Microsectors FANG+ 3x Leveraged ETNs FNGU Strategy
Strategy
The investment seeks to provide three times leveraged participation in the gross total return version of the NYSE FANG+® Index. The index, which is the same index that the FNGU ETNs are linked to, is an equally-weighted equity index that tracks the performance of 10 highly-traded growth stocks of technology and tech-enabled companies in the technology, media & communications and consumer discretionary sectors.
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FNGU
| Microsectors FANG+ 3x Leveraged ETNs | ETF | Open | — | — | $2.75B | 0.350% | — | — | — |