MicroSectors FANG+ Index -3X Inverse Leveraged ETN (FNGD) Dividend Yield, History & Forecast

MicroSectors FANG+ Index -3X Inverse Leveraged ETN (FNGD) is an exchange-traded fund (ETF) listed on the New York Stock Exchange Arca. market capitalization is approximately $4.55B.

Frequently Asked Questions about MicroSectors FANG+ Index -3X Inverse Leveraged ETN (FNGD)

What does MicroSectors FANG+ Index -3X Inverse Leveraged ETN invest in?
The notes are intended to be daily trading tools for sophisticated investors to manage daily trading risks as part of an overall diversified portfolio. 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.