Microsectors Fang Index Etf Profile

FNGU Etf  USD 314.00  14.52  4.85%   

Performance

9 of 100

 
Low
 
High
OK

Odds Of Distress

Less than 9

 
100  
 
Zero
Low
MicroSectors FANG is selling for under 314.00 as of the 18th of March 2024; that is 4.85 percent up since the beginning of the trading day. The etf's last reported lowest price was 312.13. MicroSectors FANG has less than a 9 % chance of experiencing financial distress in the next few years but had a somewhat ok performance during the last 90 days. Equity ratings for MicroSectors FANG Index are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 17th of February 2024 and ending today, the 18th of March 2024. Click here to learn more.
The notes are intended to be daily trading tools for sophisticated investors to manage daily trading risks as part of an overall diversified portfolio. Microsectors Fang is traded on NYSEARCA Exchange in the United States. More on MicroSectors FANG Index

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Moving against MicroSectors Etf

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MicroSectors Etf Highlights

Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. MicroSectors FANG's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding MicroSectors FANG or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
CEO, COO, DirectorDarryl White
Thematic Ideas
(View all Themes)
Business ConcentrationTheme ETFs, Strategy ETFs, Trading--Leveraged Equity, BMO Capital Markets (View all Sectors)
IssuerBank of Montreal
Inception Date2018-01-22
BenchmarkNYSE FANG+ Index
Entity TypeExchange-Traded Note
Average Trading Valume667,327.9
Asset TypeEquity
CategoryStrategy
FocusTheme
Market ConcentrationDeveloped Markets
RegionNorth America
Fiscal Year End31-Oct
ExchangeNYSE Arca, Inc.
Market MakerFlow Traders
Country NameUSA
Returns Y T D28.59
NameMicroSectors FANG Index 3X Leveraged ETN
Currency CodeUSD
Open FigiBBG00JSLPH24
In Threey Volatility90.7
1y Volatility81.69
200 Day M A208.61
50 Day M A288.87
CodeFNGU
Updated At17th of March 2024
Currency NameUS Dollar
In Threey Sharp Ratio0.38
TypeETF
MicroSectors FANG Index [FNGU] is traded in USA and was established 2018-01-22. The fund is listed under Trading--Leveraged Equity category and is part of BMO Capital Markets family. The entity is thematically classified as Theme ETFs. MicroSectors FANG Index currently have 530.56 M in assets under management (AUM). , while the total return for the last 3 years was -1.2%.
Check MicroSectors FANG Probability Of Bankruptcy

Sector Allocation

Investors will always prefer to have their portfolios divercified against different sectors. The broad sector allocation increases the possibility of making a profit or at least avoiding a loss. However, this may also reduce the expected return on MicroSectors Etf. Generally, it depends on diversification level and type but usually, the broader the sector allocation, the less risk can be expected from holding MicroSectors Etf, and the less return is expected.
Institutional investors that are interested in enforcing a sector tilt in their portfolio can use exchange-traded funds, such as MicroSectors FANG Index Etf, as a low-cost alternative to building a custom portfolio. So, using sector ETFs to diversify your portfolio can be a profitable strategy. However, no matter what sectors are desirable at a given time, no single industry should ever make up more than 20 percent of your stock portfolio.

Top MicroSectors FANG Index Etf Constituents

AAPLApple IncStockInformation Technology
AMZNAmazon IncStockConsumer Discretionary
BABAAlibaba Group HoldingStockConsumer Discretionary
BIDUBaidu IncStockCommunication Services
FBMeta PlatformsStockInternet Content & Information
GOOGLAlphabet Class AStockCommunication Services
NFLXNetflixStockCommunication Services
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MicroSectors FANG Target Price Odds Analysis

Attributed to a normal probability distribution, the odds of MicroSectors FANG jumping above the current price in 90 days from now is about 18.07%. The MicroSectors FANG Index probability density function shows the probability of MicroSectors FANG etf to fall within a particular range of prices over 90 days. Given the investment horizon of 90 days the etf has a beta coefficient of 3.7417. This usually indicates as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, MicroSectors FANG will likely underperform. Additionally, the company has an alpha of 0.1645, implying that it can generate a 0.16 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
  Odds Below 314.0HorizonTargetOdds Above 314.0
81.85%90 days
 314.00 
18.07%
Based on a normal probability distribution, the odds of MicroSectors FANG to move above the current price in 90 days from now is about 18.07 (This MicroSectors FANG Index probability density function shows the probability of MicroSectors Etf to fall within a particular range of prices over 90 days) .

