Frequently Asked Questions About FNGB

What does FNGB invest in?

The index, which is the same index that the FNGU ETNs are linked to, is an equally-weighted equity index that tracks the performance of 10 highly-traded growth stocks of technology and tech-enabled companies in the technology, media & communications and consumer discretionary sectors.

What is the expense ratio of FNGB?

An expense ratio for MicroSectors™ FANG+™ 3x Leveraged ETNs (FNGB) is not available from our data sources. Neither our market-data feed nor the SEC's structured prospectus and annual-report datasets report one for this share class. The fund's prospectus on the issuer's site carries the authoritative fee.

Is FNGB a good long-term hold?

FNGB is a leveraged fund designed to deliver a daily multiple of its underlying index. Daily reset compounding means returns over multi-day periods can diverge significantly from the headline multiple, typically with negative drift in choppy markets. These funds are designed for short-term tactical use, not buy-and-hold. Review the fund's prospectus before holding more than a few days.

How does FNGB's daily reset work?

FNGB rebalances exposure each trading day to maintain its target leverage ratio against the next day's move. The daily reset means returns compound at the daily level, so a +1%, −1% sequence on the underlying doesn't return the underlying to flat after the leverage multiplier. Over time this path-dependence erodes returns in volatile markets and amplifies them in trending markets.

How big is FNGB?

MicroSectors™ FANG+™ 3x Leveraged ETNs (FNGB) manages $1.69B in total assets. AUM determines bid-ask liquidity and the fund's vulnerability to closure. Funds below ~$50M are at higher risk of liquidation.

Is FNGB actively managed or an index fund?

FNGB's management style is described in the fund's prospectus. See the description on the Summary tab for the published strategy.

FNGB (MicroSectors™ FANG+™ 3x Leveraged ETNs) is no longer actively trading.

This usually means the fund has been liquidated, merged into another product, or its ticker has been retired. Every price, valuation, dividend, and analyst figure on this page is frozen at the last available trading session and reads as historical reference, not a current-day signal.

FNGB

MicroSectors™ FANG+™ 3x Leveraged ETNs

AMEX·Asset Management · Financial Services

$21.28$0.60+2.90%

Market closed·Jun 23 4:00 PM EDT

Price Chart

$21.28+$0.60 (+2.90%)today

+2.36%CAGR +1.41%

Select date range

FromTo

Feb 24, 2025Feb 24, 2025 → Oct 26, 2026· 1.7 yrsOct 26, 2026

Key Metrics

DistributionDividend Tab

Annual Distribution (FWD)—

Distribution Yield (FWD)—

Annual Distribution (TTM)—

Distribution Yield (TTM)—

Distribution Growth (5Y)—

Frequency—

Most Recent—

Ex-Dividend Date—

Payment Date—

Cost & RiskExpenses Tab

Expense Ratio—

Cost per 10k Invested—

AUM$1.69B

Avg Daily Volume6.63M

Price$21.28

NAV—

Premium / Discount—

52-Week Range$7.95 – $25.26

Beta0.00

Fund Overview

Issuer: —
Asset Class: Equity
Strategy: Leveraged
Inception: February 24, 2025
Fund Type: ETF
Domicile: US
Currency: USD
ISIN: —
CUSIP: —
Website: microsectors.com/fang

Peers

Peers Tab

SLY

SPDR S&P 600 Small Cap ETF

Cap

$1.6B

JKE

iShares Morningstar Growth ETF

Cap

$1.8B

BSCN

Invesco BulletShares 2023 Corporate Bond ETF

Cap

$1.7B

Latest News

News Tab

No recent news available.

Frequently Asked Questions About FNGB

What does FNGB invest in?: The index, which is the same index that the FNGU ETNs are linked to, is an equally-weighted equity index that tracks the performance of 10 highly-traded growth stocks of technology and tech-enabled companies in the technology, media & communications and consumer discretionary sectors.
What is the expense ratio of FNGB?: An expense ratio for MicroSectors™ FANG+™ 3x Leveraged ETNs (FNGB) is not available from our data sources. Neither our market-data feed nor the SEC's structured prospectus and annual-report datasets report one for this share class. The fund's prospectus on the issuer's site carries the authoritative fee.
Is FNGB a good long-term hold?: FNGB is a leveraged fund designed to deliver a daily multiple of its underlying index. Daily reset compounding means returns over multi-day periods can diverge significantly from the headline multiple, typically with negative drift in choppy markets. These funds are designed for short-term tactical use, not buy-and-hold. Review the fund's prospectus before holding more than a few days.
How does FNGB's daily reset work?: FNGB rebalances exposure each trading day to maintain its target leverage ratio against the next day's move. The daily reset means returns compound at the daily level, so a +1%, −1% sequence on the underlying doesn't return the underlying to flat after the leverage multiplier. Over time this path-dependence erodes returns in volatile markets and amplifies them in trending markets.
How big is FNGB?: MicroSectors™ FANG+™ 3x Leveraged ETNs (FNGB) manages $1.69B in total assets. AUM determines bid-ask liquidity and the fund's vulnerability to closure. Funds below ~$50M are at higher risk of liquidation.
Is FNGB actively managed or an index fund?: FNGB's management style is described in the fund's prospectus. See the description on the Summary tab for the published strategy.