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PRNewswire (Wed, 28-Jan 4:00 PM ET)
The BMO REX MicroSectors FANG+ Index -3X Inverse Leveraged ETN is linked to the performance of the NYSE FANG+ Index. The ETN offers investors the total return of the NYSE FANG+ Index on a daily compounded -3x inverse leveraged basis, before taking into account fees. The NYSE FANG+ index includes 10 highly liquid stocks that represent a segment of the technology and consumer discretionary sectors consisting of highly-traded growth stocks of technology and tech-enabled companies. The index s underlying composition is equally weighted across all stocks, providing a performance benchmark that allows for a more value-driven approach to investing.
Microsectors Fang Index -3X Inverse Leveraged ETN trades on the ARCA stock market under the symbol FNGD.
As of April 17, 2026, FNGD stock price declined to $47.21 with 344,584 million shares trading.
FNGD has a beta of -4.87, meaning it tends to be less sensitive to market movements. FNGD has a correlation of 0.75 to the broad based SPY ETF.
FNGD has a market cap of $70.82 million. This is considered a Micro Cap stock.
In the last 3 years, FNGD traded as high as $2,298.00 and as low as $41.40.
FNGD has underperformed the market in the last year with a price return of -71.5% while the SPY ETF gained +36.3%. FNGD has also underperformed the stock market ETF in the last 3 month and 2 week periods returning -15.1% and -32.3%, respectively, while the SPY returned +2.9% and +8.3%, respectively.
FNGD support price is $45.08 and resistance is $50.12 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that FNGD shares will trade within this expected range on the day.