MicroSectors FANG Top Holders

RHTXStarboard Investment TrustEtfTactical Allocation
RHRXStarboard Investment TrustEtfTactical Allocation
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MicroSectors FANG Index Risk Profiles

Investors will always prefer to have the highest possible return on investment while minimizing volatility. MicroSectors FANG market risk premium is the additional return an investor will receive from holding MicroSectors FANG long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in MicroSectors FANG. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Although MicroSectors FANG's alpha and beta are two of the key measurements used to evaluate MicroSectors FANG's performance over the market, the standard measures of volatility play an important role as well.

MicroSectors FANG Against Markets

Picking the right benchmark for MicroSectors FANG etf is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in MicroSectors FANG etf price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for MicroSectors FANG is critical whether you are bullish or bearish towards MicroSectors FANG Index at a given time. Please also check how MicroSectors FANG's historical prices are related to one of the top price index indicators.

Be your own money manager

Our tools can tell you how much better you can do entering a position in MicroSectors FANG without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.

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How to buy MicroSectors Etf?

Before investing in MicroSectors FANG, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in MicroSectors FANG. To buy MicroSectors FANG etf, you can follow these steps:
  • Choose a brokerage firm: You need to select a brokerage firm to buy shares of MicroSectors FANG. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
  • Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
  • Fund your account: You will need to deposit funds into your brokerage account to purchase MicroSectors FANG etf. You can do this by transferring funds from your bank account or other investment accounts.
  • Place your order: Once you have located MicroSectors FANG Index etf in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
  • Monitor your investment: After you have purchased MicroSectors FANG Index etf, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the etf
It's important to note that investing in stocks, such as MicroSectors FANG Index, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in etf prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. For more information on how to buy MicroSectors Etf please use our How to Invest in MicroSectors FANG guide.

Already Invested in MicroSectors FANG Index?

The danger of trading MicroSectors FANG Index is mainly related to its market volatility and ETF specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of MicroSectors FANG is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than MicroSectors FANG. The Shape ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile MicroSectors FANG Index is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
When determining whether MicroSectors FANG Index is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if MicroSectors Etf is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Microsectors Fang Index Etf. Highlighted below are key reports to facilitate an investment decision about Microsectors Fang Index Etf:
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in MicroSectors FANG Index. Also, note that the market value of any ETF could be tightly coupled with the direction of predictive economic indicators such as signals in price.
Note that the MicroSectors FANG Index information on this page should be used as a complementary analysis to other MicroSectors FANG's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Sync Your Broker module to sync your existing holdings, watchlists, positions or portfolios from thousands of online brokerage services, banks, investment account aggregators and robo-advisors..

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When running MicroSectors FANG's price analysis, check to measure MicroSectors FANG's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy MicroSectors FANG is operating at the current time. Most of MicroSectors FANG's value examination focuses on studying past and present price action to predict the probability of MicroSectors FANG's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move MicroSectors FANG's price. Additionally, you may evaluate how the addition of MicroSectors FANG to your portfolios can decrease your overall portfolio volatility.
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The market value of MicroSectors FANG Index is measured differently than its book value, which is the value of MicroSectors that is recorded on the company's balance sheet. Investors also form their own opinion of MicroSectors FANG's value that differs from its market value or its book value, called intrinsic value, which is MicroSectors FANG's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because MicroSectors FANG's market value can be influenced by many factors that don't directly affect MicroSectors FANG's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between MicroSectors FANG's value and its price as these two are different measures arrived at by different means. Investors typically determine if MicroSectors FANG is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, MicroSectors FANG's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.