MicroSectors FANG+ 3X Leveraged ETNs (FNGU) 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 FNGU. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to FNGU
FNGU charges 2.60% annually. There are 442 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 | FNGU vs NTSD | |
| ETRACS IFED Invest with the Fed TR Index ETN | 0.45% | 48.98M | Sep 2021 | FNGU vs IFED | |
| Direxion Daily S&P 500 Bull 2x Shares | 0.64% | 241.41M | May 2014 | FNGU vs SPUU | |
| Leverage Shares 2X Long COIN Daily ETF | 0.75% | 7.81M | Mar 2025 | FNGU vs COIG | |
| Leverage Shares 2X Long COST Daily ETF | 0.75% | 5.48M | Sep 2025 | FNGU vs COTG |
Best Risk-Adjusted Alternatives to FNGU
FNGU has a PortfoliosLab risk / return rank of 27. There are 98 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 | FNGU vs MUU | |
| GraniteShares 2x Long MU Daily ETF | 99 | 1.11B | Nov 2024 | FNGU vs MULL | |
| Innovator Growth Accelerated Plus ETF - April | 98 | 19.26M | Apr 2021 | FNGU vs QTAP | |
| Innovator U.S. Equity Accelerated Plus ETF | 98 | 22.62M | Apr 2021 | FNGU vs XTAP | |
| Direxion Daily South Korea Bull 3X Shares | 97 | 1.73B | Apr 2013 | FNGU vs KORU |
Top Performing FNGU Alternatives (YTD)
FNGU is at 36.18% YTD. There are 88 ETFs in the Leveraged Equities category with higher YTD returns, going as high as 961.23%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| Direxion Daily MU Bull 2X Shares | 961.23% | 3.44B | Oct 2024 | FNGU vs MUU | |
| GraniteShares 2x Long MU Daily ETF | 936.86% | 1.11B | Nov 2024 | FNGU vs MULL | |
| Leverage Shares 2X Long ARM Daily ETF | 936.32% | 75.08M | Jan 2025 | FNGU vs ARMG | |
| GraniteShares 2x Long MRVL Daily ETF | 842.68% | 568.50M | Mar 2025 | FNGU vs MVLL | |
| GraniteShares 2x Long DELL Daily ETF | 757.76% | 101.08M | Feb 2025 | FNGU vs DLLL |
Lowest Volatility Alternatives to FNGU
FNGU has 57.50% 1-year volatility. There are 147 ETFs in the Leveraged Equities category with lower 1-year volatility, going as low as 4.70%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Innovator U.S. Equity Accelerated Plus ETF | 4.70% | 22.62M | Apr 2021 | FNGU vs XTAP | |
| Innovator Growth Accelerated Plus ETF - April | 5.56% | 19.26M | Apr 2021 | FNGU vs QTAP | |
| Innovator U.S. Equity Accelerated Plus ETF - July | 7.43% | 13.32M | Jul 2021 | FNGU vs XTJL | |
| Innovator Growth Accelerated Plus ETF - July | 10.01% | 22.12M | Jul 2021 | FNGU vs QTJL | |
| Innovator US Equity Accelerated ETF | 10.56% | 68.42M | Apr 2021 | FNGU vs XDSQ |
Lowest Drawdown Alternatives to FNGU
FNGU has a 1-year max drawdown of -59.55%. There are 164 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 | FNGU vs XTAP | |
| Innovator Growth Accelerated Plus ETF - April | -1.69% | 19.26M | Apr 2021 | FNGU vs QTAP | |
| Innovator U.S. Equity Accelerated Plus ETF - July | -5.12% | 13.32M | Jul 2021 | FNGU vs XTJL | |
| Innovator Growth Accelerated Plus ETF - July | -6.68% | 22.12M | Jul 2021 | FNGU vs QTJL | |
| Innovator US Equity Accelerated ETF | -9.60% | 68.42M | Apr 2021 | FNGU vs XDSQ |
Other ETFs from Bank of Montreal
The 2 most viewed Bank of Montreal ETFs shown here include FNGO, BNKU and span 1 categories. AUM among these funds goes as high as $687M.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| MicroSectors FANG+ Index 2X Leveraged ETN | Leveraged Equities | 32 | 29.63% | 687.22M | Aug 2018 | FNGU vs FNGO | |
| MicroSectors U.S. Big Banks Index 3X Leveraged ETN... | Leveraged Equities | 39 | -1.60% | 26.98M | Apr 2019 | FNGU vs BNKU |
Often Compared With FNGU
Investors most often compare FNGU with TQQQ, BULZ, FNGD. These 20 comparison targets span 9 categories, based on PortfoliosLab usage data.
Compare FNGU with Any Fund or Stock
Compare FNGU with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair FNGU with funds that move differently
MicroSectors FANG+ 3X Leveraged ETNs alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to FNGU.
Explore FNGU Diversifiers