CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 82.12% of retail investor accounts lose money when trading CFDs. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money

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

12.45
9.02%
  • Summary
  • Historical Data
Trading сonditions
Spread 0.13
Long position overnight fee

Long position overnight funding adjustment


Margin. Your investment $1,000.00
Overnight funding adjustment -0.023512 %
Charges from full value of position ($-4.47)
Trade size with leverage ~ $20,000.00
Money from leverage ~ $19,000.00

Go to platform
-0.023512%
Short position overnight fee

Short position overnight funding adjustment


Margin. Your investment $1,000.00
Overnight funding adjustment 0.00129 %
Charges from full value of position ($0.25)
Trade size with leverage ~ $20,000.00
Money from leverage ~ $19,000.00

Go to platform
0.00129%
Overnight fee time 22:00 (UTC)
Min traded quantity 1
Currency USD
Margin 5.00%
Stock exchange United States of America
Commission on trade 0%

Key Stats
Prev. Close 11.42
Open 11.46
1-Year Change 172.86%
Day's Range 11.46 - 12.51
  • Last Week
  • Last Month
  • Last Year
  • Last two Years
  • Max
  • Daily
  • Weekly
  • Monthly
Date Close Change Change (%) Open High Low
Feb 21, 2025 12.45 0.97 8.45% 11.48 12.53 11.41
Feb 20, 2025 11.42 0.19 1.69% 11.23 11.79 11.23
Feb 19, 2025 11.09 -0.03 -0.27% 11.12 11.45 11.06
Feb 18, 2025 11.03 0.22 2.04% 10.81 11.32 10.77
Feb 14, 2025 10.82 -0.19 -1.73% 11.01 11.14 10.76
Feb 13, 2025 10.93 -0.49 -4.29% 11.42 11.56 10.90
Feb 12, 2025 11.42 -0.35 -2.97% 11.77 11.87 11.35
Feb 11, 2025 11.38 -0.16 -1.39% 11.54 11.65 11.25
Feb 10, 2025 11.33 -0.26 -2.24% 11.59 11.60 11.19
Feb 7, 2025 11.86 0.49 4.31% 11.37 11.94 11.19
Feb 6, 2025 11.40 -0.17 -1.47% 11.57 11.69 11.38
Feb 5, 2025 11.63 -0.35 -2.92% 11.98 12.10 11.60
Feb 4, 2025 11.79 -0.37 -3.04% 12.16 12.24 11.77
Feb 3, 2025 12.35 -0.44 -3.44% 12.79 12.87 12.12
Jan 31, 2025 12.05 0.30 2.55% 11.75 12.15 11.42
Jan 30, 2025 12.15 0.21 1.76% 11.94 12.55 11.71
Jan 29, 2025 11.75 0.22 1.91% 11.53 12.12 11.52
Jan 28, 2025 11.42 -1.05 -8.42% 12.47 12.77 11.30
Jan 27, 2025 12.72 -0.30 -2.30% 13.02 13.08 12.23
Jan 24, 2025 11.47 0.23 2.05% 11.24 11.64 11.09

Trading calculator

Calculate your hypothetical P&L if you had opened a CFD trade on a certain date (select a date) and closed on a different date (select a date).

Trade commission
0
  • 1:1
  • 2:1
  • 3:1
  • 5:1
  • 10:1
  • 20:1
Leverage
20:1
  • 20
  • 100
  • 500
  • 1000
  • 10000
Investment
Trade size (Leverage x Investement):
Open

Close

Short Long

For the avoidance of doubt, this calculation does not include the costs of holding a position overnight (for which there will be additional charges)

MicroSectors FANG+ Index -3X Inverse Leveraged ETN Company profile

The term MicroSectors indicates concentrated exposure to 10 stocks in a given sub-sector, or ‘micro sector’. The Microsectors FANG+ Index tracks the prices of some of the highly traded, popular technology-based growth stocks.

The acronym FANG relates to the top five core company stocks namely, Facebook, Apple, Amazon, Netflix and Google (now referred to as Alphabet Inc.). In addition to these companies, the other five constituents of the Microsectors FANG+ Index are Alibaba, Baidu, NVIDIA, Tesla and Twitter.

A means to a leveraged short-term trade in volatile markets, Exchange-traded notes (ETNs) are unsecured, senior debt security by an underwriting bank. ETNs are constructed with the intent to facilitate daily trading for experienced investors.

Within the category of leveraged equities, the FNGD ETN was launched on 22 January 2018. Tracking the daily performance of the NYSE FANG+ Index, FNGD offers experienced investors, a platform for three-times leveraged participation in the daily performance of the index. The returns on this ETN attract certain charges and fees as well.

Considering FNGD is a 3X ETN, it is indicative of being exposed to three times the risk of volatility in the underlying index. It remains extremely sensitive to the changes in the index and subject to the daily market fluctuations, the returns of the ETN could be adversely impacted on a daily or intraday basis. Hence, it is not recommended for novice traders.

On 15 February 2022, the Microsectors FANG+ Index – 3X Inverse Leveraged ETNs (FNGD) opened at $48.91. Within the intraday trading, it fluctuated to the high of $49.40 and low of $46.65. At a close price of $47.01 on 15 February 2022, compared to the close price of $51.84 as of 14 February 2022, the ETN has plummeted by 9.31%.

However, in the month of February alone, the FNGD ETN has rallied by 5.78%. On 1 February 2022, FNGD had closed at $44.44, while fluctuating to an intra-day high and low of $47.63 and $44.40, respectively. 

The data from Capital.com showed 100% bullish and 0% bearish trader sentiment. The data was calculated automatically, based on open positio

Industry: Banks (NEC)

1 First Canadian Place
TORONTO
ONTARIO M5X 1A1
CA

People also watch

BTC/USD

95,683.75 Price
-0.070% 1D Chg, %
Long position overnight fee -0.0616%
Short position overnight fee 0.0137%
Overnight fee time 22:00 (UTC)
Spread 50.00

US100

21,719.20 Price
+0.590% 1D Chg, %
Long position overnight fee -0.0235%
Short position overnight fee 0.0013%
Overnight fee time 22:00 (UTC)
Spread 1.8

ETH/USD

2,699.02 Price
-3.850% 1D Chg, %
Long position overnight fee -0.0616%
Short position overnight fee 0.0137%
Overnight fee time 22:00 (UTC)
Spread 1.75

XRP/USD

2.48 Price
-3.830% 1D Chg, %
Long position overnight fee -0.0616%
Short position overnight fee 0.0137%
Overnight fee time 22:00 (UTC)
Spread 0.01236

Still looking for a broker you can trust?

Join the 690,000+ traders worldwide that chose to trade with Capital.com

1. Create & verify your account 2. Make your first deposit 3. You’re all set. Start trading