MicroSectors FANG+™ Index 3X Leveraged ETN (FNGU)
FNGU is a passive ETF by Bank of Montreal tracking the investment results of the NYSE FANG (TR) (300%). FNGU launched on Jan 22, 2018 and has a 0.95% expense ratio.
ETF Info
US0636798722
063679872
Jan 22, 2018
North America (U.S.)
3x
NYSE FANG (TR) (300%)
Large-Cap
Blend
Expense Ratio
FNGU has a high expense ratio of 0.95%, indicating higher-than-average management fees.
Share Price Chart
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Compare to other instruments
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Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in MicroSectors FANG+™ Index 3X Leveraged ETN, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.
Returns By Period
MicroSectors FANG+™ Index 3X Leveraged ETN had a return of 164.07% year-to-date (YTD) and 159.48% in the last 12 months.
FNGU
164.07%
21.30%
43.69%
159.48%
59.63%
N/A
^GSPC (Benchmark)
24.34%
0.23%
8.53%
24.95%
13.01%
11.06%
Monthly Returns
The table below presents the monthly returns of FNGU, with color gradation from worst to best to easily spot seasonal factors. Returns are adjusted for dividends.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | 8.08% | 28.04% | 1.46% | -10.46% | 17.16% | 29.75% | -7.78% | -5.57% | 5.67% | 3.42% | 19.92% | 164.07% | |
| 2023 | 60.49% | 6.87% | 39.38% | -5.66% | 57.13% | 22.07% | 9.48% | -10.34% | -18.30% | -7.03% | 43.32% | 16.43% | 438.10% |
| 2022 | -24.83% | -24.10% | 6.26% | -49.98% | -12.57% | -23.12% | 30.72% | -13.60% | -31.60% | -21.62% | 28.89% | -27.50% | -88.47% |
| 2021 | 2.76% | 15.04% | -17.11% | 14.31% | -8.94% | 30.71% | -6.78% | 8.56% | -14.25% | 32.38% | -3.03% | -11.86% | 30.91% |
| 2020 | 24.44% | -5.95% | -43.12% | 59.84% | 19.20% | 23.81% | 43.74% | 73.49% | -17.99% | -8.75% | 22.91% | 33.08% | 379.33% |
| 2019 | 39.41% | 0.63% | 10.45% | 13.34% | -40.00% | 23.65% | 10.84% | -12.90% | -3.12% | 18.00% | 22.35% | 23.47% | 117.25% |
| 2018 | 8.68% | 4.00% | -22.35% | 8.64% | 24.25% | 13.97% | -14.76% | 16.03% | -13.24% | -24.56% | -15.38% | -30.48% | -48.59% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
With an overall rank of 80, FNGU is among the top 20% of ETFs on our website when it comes to balancing risk and reward. Below is a breakdown of how it compares using common performance measures.
Risk-Adjusted Performance Indicators
The charts below present risk-adjusted performance metrics for MicroSectors FANG+™ Index 3X Leveraged ETN (FNGU) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
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.
Worst Drawdowns
The table below displays the maximum drawdowns of the MicroSectors FANG+™ Index 3X Leveraged 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+™ Index 3X Leveraged ETN was 92.34%, occurring on Nov 9, 2022. Recovery took 411 trading sessions.
The current MicroSectors FANG+™ Index 3X Leveraged ETN drawdown is 11.51%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -92.34% | Nov 5, 2021 | 255 | Nov 9, 2022 | 411 | Jul 2, 2024 | 666 |
| -76.77% | Feb 20, 2020 | 20 | Mar 18, 2020 | 75 | Jul 6, 2020 | 95 |
| -73.91% | Jun 21, 2018 | 129 | Dec 24, 2018 | 279 | Feb 4, 2020 | 408 |
| -46.06% | Jul 11, 2024 | 18 | Aug 5, 2024 | 85 | Dec 4, 2024 | 103 |
| -44.8% | Feb 17, 2021 | 61 | May 13, 2021 | 114 | Oct 25, 2021 | 175 |
Volatility
Volatility Chart
The current MicroSectors FANG+™ Index 3X Leveraged ETN volatility is 22.41%, representing the average percentage change in the investments's value, either up or down over the past month. The chart below shows the rolling one-month volatility.