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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.

FNGD ETF Analysis Summary

MicroSectors FANG+ Index -3X Inverse Leveraged ETN (FNGD) currently has an AIQ Score of 48/100, indicating a neutral setup. Momentum is the strongest factor at 73/100. Risk is the weakest current factor at 1/100. Performance, momentum, risk, distribution, and exposure evidence should be read together at the latest market-close snapshot.

Updated Oct 24, 2026 · Market-close data

FNGD at a Glance

Crawlable current metrics from the latest market-close ETF snapshot.

MetricCurrent
Price$28.15
AIQ Score48/100
Overall ViewNeutral
Technical Analysis ConsensusBuy
Fund Size$1.84B
Expense Ratio0.95%
Holdings Count10
NAV$27.95
Asset ClassEquity
Primary ExposureTechnology (61.30%)
IssuerREX Microsectors
DomicileUS
Inception DateJan 25, 2018
Distribution Yield—
Beta-3.58
Average Volume430.08K
52-week range$22.52-$87.38
RSI 1469.32
50-Day SMA$25.86
200-Day SMA$42.85
Risk Score1/100
Momentum Score73/100
Value Exposure Score48/100
As of Oct 24, 2026 · Market close

FNGD Long-Horizon ETF Performance

Trailing returns, growth of $10,000, drawdown history, and calendar-year returns from available daily closes.

History available
Oct 26, 2021 to Oct 23, 2026
$10,000 became
$73.31
Worst drawdown shown
-99.74%
PeriodTotal returnAnnualizedMax drawdownStart date
1Y-42.20%-42.22%-73.50%Oct 23, 2025
3Y-97.07%-69.18%-97.94%Oct 23, 2023
5Y-99.27%-62.65%-99.75%Oct 26, 2021
10Y-99.27%-62.65%-99.75%Oct 26, 2021

Growth of $10,000

Indexed to the first available close in this history window.

Drawdown History

Peak-to-trough decline from each prior high over the available window.

Calendar-Year Returns

Full-year returns where available, with the current calendar year shown as YTD.

Price-return view based on available daily close history; distributions are not reinvested unless already reflected in the source series.

FNGDMicroSectors FANG+ Index -3X Inverse Leveraged ETN

Financial Services / Asset Management - Leveraged

Low Priority

In Line With Peers

NeutralEdge 4/10
$28.15+$0.19 (+0.68%)

Latest quote

  • Momentum
    73
  • Value
    48
  • Quality
    50
  • Risk resilience
    1
  • Sentiment
    —
algovestiq.comScore data as of Oct 23, 2026

FNGD ETF Analysis Summary

MicroSectors FANG+ Index -3X Inverse Leveraged ETN (FNGD) currently has an AIQ Score of 48/100, indicating a neutral setup. Momentum is the strongest factor at 73/100. Risk resilience is the weakest current factor at 1/100. Performance, exposure, distribution, momentum, and risk evidence should be read together at the latest market-close snapshot.

Updated Oct 23, 2026 · Market-close data
AIQ Composite Posture: Mixed

In a neutral regime, FNGD has AIQ Score of 48/100 with Momentum base of 73/100 and fading Risk resilience at 1/100. Wait for component alignment before adding exposure.

Signal Conflict Detected

Momentum (73/100) leads while Risk resilience (1/100) lags. This cross-factor spread creates entry timing uncertainty.

Financial Services · 0.68% ETF move · FNGD classified in Asset Management - Leveraged.

Current Evidence

NeutralFNGD is in a neutral AIQ regime; Momentum is the strongest visible factor at 73/100.
Core coverage reflects visible evidence only

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 neutral overall setup. Momentum is the strongest factor at 73/100, while Risk Resilience is weakest at 1/100. The current evidence suggests a mixed rather than strongly bullish or bearish setup.

Bull Case
  • - Momentum is constructive at 73/100.
  • - Price is +8.86% above its 50-day SMA.
  • - Technical consensus has more buy votes than sell votes (32 vs 11).
Bear Case
  • - Risk Resilience is weak at 1/100.
  • - Price is -34.31% below its 200-day SMA.

