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What is trailing returns for microsectors Fang+ index -3x inverse leveraged ETN (fngd)?

Trailing returns as of 5/15/2024. Category is Trading--Inverse Equity. Find the latest MicroSectors FANG+ Index -3X Inverse Leveraged ETN (FNGD) stock quote, history, news and other vital information to help you with your stock trading and investing.

What is Fang+ ETF?

This fund tracks the performance of the NYSE FANG+ Index with a holding proportion that closely resembles the index. The FANG+ ETF commenced operations on the 27 th of February 2020.

How risky is the Fang ETF?

Market Risk – Since the FANG ETF is designed to track the performance of the NYSE FANG+ Index, the performance of the fund is almost identical to the performance of the Index. Market conditions and volatility will be present, however, given the diversification of the holdings, the risk is mitigated to some degree.

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Risk warning: Digital asset trading is an emerging industry with bright prospects, but it also comes with huge risks as it is a new market. The risk is especially high in leveraged trading since leverage magnifies profits and amplifies risks at the same time. Please make sure you have a thorough understanding of the industry, the leveraged trading models, and the rules of trading before opening a position. Additionally, we strongly recommend that you identify your risk tolerance and only accept the risks you are willing to take. All trading involves risks, so you must be cautious when entering the market.

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