ETF Analysis
MicroSectors FANG+ Index -3X Inverse Leveraged ETN (FNGD) ETF Analysis
MicroSectors FANG+ Index -3X Inverse Leveraged ETN (FNGD) ETF analysis covering performance, holdings context, risk, drawdowns, volatility, momentum, dividends, valuation exposure, and the current AlgovestIQ assessment.
MicroSectors FANG+ Index -3X Inverse Leveraged ETN (FNGD) currently has an AIQ Score of 36/100, indicating a bearish setup. Quality is the strongest factor at 51/100. Risk is the weakest current factor at 2/100. Performance, momentum, risk, distribution, and exposure evidence should be read together at the latest market-close snapshot.
FNGD at a Glance
Crawlable current metrics from the latest market-close ETF snapshot.
| Metric | Current |
|---|---|
| Price | $26.30 |
| AIQ Score | 36/100 |
| Overall View | Bearish |
| Technical Analysis Consensus | Strong Sell |
| Fund Size | $405.75M |
| Expense Ratio | 0.95% |
| Holdings Count | 10 |
| NAV | $27.05 |
| Asset Class | Equity |
| Primary Exposure | Communication Services (28.63%) |
| Issuer | REX Microsectors |
| Domicile | US |
| Inception Date | Jan 25, 2018 |
| Distribution Yield | 0.00% |
| Beta | -3.56 |
| Average Volume | 2.34M |
| 52-week range | $25.25-$87.38 |
| RSI 14 | 43.84 |
| 50-Day SMA | $31.43 |
| 200-Day SMA | $47.04 |
| Risk Score | 2/100 |
| Momentum Score | 37/100 |
| Value Exposure Score | 36/100 |
FNGD
OverviewFNGD ETF Analysis Summary
MicroSectors FANG+ Index -3X Inverse Leveraged ETN (FNGD) currently has an AIQ Score of 36/100, indicating a bearish setup. Quality is the strongest factor at 51/100. Risk resilience is the weakest current factor at 2/100. Performance, exposure, distribution, momentum, and risk evidence should be read together at the latest market-close snapshot.
In a bearish regime, FNGD has AIQ Score of 36/100 with Quality base of 51/100 and fading Risk resilience at 2/100. Wait for component alignment before adding exposure.
Quality (51/100) leads while Risk resilience (2/100) lags. This cross-factor spread creates entry timing uncertainty.
Financial Services · 2.98% ETF move · FNGD classified in Asset Management - Leveraged.
Current Evidence
AlgovestIQ Evidence Summary
Current consensus, supporting evidence, recent changes, and what would strengthen or weaken the view.
Is FNGD Bullish or Bearish Right Now?
FNGD currently has a bearish overall setup. Quality is the strongest factor at 51/100, while Risk Resilience is weakest at 2/100. The current evidence suggests a defensive setup.
- - No strong bullish evidence is available in the current snapshot.
- - Value is the current constraint at 36/100.
- - Momentum is weak at 37/100.
- - Risk Resilience is weak at 2/100.
- - Price is -44.10% below its 200-day SMA.
- - Technical consensus has more sell votes than buy votes (33 vs 5).
Current Consensus
FNGD's Technical Analysis Consensus is currently Strong Sell, with 5 buy, 7 neutral, and 33 sell votes. FNGD's 14-day RSI is 43.84, which places the ETF in a weaker momentum range. FNGD's beta is -3.56, indicating lower market sensitivity than the broad market.
What Changed in FNGD?
Recent score-change history is not available in the current snapshot. These are the latest market-close scores instead.
What Would Change the FNGD Outlook?
The current bearish outlook could improve if AIQ moves above 70, momentum recovers, risk resilience improves, and price confirms a stronger trend above the 50-day and 200-day moving averages. It would weaken if AIQ falls below 40, price loses long-term moving-average support, distribution or liquidity context deteriorates, or risk evidence worsens.
AIQ > 70, RSI above 55, price above SMA-50/SMA-200, and positive market-context evidence.
AIQ below 40, RSI below 45, loss of SMA-200, negative revisions, or rising volatility and drawdown risk.
FNGD Decision Framework
Public evidence layers, setup checks, and risk context for MicroSectors FANG+ Index -3X Inverse Leveraged ETN.
MicroSectors FANG+ Index -3X Inverse Leveraged ETN (FNGD) ETF Analysis
MicroSectors FANG+ Index -3X Inverse Leveraged ETN has an AIQ Score of 36/100 in a Defensive regime. Quality is strongest at 51/100. Beta is -3.56, below market sensitivity. Review the supporting etf factors together before drawing a conclusion from any single score.
| Evidence Layer | Public Evidence |
|---|---|
| Regime Context | FNGD is in a Defensive AIQ regime with score 36/100. |
| Signal Conflict | The primary conflict is that quality leads at 51/100 while risk lags at 2/100. |
| Factor Evidence | Momentum 37/100 · Value 36/100 · Quality 51/100 · Risk 2/100 |
| Persistence | Current snapshot evidence is shown; historical persistence remains in AIQ Pro. |
Current Setup Checklist
Quality is the strongest factor at 51/100.
