Trading--Inverse Equity · NYSE ARCA · USD · Data as of 2026-05-15
AUM
$67.85M
Expense ratio
0.95%
Yield
0.00%
YTD return
-13.91%
Last price
$35.51
Leveraged · Coverage 50% · low
Today
27.6
Outlook
24.1
Block A (composite-derived)
28.1
Block C (market behavior)
43.1
Today overlay (Block D)
-15.0
Outlook overlay (Block D)
-15.0
today_score = clip(0,100, 50 + 0.15·(A−50) + 0.60·(C−50) + D_today). Block B (holdings rollup) is in Phase 3 development; β=0 caps the natural range at ~12.5–87.5 in Preview v0.9. Formula version tide-etf-v1.0.0.
28.1
Coverage 50% · low
Liquidity
—
Expenses
45.0
Performance
—
Volatility
43.8
Dividend
7.2
Concentration
0.0
Smart Money
—
Activist
—
Formula version composite-v1.0.0. Axes hover to see why a sub-score is missing.
MicroSectors FANG+ Index -3X Inverse Leveraged ETN (FNGD) is an exchange-traded fund from BMO Capital Markets in the Mixed asset class. Launched in 2018. Assets under management: 67,845,328.
Bullish Whales composite rating: 28 out of 100. Evidence coverage 50% across 4 of 8 axes. Strongest axes: expenses, volatility, dividend.
Annualized one-year realized volatility 61%, classified high. Weakest axes: concentration, dividend.
Top-10 weight 1%, diversified, led by AVGO.
etf_composite_score_current · composite_score, concentration_score, confidence, coverage_pct, dividend_score, expenses_score, volatility_scoreetf_holdings_top10 · holding_symbol, weightetf_universe · asset_class, aum_usd, fund_type, inception_date, issuer, name, ticker, volatility_1yThe MicroSectors FANG+ Index -3X Inverse Leverage ETN is a financial instrument designed to provide traders with the opportunity to capitalize on day-to-day inverse movements of the FANG+ Index. This index tracks a group of highly influential and globally recognized technology and innovation companies such as Facebook, Apple, Amazon, Netflix, Google, plus leading companies in emerging technological spheres. The ETN is structured to deliver approximately three times the inverse of the daily performance of the index, making it a highly volatile tool appropriate for strategic short-term trading. It provides exposure to popular, high-growth companies, appealing to investors who anticipate declines in this sector's market value. As an Exchange-Traded Note (ETN), it differs from ETFs by being unsecured debt obligations rather than equity interests, emphasizing the importance of understanding the issuer's creditworthiness. This product plays a significant role in the market by offering a mechanism for investors to hedge or speculate on market downturns specific to high-caliber tech stocks, reflecting broader trends in innovation-driven industries.
Net AUM change history is not yet available for this ETF. Fund-flow time series is a Phase B deliverable.
Current AUM: $67,845,328. AUM change is computed from rolling daily fundamentals snapshots; it reflects total net-asset deltas (creations/redemptions + market value moves), not pure share creations.
Fund documents (fact sheets, prospectuses, semi-annual reports) for FNGD are coming soon. The BW fund-document archive will surface PDFs alongside a metadata index for searchability.