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 449 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% | 43.18M | Mar 2026 | FNGU vs NTSD | |
| ETRACS IFED Invest with the Fed TR Index ETN | 0.45% | 48.07M | Sep 2021 | FNGU vs IFED | |
| Corgi BRKB 2x Daily ETF | 0.45% | — | Jul 2026 | FNGU vs BRKL | |
| Direxion Daily S&P 500 Bull 2X ETF | 0.60% | 260.25M | May 2014 | FNGU vs SPUU | |
| Leverage Shares 2X Long IREN Daily ETF | 0.75% | 20.20M | Dec 2025 | FNGU vs IREG |
Best Risk-Adjusted Alternatives to FNGU
FNGU has a PortfoliosLab risk / return rank of 21. There are 131 ETFs in the Leveraged Equities category with higher risk-adjusted ranks, going as high as 98.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| Direxion Daily MU Bull 2X Shares | 98 | 3.86B | Oct 2024 | FNGU vs MUU | |
| GraniteShares 2x Long MU Daily ETF | 98 | 531.06M | Nov 2024 | FNGU vs MULL | |
| Innovator U.S. Equity Accelerated Plus ETF | 98 | 22.69M | Apr 2021 | FNGU vs XTAP | |
| Innovator Growth Accelerated Plus ETF - April | 97 | 20.37M | Apr 2021 | FNGU vs QTAP | |
| GraniteShares 2x Long INTC Daily ETF | 97 | 282.58M | Feb 2025 | FNGU vs INTW |
Top Performing FNGU Alternatives (YTD)
FNGU is at 14.13% YTD. There are 129 ETFs in the Leveraged Equities category with higher YTD returns, going as high as 699.96%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| GraniteShares 2x Long DELL Daily ETF | 699.96% | 101.24M | Feb 2025 | FNGU vs DLLL | |
| Direxion Daily MU Bull 2X Shares | 378.90% | 3.86B | Oct 2024 | FNGU vs MUU | |
| GraniteShares 2x Long MU Daily ETF | 365.77% | 531.06M | Nov 2024 | FNGU vs MULL | |
| Direxion Daily INTC Bull 2X Shares | 266.23% | 63.06M | Nov 2025 | FNGU vs LINT | |
| GraniteShares 2x Long INTC Daily ETF | 265.05% | 282.58M | Feb 2025 | FNGU vs INTW |
Lowest Volatility Alternatives to FNGU
FNGU has 65.96% 1-year volatility. There are 171 ETFs in the Leveraged Equities category with lower 1-year volatility, going as low as 4.89%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Innovator U.S. Equity Accelerated Plus ETF | 4.89% | 22.69M | Apr 2021 | FNGU vs XTAP | |
| Innovator Growth Accelerated Plus ETF - April | 6.61% | 20.37M | Apr 2021 | FNGU vs QTAP | |
| Innovator U.S. Equity Accelerated Plus ETF - July | 7.75% | 13.42M | Jul 2021 | FNGU vs XTJL | |
| Innovator US Equity Accelerated ETF | 10.94% | 69.34M | Apr 2021 | FNGU vs XDSQ | |
| Innovator Growth Accelerated Plus ETF - July | 11.73% | 19.11M | Jul 2021 | FNGU vs QTJL |
Lowest Drawdown Alternatives to FNGU
FNGU has a 1-year max drawdown of -59.55%. There are 170 ETFs in the Leveraged Equities category with shallower 1-year drawdowns, going as shallow as -1.72%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Innovator U.S. Equity Accelerated Plus ETF | -1.72% | 22.69M | Apr 2021 | FNGU vs XTAP | |
| Innovator Growth Accelerated Plus ETF - April | -2.81% | 20.37M | Apr 2021 | FNGU vs QTAP | |
| Innovator U.S. Equity Accelerated Plus ETF - July | -5.12% | 13.42M | Jul 2021 | FNGU vs XTJL | |
| Innovator Growth Accelerated Plus ETF - July | -8.48% | 19.11M | Jul 2021 | FNGU vs QTJL | |
| Innovator US Equity Accelerated ETF | -9.60% | 69.34M | Apr 2021 | FNGU vs XDSQ |
Other ETFs from BMO
The 10 most viewed BMO ETFs shown here include FNGS, FNGO, GDXU and span 9 categories. AUM among these funds goes as high as $5B.
Often Compared With FNGU
Investors most often compare FNGU with TQQQ, SOXL, FNGG. These 20 comparison targets span 10 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