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Upturn AI SWOT - About
MicroSectors FANG+ ETN (FNGS)
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Upturn Advisory Summary
07/03/2025: FNGS (1-star) has a low Upturn Star Rating. Not recommended to BUY.
Upturn Star Rating
Not Recommended Performance
These Stocks/ETFs, based on Upturn Advisory, consistently fall short of market performance, signaling caution before investing.
Analysis of Past Performance
Type ETF | Historic Profit 103.08% | Avg. Invested days 73 | Today’s Advisory Consider higher Upturn Star rating |
Upturn Star Rating | Upturn Advisory Performance  5.0 | ETF Returns Performance  5.0 |
| Profits based on simulation | Last Close 07/03/2025 |
Key Highlights
Volume (30-day avg) - | Beta 1.18 | 52 Weeks Range 41.62 - 64.80 | Updated Date 06/30/2025 |
52 Weeks Range 41.62 - 64.80 | Updated Date 06/30/2025 |
Upturn AI SWOT
MicroSectors FANG+ ETN
ETF Overview
Overview
The MicroSectors FANG+ ETN (FNGS) is an exchange-traded note that provides leveraged exposure to a concentrated group of highly traded growth stocks in the technology and consumer discretionary sectors. It focuses on companies representing the FANG+ Index.
Reputation and Reliability
The issuer's reputation is moderate, with typical ETN risks associated with creditworthiness and issuer stability.
Management Expertise
The management team possesses expertise in structuring and managing leveraged and inverse exchange-traded products.
Investment Objective
Goal
To seek leveraged returns linked to the performance of the NYSE FANG+ Index.
Investment Approach and Strategy
Strategy: It aims to provide daily leveraged exposure (typically 3x) to the NYSE FANG+ Index, which represents a concentrated portfolio of technology and consumer discretionary companies.
Composition The ETN's value is linked to the performance of the NYSE FANG+ Index, which includes companies like Facebook (Meta), Apple, Amazon, Netflix, Google (Alphabet), Tesla, Alibaba, Baidu, NVIDIA, and Twitter (X).
Market Position
Market Share: FNGS has a smaller market share compared to broader technology ETFs.
Total Net Assets (AUM): 173692976
Competitors
Key Competitors
- XLK
- QQQ
- VGT
- SOXX
Competitive Landscape
The competitive landscape is dominated by broader technology ETFs. FNGS offers leveraged exposure to a concentrated group, appealing to traders seeking higher risk and potential returns. Competitors offer diversified exposure at lower risk. FNGS's concentration and leverage can lead to higher volatility than peers.
Financial Performance
Historical Performance: Historical performance is highly dependent on the underlying index and leverage factor, exhibiting high volatility.
Benchmark Comparison: Performance is compared to the NYSE FANG+ Index, aiming for a multiple (3x) of its daily returns.
Expense Ratio: 0.95
Liquidity
Average Trading Volume
FNGS exhibits moderate liquidity, which can affect trading costs depending on market conditions.
Bid-Ask Spread
The bid-ask spread can vary depending on market conditions and trading volume but is generally reasonable.
Market Dynamics
Market Environment Factors
The ETN is affected by technology sector performance, investor sentiment towards growth stocks, and macroeconomic conditions influencing these companies.
Growth Trajectory
The growth trajectory depends on the performance of the FANG+ stocks and investor appetite for leveraged products; it's subject to significant fluctuations.
Moat and Competitive Advantages
Competitive Edge
FNGS provides highly leveraged exposure to the FANG+ stocks, catering to aggressive traders seeking amplified returns. Its niche focus within the technology sector can be advantageous during specific market trends. The ETN offers a simple and direct way to gain leveraged exposure to these companies. However, the leveraged structure amplifies both gains and losses. The performance relies heavily on the concentrated group of stocks.
Risk Analysis
Volatility
FNGS exhibits high volatility due to its leveraged nature and concentration in a few stocks.
Market Risk
Significant market risk exists due to the ETN's concentrated holdings in technology and consumer discretionary sectors, making it sensitive to market fluctuations and sector-specific downturns.
Investor Profile
Ideal Investor Profile
The ideal investor is an experienced trader with a high-risk tolerance seeking short-term, leveraged exposure to the FANG+ stocks.
Market Risk
FNGS is best suited for active traders with a short-term horizon, not long-term investors or passive index followers due to its leveraged nature and high volatility.
Summary
MicroSectors FANG+ ETN (FNGS) provides leveraged exposure to a concentrated portfolio of technology and consumer discretionary companies represented by the NYSE FANG+ Index. Its leveraged nature makes it a high-risk, high-reward investment suitable for experienced traders with a short-term focus. The ETN offers the potential for amplified returns but also exposes investors to magnified losses. Investors should carefully consider their risk tolerance and investment goals before investing. Due to its structure as an ETN it carries credit risk related to the issuer.
Peer Comparison
Sources and Disclaimers
Data Sources:
- Bloomberg
- ETF.com
- Issuer's Website
Disclaimers:
The data provided is for informational purposes only and should not be considered investment advice. Investing in ETFs involves risk, including the potential loss of principal. Leveraged ETFs are not suitable for all investors. Past performance is not indicative of future results.
AI Summarization is directionally correct and might not be accurate.
Summarized information shown could be a few years old and not current.
Fundamental Rating based on AI could be based on old data.
AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.
About MicroSectors FANG+ ETN
Exchange NYSE ARCA | Headquaters - | ||
IPO Launch date - | CEO - | ||
Sector - | Industry - | Full time employees - | Website |
Full time employees - | Website | ||
The index is an equal-dollar weighted index designed to represent a segment of the technology and consumer discretionary sectors consisting of highly-traded growth stocks of technology and tech-enabled companies. The notes are unsecured and unsubordinated obligations of Bank of Montreal. Each note will have an initial principal amount of $50.
Note: This website is maintained by Upturn Corporation, which is an investment adviser registered with the U.S. Securities and Exchange Commission. Such registration does not imply a certain level of skill or training. Investing in securities has risks. Past performance is no guarantee of future returns. No assurance is provided as to any particular investment return, and you may lose money using our services. You are strongly advised to consult appropriate counsel before making any investments in companies you learn about through our services. You should obtain appropriate legal, tax, investment, accounting, and other advice that takes into account your investment portfolio and overall financial situation. You are solely responsible for conducting due diligence on a potential investment. We do not affect trades for you. You will select your own broker through which to transact. Investments are not FDIC insured, they are not guaranteed, and they may lose value. Please see the Privacy Policy, Terms of Use, and Disclosure for more information.