MicroSectors FANG+ Index -3X Inverse Leveraged ETN Price & Performance (FNGD)

Gold mining stocks have soared over 35% so far in 2025, outpacing broader markets. Key drivers include new U.S. tariffs, inflation concerns, and ongoing Federal Reserve rate cuts. Central bank gold purchases and increased demand from the AI sector are also fueling the rally, boosting miners' profits and investor interest.1

The MicroSectors FANG+ Index 2X Leveraged ETF fell 0.62% to $62.39, following a negative technical outlook and a recent downgrade to a strong sell. Analysts expect further declines, with a possible 40% drop over the next quarter, citing weak signals and high volatility as key risks for investors.2

Leveraged ETFs, designed to amplify index movements, offer significant gain potential but expose investors to greater losses. Financial analysts caution these products are best suited for experienced traders, as daily rebalancing and higher fees can erode returns, making them unsuitable for long-term strategies.3