Current Consensus

FNGD's Technical Analysis Consensus is currently Buy, with 32 buy, 2 neutral, and 11 sell votes. FNGD's 14-day RSI is 69.32, which places the ETF in a constructive momentum range. FNGD's beta is -3.58, indicating lower market sensitivity than the broad market.

Signal Confidence
High agreement

What Changed in FNGD?

The largest recent change in FNGD is Momentum moving up by 28.0 points over the available 7-day comparison window. Momentum remains the strongest visible factor.

AIQ Score
+7.0
Momentum
+28.0
Quality
+0.0
Risk
-2.0

What Would Change the FNGD Outlook?

The current neutral 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.

Bullish confirmation

AIQ > 70, RSI above 55, price above SMA-50/SMA-200, and positive market-context evidence.

Bearish deterioration

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 48/100 in a Neutral regime. Momentum is strongest at 73/100. Beta is -3.58, below market sensitivity. Review the supporting etf factors together before drawing a conclusion from any single score.

Evidence LayerPublic Evidence
Regime ContextFNGD is in a Neutral AIQ regime with score 48/100.
Signal ConflictThe primary conflict is that momentum leads at 73/100 while risk lags at 1/100.
Factor EvidenceMomentum 73/100 · Value 48/100 · Quality 50/100 · Risk 1/100
PersistenceCurrent snapshot evidence is shown; historical persistence remains in AIQ Pro.

Current Setup Checklist

Factor strengthPass

Momentum is the strongest factor at 73/100.

TimingPass

Momentum is 73/100 and RSI (14) is 69.3.

Regime fitWait

FNGD is in a Neutral regime at 48/100.

Risk controlFail

Risk factor is 1/100 with beta -3.58 and annual volatility 68.74%.

ConflictWait

Current conflict: momentum leads at 73/100 while risk lags at 1/100.

AIQ Score
48/100
Price
$28.15
Beta
-3.58
RSI (14)
69.3

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.

Fund size
$1.84B
Expense ratio
0.95%
Distribution yield
—
View FNGD ETF analytics

FNGD Technical Analysis

FNGD technical setup based on RSI, MACD, moving averages, AIQ Momentum, volume, trend, volatility, and pivots.

Technical Analysis Consensus
Buy
RSI 14
69.32
Price vs SMA-50
+8.86%
View full FNGD technical analysis

FNGD ETF Market Context

Track FNGD market context, news pressure, trend changes, income events, and current allocation evidence.

AIQ Score
48/100
Momentum
73/100
Primary exposure
Technology (61.30%)
View FNGD ETF context

FNGD Distribution Analysis

FNGD distribution yield, annualized distributions, payment history, and income context.

Dividend yield
—
Annual dividend
—
Frequency
—
View FNGD distribution history

FNGD ETF Data

FNGD available fund data, market metrics, technical readings, risk measures, and AIQ evidence.

Issuer
REX Microsectors
Holdings
10
NAV
$27.95
View FNGD ETF data

FNGD Risk Analysis

FNGD volatility, beta, drawdown, Sharpe ratio, VaR, and downside resilience.

Beta
-3.58
Risk score
1/100
Average volume
430.08K
View FNGD risk analysis

FNGD ETF News

FNGD ETF news, market tone, recent headlines, and catalyst context.

News items
0
Updated
—
Sentiment
—
Read FNGD ETF news

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.

