Trade MicroSectors FANG+ Index -3X Inverse Leveraged ETN - FNGD CFD

Trading Conditions

• Type: CFD
• Spread: 0.22
• Long position overnight funding adjustment: -0.02157%
• Short position overnight funding adjustment: -0.00065%
• Overnight funding adjustment time: 21:00 (UTC)
• Currency: USD
• Min traded quantity: 1
• Margin: 5.00%
• Stock exchange: United States of America
• Commission on trade: 0%
• Guaranteed stop premium: 1%

Key Stats

• Prev. Close: 76.87
• Open: 79.31
• 1-Year Change: 401.01%
• Day's Range: 78.68 - 82.37

What is MicroSectors FANG+ Index -3X Inverse Leveraged ETN (FNGD)?

MicroSectors FANG+ Index -3X Inverse Leveraged ETN is a financial product designed to provide leveraged inverse exposure to the NYSE FANG+ Index. This exchange-traded note (ETN) aims to deliver three times the inverse daily performance of an index that tracks a group of highly traded technology and tech-enabled companies. The product is structured to allow investors to gain inverse exposure, meaning it is intended to move opposite to the underlying index on a daily basis, amplified by a factor of three. ETNs are unsecured debt obligations issued by financial institutions, and their value depends on the creditworthiness of the issuer as well as the performance of the underlying index. Such leveraged inverse products are typically used by sophisticated investors for hedging or speculative purposes and involve higher risk due to leverage and daily reset features. The MicroSectors FANG+ Index -3X Inverse Leveraged ETN is part of a broader category of exchange-traded products that provide targeted exposure to specific market segments or strategies.

MicroSectors FANG+ Index -3X Inverse Leveraged ETN Stock Price Today: Live Overview

The price today is shaped by current trading fluctuations, with MicroSectors FANG+ Index -3X Inverse Leveraged ETN now at $82.44. The intraday range has been from $78 to $82.7, with a daily change of 0%.

FAQ: MicroSectors FANG+ Index -3X Inverse Leveraged ETN (FNGD)

What is the current price of FNGD stock?

The current price stands at $82.44.

Does FNGD pay dividends?

This fund does not pay dividends.

Does FNGD have a formal corporate presence or regional headquarters in the UAE?

The company has no official UAE office and operates through local partners.

What is FNGD best known for?

This fund is most famous for providing triple inverse leveraged exposure to the FANG+ index.

What assets are typically shown together with FNGD?

Commonly shown alongside FNGD: Darling Ingredients Inc, McBride PLC, Fugro