+ ETN
- 1D
- -3.05%
- 1M
- -1.23%
- YTD
- 8.21%
- 6M
- 7.55%
- 1Y
- 20.76%
- 3Y*
- 30.34%
- 5Y*
- 18.98%
- 10Y*
- —
Benchmark (S&P 500 Index)
- 1D
- -0.37%
- 1M
- -0.01%
- YTD
- 9.16%
- 6M
- 8.64%
- 1Y
- 25.22%
- 3Y*
- 19.78%
- 5Y*
- 11.99%
- 10Y*
- 13.88%
FNGS Monthly Returns History
Based on dividend-adjusted daily data since Nov 13, 2019, FNGS's average daily return is +0.13%, while the average monthly return is +2.55%. At this rate, an investment would double in approximately 2.3 years.
Historically, 56% of months were positive and 44% were negative. The best month was Aug 2020 with a return of +21.7%, while the worst month was Apr 2022 at -19.3%. The longest winning streak lasted 5 consecutive months, and the longest losing streak was 5 months.
On a daily basis, FNGS closed higher 55% of trading days. The best single day was Apr 9, 2025 with a return of +12.8%, while the worst single day was Mar 16, 2020 at -10.2%.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | -3.02% | -5.70% | -4.21% | 17.35% | 13.24% | -7.03% | 8.21% | ||||||
| 2025 | 2.51% | -5.56% | -10.28% | 6.92% | 12.20% | 9.00% | 1.92% | -0.56% | 5.98% | 4.33% | -1.81% | -5.08% | 18.64% |
| 2024 | 3.60% | 9.36% | 1.26% | -2.77% | 6.08% | 10.01% | -1.47% | -1.01% | 3.11% | 1.68% | 7.05% | 6.66% | 51.99% |
| 2023 | 18.88% | 3.74% | 12.71% | -0.97% | 16.80% | 8.20% | 3.87% | -2.58% | -6.02% | -1.44% | 13.32% | 5.66% | 95.24% |
| 2022 | -7.84% | -7.81% | 5.12% | -19.32% | -1.59% | -6.23% | 10.45% | -3.57% | -10.85% | -6.51% | 11.09% | -8.99% | -40.32% |
| 2021 | 2.07% | 5.25% | -4.59% | 4.79% | -2.49% | 9.93% | -2.42% | 3.34% | -5.13% | 10.43% | -0.59% | -3.26% | 16.96% |
Benchmark Metrics
MicroSectors FANG+ ETN has an annualized alpha of 13.84%, beta of 1.22, and R2 of 0.63 versus S&P 500 Index. Calculated based on daily prices since November 13, 2019.
- This ETF captured 161.01% of S&P 500 Index gains and 100.03% of its losses - amplifying both gains and losses, but participating more in upside than downside.
- This ETF generated an annualized alpha of 13.84% versus S&P 500 Index - delivering returns beyond what market exposure alone would predict.
- Alpha
- 13.84%
- Beta
- 1.22
- R²
- 0.63
- Upside Capture
- 161.01%
- Downside Capture
- 100.03%
Expense Ratio
FNGS has an expense ratio of 0.58%, placing it in the medium range.
Return for Risk
Risk / Return Rank
FNGS ranks 24 for risk / return — below 24% of ETFs on our site. The returns aren't fully compensating for the risk involved. This isn't necessarily a dealbreaker, but factor it into your decision — especially if you're risk-averse.
Return / Risk — by metrics
The table below present risk-adjusted performance metrics for MicroSectors FANG+ ETN (FNGS) and compare them to S&P 500 Index.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| FNGS | Benchmark | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.10 | ||
| Sortino ratioReturn per unit of downside risk | -1.38 | ||
| Omega ratioGain probability vs. loss probability | 1.17 | 1.37 | -0.20 |
| Calmar ratioReturn relative to maximum drawdown | 0.91 | 2.78 | -1.87 |
| Martin ratioReturn relative to average drawdown | 2.56 | 12.44 | -9.87 |
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.
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Worst Drawdowns
The table below displays the maximum drawdowns of the MicroSectors FANG+ 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+ ETN was 48.98%, occurring on Nov 9, 2022. Recovery took 169 trading sessions.
The current MicroSectors FANG+ ETN drawdown is 8.42%.
Related event | Drawdown | Fall | Recovery | Underwater |
|---|---|---|---|---|
Bear market2022 | -48.98%Nov 2022 | 1y 4d | 8mo 10d | 1y 8moNov 2021 - Jul 2023 |
COVID crash2020 | -34.98%Mar 2020 | 27d | 2mo 17d | 3mo 14dFeb 2020 - Jun 2020 |
2025 selloff2025 | -26.77%Apr 2025 | 1mo 15d | 2mo 3d | 3mo 18dFeb 2025 - Jun 2025 |
2026 bear market2026 | -22.93%Mar 2026 | 5mo 1d | 1mo 9d | 6mo 10dOct 2025 - May 2026 |
2024 correction2024 | -17.80%Aug 2024 | 25d | 3mo 4d | 3mo 29dJul 2024 - Nov 2024 |
Drawdown Indicators
| FNGS | Benchmark | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -48.98% | -56.78% | +7.80% |
Max Drawdown (1Y)Largest decline over 1 year | -22.93% | -9.10% | -13.83% |
Max Drawdown (3Y)Largest decline over 3 years | -26.77% | -18.90% | -7.87% |
Max Drawdown (5Y)Largest decline over 5 years | -48.98% | -25.43% | -23.55% |
Max Drawdown (10Y)Largest decline over 10 years | — | -33.92% | — |
Current DrawdownCurrent decline from peak | -8.42% | -1.80% | -6.62% |
Average DrawdownAverage peak-to-trough decline | -10.84% | -10.71% | -0.13% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 8.11% | 2.03% | +6.08% |
Volatility
Volatility Chart
The chart below shows the rolling one-month volatility.
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