PeerAIQValueMomentumRiskSharpe1Y VolatilityCompare
FNGD
Current ETF
48/10048/10073/1001/100-0.5568.74%Current
NVDL
GraniteShares 2x Long NVDA Daily ETF
36/100—23/1000/1000.4275.69%FNGD vs NVDL
QLD
ProShares Ultra QQQ (2x)
39/10035/10027/10020/1000.6540.04%FNGD vs QLD
SOXL
Direxion Daily Semiconductor Bull 3X ETF
35/10034/1008/1000/1001.24136.91%FNGD vs SOXL
SPXL
Direxion Daily S&P 500 Bull 3X ETF
41/10038/10030/10028/1000.7838.36%FNGD vs SPXL
Pairwise Compare links: NVDL · QLD · SOXL · SPXLFNGD vs NVDLFNGD vs QLDFNGD vs SOXLFNGD vs SPXLCompare cohort

Peer cohort is resolved dynamically from the AlgovestIQ universe taxonomy and Compare relationship graph. Data as of Oct 23, 2026.

About the AIQ Score

Methodology for the current ETF evidence.

As of Oct 24, 2026 · Market close

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 methodology

Factor Diagnostics

A compact bridge from the AIQ score to the evidence tabs.

Value
48/100

Valuation exposure across the fund's holdings.

Quality
50/100

Quality context inferred from fund exposure and available evidence.

Technicals
73/100

Trend, momentum, volume, and timing confirmation.

Risk
1/100

Resilience, volatility, beta, drawdown, and tail risk.

Sentiment
—

News and event pressure around the setup.

Calculator
Calculate a FNGD ETF return scenario

Open the return calculator with ETF context while purchase price, shares, dates and fees remain user inputs.

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AIQ Component Profile

Compare the five component scores on one consistent 0–100 scale.

Catalyst preview

Review earnings timing, revisions, news pressure, and prior event reactions in one place.

Open catalysts
Quarterly evidence

No quarterly financial rows in this snapshot.

Checked Oct 25, 2026

AIQ Pro

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.

Price
$28.15
As of Oct 23, 2026
Fund size
$1.84B
Expense ratio
0.95%
Distribution yield
—
REX Microsectors ETF evidence

ETF pages use fund-native profile fields for cost, size, liquidity, holdings breadth, NAV, issuer, and launch date.

Review ETF analytics
Holdings
10
NAV
$27.95
Average volume
430.08K
Inception
Jan 25, 2018
Asset class
Equity
Primary exposure
Technology (61.30%)
Beta
-3.58
Momentum score
73/100

Market Confirmation

Technicals are summarized first, with the indicator library behind it.

Trend
Mixed
Momentum
Bullish
RSI 14
69.32
MACD
0.31

Risk Alignment

Higher resilience is stronger; exposure metrics stay separate.

Resilience
1/100
Beta
-3.58
Annual volatility
68.74%
Max drawdown
-73.50%

Continue Researching FNGD

Open the detailed evidence pages and workflows behind the stock overview read.

Premium Feature

Full AIQ Analysis

Deep dive into factor scores, timing signals, and component breakdowns.
Explore Analysis

AIQ Intelligence

AIQ Pro for FNGD

Open the full AIQ workspace for advanced drivers, risks, opportunities, and supporting evidence.
Open AIQ Pro

Scenario Analysis

AIQ Scenario Builder

Bull, base, and bear cases with editable revenue growth, margins, and exit P/E. Estimates implied 5-year return range and CAGR from today's price.
Open Scenario Builder
Fundamentals
Financial metrics
Technicals
Technical indicators
Risk Analysis
Risk metrics
Catalysts
Earnings, news, and revisions
Dividends
Yield and distribution history
Financial Data
Quarterly statement evidence
Recent News
See all news
Sentiment —
No recent news found for FNGD

Portfolio Implication

FNGD currently shows elevated risk sensitivity. Beta is -3.58, below market sensitivity. Annual volatility is 68.74%.
Portfolio OptimizerRelated Portfolio ScenarioOptimize Allocation Guide

Related Links

FNGD ETF FAQ

What is FNGD ETF price today?

FNGD is currently shown at $28.15. 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 $22.52 to $87.38 based on the latest completed market-close snapshot from Oct 23, 2026. A price near either extreme should be evaluated with volatility and trend evidence.

Does FNGD pay a dividend?

If FNGD has a distribution yield or dividend history in the current data, it appears on the dividends tab. 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.