MicroSectors FANG+ Index -3X Inverse Leveraged ETN (FNGD)
NYSEArca
Fundamentals
Valuation and ratings
MicroSectors FANG+ Index -3X Inverse Leveraged ETN trades at USD36.18. We do not hold enough of the inputs to run a discounted cash flow on this company, so we publish no fair value for it rather than a number we would not defend.
About MicroSectors FANG+ Index -3X Inverse Leveraged ETN
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.
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Data from company filings, exchange quotes and SEC EDGAR 13F disclosures. Quotes are delayed. Metrics we do not have are left out rather than estimated. Educational information, not financial advice.