MicroSectors FANG+ Index 3X Leveraged ETN Price & Performance (FNGU)

The MicroSectors FANG+ Index -3X Inverse ETF (FNGD) showed a 2.06% gain, closing at $16.36 on March 20. Despite this increase, trading volume dropped significantly, signaling potential caution. Analysts predict a 24.69% rise over three months, but recent sell signals from technical indicators suggest near-term volatility.123

The MicroSectors FANG+ 3X Leveraged ETN (FNGU) continues to face sell signals across multiple moving averages, including its 50-day and 100-day averages. With a 57.38% price increase over the past year, the ETF's performance reflects both opportunities and risks, particularly given its high volatility and leveraged structure.456

Leveraged ETFs like MicroSectors FANG+ Index products are drawing attention for their high-risk, high-reward nature. Products such as FNGD and FNGU have shown extreme volatility, with FNGD losing 74.8% over five years. Analysts caution investors about the structural risks of holding these products long-term.137