FNGU - MicroSectors FANG+ 3 Leveraged ETNs
FNGU offers 3x exposure to an index of FANG companies (Facebook, Apple, Amazon, Netflix, and Google), and other similar companies. Presumably, the index will always include these five companies, an index committee is responsible for selecting the additional names. At least ten stocks must be included in the index, the number it held when the note launched so investors can expect a high level of concentration.
- Sector
- Financial Services
- Industry
- Asset Management - Leveraged
- Market Cap
- $2.35B
- Beta
- 5.14
- 52-Week Range
- 13.485-34.14
- IPO Date
- Feb 24, 2025
- Exchange
- AMEX
FNGU Options Snapshot
Options pricing data for FNGU is refreshed daily after the close. When listed contracts exist, this page surfaces the latest at-the-money implied volatility, max pain strike, dealer gamma exposure (GEX), and 25-delta skew. Listed contracts and live snapshots appear once the options chain has been published by the exchange for the most recent session.
What This Page Covers
The FNGU overview links into per-metric analysis views: max pain, gamma exposure, volatility skew, expected move, options chain, open interest history, and aggregate Greeks. Microstructure data is available on short interest, short volume, fail-to-deliver, and market structure.
Frequently asked FNGU overview questions
- What is FNGU?
- FNGU is the ticker symbol for MicroSectors FANG+ 3 Leveraged ETNs, an listed exchange-traded fund. FNGU offers 3x exposure to an index of FANG companies (Facebook, Apple, Amazon, Netflix, and Google), and other similar companies. Presumably, the index will always include these five companies, an index committee is responsible for selecting the additional names. Listed on AMEX. FNGU is the ETF ticker shown on this page; ETF traders use the fund for diversified exposure to its underlying basket, for sector and factor rotation, and for hedging or replication strategies via the listed options chain.
- What are FNGU's key statistics?
- MicroSectors FANG+ 3 Leveraged ETNs (FNGU) carries a market capitalization of $2.35B, 52-week range of 13.485-34.14. Full holdings disclosure, expense ratio, and tracking-error history live on the per-ticker fundamentals page or the sponsor's site; daily NAV and premium/discount-to-NAV are accessible from the same view. These structural inputs frame how the ETF options market prices implied volatility relative to its constituents.
- What sector or industry does FNGU belong to?
- MicroSectors FANG+ 3 Leveraged ETNs operates in the Financial Services sector, in the Asset Management - Leveraged industry. Sector classification affects how the ticker correlates with sector ETFs, how it reacts to macro factors like rate moves and commodity prices, and how its options pricing compares to sector peers. Compare FNGU's implied volatility and skew against sector benchmarks to gauge whether the options market is pricing single-name or systemic risk relative to the broader peer group.
- How current is the FNGU data on this page?
- Options snapshots refresh after each trading session; if no snapshot is currently posted for FNGU, it usually reflects low options liquidity or a recently listed name. Fund-level fields (sponsor, expense ratio, holdings concentration where available) refresh from the vendor feed nightly. ETF-specific filings (N-CSR, N-PX, N-CEN) update on the SEC EDGAR cadence. FINRA microstructure data refreshes on the source's cadence; for ETFs the off-exchange volume signal is dominated by authorized-participant creation and redemption rather than directional flow.