Momentum is 37/100 and RSI (14) is 43.8.
FNGD is in a Defensive regime at 36/100.
Risk factor is 2/100 with beta -3.56 and annual volatility 67.97%.
Current conflict: quality leads at 51/100 while risk lags at 2/100.
FNGD Research Cluster
ETF-specific paths for performance, risk, distributions, market context, data, comparisons, and news.
FNGD ETF Analytics
FNGD holdings context, yield, risk, valuation exposure, momentum, and AIQ evidence.
FNGD Technical Analysis
FNGD technical setup based on RSI, MACD, moving averages, AIQ Momentum, volume, trend, volatility, and pivots.
FNGD ETF Market Context
Track FNGD market context, news pressure, trend changes, income events, and current allocation evidence.
FNGD Distribution Analysis
FNGD distribution yield, annualized distributions, payment history, and income context.
FNGD ETF Data
FNGD available fund data, market metrics, technical readings, risk measures, and AIQ evidence.
FNGD Risk Analysis
FNGD volatility, beta, drawdown, Sharpe ratio, VaR, and downside resilience.
FNGD ETF News
FNGD ETF news, market tone, recent headlines, and catalyst context.
FNGD vs Leveraged Peers
Current peer cohort: FNGD · NVDL · QLD · SOXL · SPXL. Compare AIQ, factor scores, Sharpe ratio and 1-year volatility in one indexable view.
| Peer | AIQ | Value | Momentum | Risk | Sharpe | 1Y Volatility | Compare |
|---|---|---|---|---|---|---|---|
| FNGD Current ETF | 36/100 | 36/100 | 37/100 | 2/100 | -0.85 | 67.97% | Current |
| NVDL GraniteShares 2x Long NVDA | 51/100 | — | 64/100 | 0/100 | 0.77 | 76.70% | FNGD vs NVDL |
| QLD ProShares Ultra QQQ (2x) | 48/100 | 34/100 | 54/100 | 32/100 | 1.02 | 39.21% | FNGD vs QLD |
| SOXL Direxion Daily Semiconductor Bull 3X ETF | 45/100 | 45/100 | 34/100 | 0/100 | 1.79 | 133.79% | FNGD vs SOXL |
| SPXL Direxion Daily S&P 500 Bull 3X ETF | 48/100 | 37/100 | 56/100 | 35/100 | 1.11 | 38.51% | FNGD vs SPXL |
Peer cohort is resolved dynamically from the AlgovestIQ universe taxonomy and Compare relationship graph. Data as of Sep 4, 2026.
About the AIQ Score
Methodology for the current ETF evidence.
The AlgovestIQ AIQ Score combines multiple dimensions of ETF evidence, including momentum, valuation exposure, quality, risk resilience, sentiment context, and timing signals. It is a descriptive research score, not a guarantee of future performance or a personalized recommendation.
View AIQ methodologyFactor Diagnostics
A compact bridge from the AIQ score to the evidence tabs.
Valuation exposure across the fund's holdings.
Quality context inferred from fund exposure and available evidence.
Trend, momentum, volume, and timing confirmation.
Resilience, volatility, beta, drawdown, and tail risk.
News and event pressure around the setup.
Open the return calculator with ETF context while purchase price, shares, dates and fees remain user inputs.
AIQ Component Profile
Compare the five component scores on one consistent 0–100 scale.
Review earnings timing, revisions, news pressure, and prior event reactions in one place.
Open catalystsNo quarterly financial rows in this snapshot.
Checked Sep 5, 2026
Explore factor drivers, conflicts, persistence, and scenario sensitivity in the advanced workspace.
ETF Analytics Snapshot
Current ETF evidence uses fund profile, cost, size, distribution, momentum, and risk fields.
ETF pages use fund-native profile fields for cost, size, liquidity, holdings breadth, NAV, issuer, and launch date.
Market Confirmation
Technicals are summarized first, with the indicator library behind it.
Risk Alignment
Higher resilience is stronger; exposure metrics stay separate.
Continue Researching FNGD
Open the detailed evidence pages and workflows behind the stock overview read.
Premium Feature
Full AIQ Analysis
AIQ Intelligence
AIQ Pro for FNGD
Scenario Analysis
AIQ Scenario Builder
Portfolio Implication
Related Links
FNGD ETF FAQ
What is FNGD ETF price today?
FNGD is currently shown at $26.30. Use the live quote with the 52-week range and AIQ context before comparing funds.
What is FNGD's 52-week high and low?
FNGD's 52-week range is $25.25 to $87.38 based on the latest completed market-close snapshot from Sep 4, 2026. A price near either extreme should be evaluated with volatility and trend evidence.
Does FNGD pay a dividend?
FNGD's current distribution yield is 0.00% based on the latest completed market-close snapshot from Sep 4, 2026. For ETFs, dividend yield should be compared with expense ratio, holdings, and risk.
What should investors compare before buying FNGD?
Compare FNGD's price trend, expense profile, yield, holdings exposure, volatility, and AIQ signal. ETF decisions should focus on portfolio fit as much as current momentum.