MicroSectors FANG+™ Index 3X Leveraged ETN (FNGU) Alternatives
MicroSectors FANG+™ Index 3X Leveraged ETN (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 funds that fit a different role in your portfolio.
Cheapest Alternatives to FNGU
FNGU charges 0.95% annually. Among ETFs in the Leveraged Equities category, these options have the lowest expense ratios among FNGU alternatives.
| Symbol | Name | Expense Ratio | Inception | |
|---|---|---|---|---|
| ETRACS IFED Invest with the Fed TR Index ETN | 0.45% | Sep 14, 2021 | FNGU vs IFED | |
| Direxion Daily S&P 500 Bull 2x Shares | 0.64% | May 28, 2014 | FNGU vs SPUU | |
| Leverage Shares 2X Long NVDA Daily ETF | 0.75% | Dec 12, 2024 | FNGU vs NVDG | |
| Leverage Shares 2X Long AMD Daily ETF | 0.75% | Jan 24, 2025 | FNGU vs AMDG | |
| Leverage Shares 2X Long TSLA Daily ETF | 0.75% | Dec 12, 2024 | FNGU vs TSLG |
Best Risk-Adjusted Alternatives to FNGU
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 | FNGU vs KORU | |
| Direxion Daily MU Bull 2X Shares | 98 | Oct 9, 2024 | FNGU vs MUU | |
| GraniteShares 2x Long MU Daily ETF | 98 | Nov 11, 2024 | FNGU vs MULL | |
| Direxion Daily GOOGL Bull 2X Shares | 96 | Sep 6, 2022 | FNGU vs GGLL | |
| Direxion Daily TSM Bull 2X Shares | 96 | Oct 3, 2024 | FNGU vs TSMX |
Top Performing FNGU Alternatives (YTD)
FNGU 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 | FNGU vs NRGU | |
| MicroSectors Energy 3X Leveraged ETN | 141.86% | Feb 16, 2023 | FNGU vs WTIU | |
| Leverage Shares 2X Long TER Daily ETF | 102.79% | Nov 17, 2025 | FNGU vs TERG | |
| Direxion Daily S&P Oil & Gas Exploration & Product... | 102.61% | Apr 1, 2020 | FNGU vs GUSH | |
| ProShares Ultra Oil & Gas | 85.56% | Jan 30, 2007 | FNGU vs DIG |
Lowest Volatility Alternatives to FNGU
FNGU 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 | FNGU vs XTAP | |
| Innovator Growth Accelerated Plus ETF - April | 16.31% | Apr 1, 2021 | FNGU vs QTAP | |
| Roundhill BRKB WeeklyPay ETF | 17.95% | Jun 17, 2025 | FNGU vs BRKW | |
| Innovator US Equity Accelerated ETF | 17.99% | Apr 1, 2021 | FNGU vs XDSQ | |
| Innovator U.S. Equity Accelerated Plus ETF - July | 18.18% | Jul 1, 2021 | FNGU vs XTJL |
Lowest Drawdown Alternatives to FNGU
FNGU 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 | FNGU vs XTAP | |
| Innovator Growth Accelerated Plus ETF - April | -12.04% | Apr 1, 2021 | FNGU vs QTAP | |
| Innovator US Equity Accelerated ETF | -12.18% | Apr 1, 2021 | FNGU vs XDSQ | |
| Innovator Growth Accelerated ETF - Quarterly | -12.64% | Apr 1, 2021 | FNGU vs XDQQ | |
| Innovator U.S. Equity Accelerated Plus ETF - July | -13.81% | Jul 1, 2021 | FNGU 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 2X Leveraged ETN | Leveraged Equities, Leveraged | 34 | -25.13% | Aug 1, 2018 | FNGU vs FNGO | |
| MicroSectors U.S. Big Banks Index 3X Leveraged ETN... | Leveraged Equities, Leveraged | 56 | -21.78% | Apr 2, 2019 | FNGU vs BNKU |
Often Compared With FNGU
What investors most often compare with FNGU, 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.