Trade MicroSectors FANG+ Index -3X Inverse Leveraged ETN - FNGD CFD
Add to favourite- Summary
- Historical Data
| Spread | 0.14 | ||||||||
|
Long position overnight fee
Long position overnight funding adjustment
Go to platform | -0.02629% | ||||||||
|
Short position overnight fee
Short position overnight funding adjustment
Go to platform | 0.004068% | ||||||||
| Overnight fee time | 21:00 (UTC) | ||||||||
| Min traded quantity | 0.1 | ||||||||
| Currency | USD | ||||||||
| Margin | 5.00% | ||||||||
| Stock exchange | United States of America | ||||||||
| Commission on trade | 0% |
| Prev. Close | 26.99 |
| Open | 26.7 |
| 1-Year Change | 217.86% |
| Day's Range | 26.11 - 27.18 |
- Last Week
- Last Month
- Last Year
- Last two Years
- Max
- Daily
- Weekly
- Monthly
| Date | Close | Change | Change (%) | Open | High | Low |
|---|---|---|---|---|---|---|
| Jul 26, 2024 | 26.65 | 0.39 | 1.49% | 26.26 | 27.27 | 25.99 |
| Jul 25, 2024 | 27.11 | 0.59 | 2.22% | 26.52 | 28.58 | 25.17 |
| Jul 24, 2024 | 26.64 | 1.73 | 6.95% | 24.91 | 26.73 | 24.75 |
| Jul 23, 2024 | 22.84 | -0.03 | -0.13% | 22.87 | 22.98 | 22.22 |
| Jul 22, 2024 | 23.01 | -0.46 | -1.96% | 23.47 | 23.73 | 22.57 |
| Jul 19, 2024 | 24.54 | 0.86 | 3.63% | 23.68 | 24.67 | 23.16 |
| Jul 18, 2024 | 23.69 | 1.13 | 5.01% | 22.56 | 24.21 | 22.56 |
| Jul 17, 2024 | 23.41 | 0.85 | 3.77% | 22.56 | 23.61 | 22.42 |
| Jul 16, 2024 | 21.31 | 0.52 | 2.50% | 20.79 | 21.92 | 20.58 |
| Jul 15, 2024 | 21.16 | 0.27 | 1.29% | 20.89 | 21.47 | 20.16 |
| Jul 12, 2024 | 21.38 | -0.49 | -2.24% | 21.87 | 22.12 | 20.76 |
| Jul 11, 2024 | 21.32 | 1.97 | 10.18% | 19.35 | 21.68 | 19.17 |
| Jul 10, 2024 | 19.31 | -0.22 | -1.13% | 19.53 | 20.00 | 19.16 |
| Jul 9, 2024 | 19.74 | 0.02 | 0.10% | 19.72 | 20.01 | 19.45 |
| Jul 8, 2024 | 19.87 | -0.08 | -0.40% | 19.95 | 20.29 | 19.59 |
| Jul 5, 2024 | 19.89 | -0.64 | -3.12% | 20.53 | 20.61 | 19.82 |
| Jul 3, 2024 | 20.73 | -1.06 | -4.86% | 21.79 | 21.83 | 20.73 |
| Jul 2, 2024 | 21.81 | -1.15 | -5.01% | 22.96 | 23.03 | 21.80 |
| Jul 1, 2024 | 22.95 | -1.22 | -5.05% | 24.17 | 24.74 | 22.92 |
| Jun 28, 2024 | 24.63 | 0.79 | 3.31% | 23.84 | 24.69 | 23.15 |
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).
- 1:1
- 20
- 100
- 500
- 1000
- 10000
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
News
How to manage risk when trading
Learn what risk management is and find out how understanding about it could help you identify potential risks in your investment portfolio. Find out more.
06:57, 22 July 2024
ECB preview: lack of new data sees markets expecting a hold
Markets expect the ECB to keep rates unchanged in July but expectations for a September cut rise
13:13, 18 July 2024
What is an IPO and how does it work?
Learn about what an IPO is, why they are important, and how they work.
07:19, 10 July 2024
What are the biggest stock exchanges worldwide?
Discover the largest stock exchanges in the world by market capitalisation, including the Nasdaq Stock Market, the New York Stock Exchange and the London Stock Exchange.
12:44, 9 July 2024
Top ETFs
ETFs, or exchange-traded funds, offer traders a versatile gateway into the financial markets.
16:23, 8 July 2024
Lloyds forecast: will Lloyds share price return to £1? Third party data forecast
What’s next for Lloyds amid higher inflation and the start of a potential recessionary cycle in the UK?
14:00, 8 July 2024
RBNZ Preview: OCR expected to remain unchanged as central bank focuses on inflation
The Reserve Bank of New Zealand meets on Wednesday, July 10, 2024. We preview what to expect from the meeting and its possible impact on the NZD/USD.
13:25, 8 July 2024People also watch
Still looking for a broker you can trust?
Join the 630,000+ traders worldwide that chose to trade with Capital.com