MicroSectors Solactive FANG Innovation 3X Leveraged ETNs Price & Performance (BULZ)

Shares of the MicroSectors FANG & Innovation -3x Inverse Leveraged ETN (BERZ) rose 2.7% recently, trading at $15.04. Despite a reduced trading volume, the fund has shown resilience, leveraging its inverse exposure to tech stocks. This performance reflects growing concerns over economic uncertainties and potential tariff impacts.12

The MicroSectors FANG+ Index 3X Leveraged ETN (FNGA) is priced at $426.69, with its 10-day moving average at $419. Despite its focus on major tech stocks, the fund's performance has been hindered by broader market pressures, including tech sector volatility and investor caution.34

Leveraged ETFs, such as BERZ and FNGD, have delivered strong returns recently, with BERZ gaining 20.82% last week. These funds capitalize on market downturns, particularly in the tech sector, as investors react to economic uncertainties and policy changes, including proposed trade tariffs.25