MicroSectors FANG+ 3 Leveraged ETNs (FNGU) Dividend Yield, History & Forecast

MicroSectors FANG+ 3 Leveraged ETNs (FNGU) is an exchange-traded fund (ETF) listed on the New York Stock Exchange Arca. market capitalization is approximately $1.96B.

FNGU fund composition

FNGU holds 10 positions, with 100.0% of assets in its ten largest. It charges an expense ratio of 2.60%, and manages $2.66B.

Top 10 holdings

HoldingWeight
NVDANVIDIA Corporation11.58%
AVGOBroadcom Inc.11.12%
MSFTMicrosoft Corporation10.53%
METAMeta Platforms, Inc.10.33%
GOOGLAlphabet Inc.10.32%
AAPLApple Inc.9.94%
AMZNAmazon.com, Inc.9.60%
NFLXNetflix, Inc.9.12%
NOWServiceNow, Inc.8.74%
CRWDCrowdStrike Holdings, Inc.8.72%

Sector allocation

Technology60.6%Communication Services29.8%Consumer Cyclical9.6%

Frequently Asked Questions about MicroSectors FANG+ 3 Leveraged ETNs (FNGU)

What does MicroSectors FANG+ 3 Leveraged ETNs invest in?
The MicroSectors FANG+ 3x Leveraged ETN, trading as FNGU, delivers three times (3x) magnified exposure to an index comprising leading technology and growth companies. This benchmark prominently features the core "FANG" stocks: Facebook, Apple, Amazon, Netflix, and Google. While these five are generally expected to be constant inclusions, an independent index committee selects additional, comparable firms to complete the portfolio. The index mandates a minimum of ten constituent stocks, which was its initial composition, resulting in a highly concentrated allocation where all underlying...