ATLASMicroSectors FANG+ ETN (FNGS): outlook, holdings and fees
MicroSectors FANG+ ETN (FNGS) is an exchange-traded fund and is managed by BMO Capital Markets. The expense ratio is 0.60% and the yield is 0.00%. The ten largest holdings are 100% of the fund.
Fund data as of Oct 14, 2026 · Price Nov 2, 2026
ATLAS view on FNGS
| Last price | $76.12 (+0.7%) |
|---|---|
| ATLAS chance of a higher price in 1 month | 52% |
| Likely 1-month range (50%) | $73.01 – $79.84 |
| Normal 1-day range (±1σ) | ±1.5% |
| Distribution yield | 0.00% |
ATLAS probabilities use the same calibrated model as every stock page. A fair value is shown for companies, not funds; the holdings below link to the fair value of each company.
FNGS fund facts
| Issuer | BMO Capital Markets |
|---|---|
| Theme | Other strategies |
| Assets under management | $630M |
| Expense ratio | 0.60% |
| Number of holdings | 10 |
| Portfolio turnover | 0% |
| Inception | Nov 12, 2019 |
| Exchange | NYSE |
The index is an equal-dollar weighted index designed to represent a segment of the technology and consumer discretionary sectors consisting of highly-traded growth stocks of technology and tech-enabled companies. The notes are unsecured and unsubordinated obligations of Bank of Montreal. Each note will have an initial principal amount of $50.
FNGS top holdings
| Holding | Sector | Weight |
|---|---|---|
| Palantir Technologies Inc. PLTR | Technology | 11.53% |
| Micron Technology Inc MU | Technology | 10.57% |
| Microsoft Corporation MSFT | Technology | 9.80% |
| NVIDIA Corporation NVDA | Technology | 9.70% |
| Meta Platforms Inc. META | Communication Services | 10.41% |
| Amazon.com Inc AMZN | Consumer Cyclical | 9.69% |
| Broadcom Inc AVGO | Technology | 9.71% |
| Alphabet Inc Class A GOOGL | Communication Services | 9.94% |
| Apple Inc. AAPL | Technology | 9.53% |
| Netflix Inc NFLX | Communication Services | 8.64% |
Holdings with an ATLAS page link to their probability range, fair value and earnings calendar.
FNGS sector breakdown
| Sector | Weight |
|---|---|
| Technology | 60.9% |
| Communication Services | 29.2% |
| Consumer Cyclicals | 9.8% |
By region: North America 100.0%.
FNGS returns and risk
| Year to date | +23.9% |
|---|---|
| 1 year | +23.2% |
| 3 years (annualised) | +34.1% |
| 5 years (annualised) | +21.6% |
| 10 years (annualised) | 0.0% |
| Volatility (3 years) | 21.1% |
| Sharpe ratio (3 years) | 1.41 |
Past returns do not guarantee future results.
FNGS: frequently asked questions
What does FNGS invest in?
MicroSectors FANG+ ETN invests in a portfolio of securities. Its largest holdings are Palantir Technologies Inc. (11.5%), Micron Technology Inc (10.6%), Microsoft Corporation (9.8%), NVIDIA Corporation (9.7%), Meta Platforms Inc. (10.4%).
What is the FNGS expense ratio?
0.60% a year: about $60.00 for every $10,000 invested.
What is the FNGS dividend yield?
0.00%. ATLAS does not hold the exact distribution dates for ETFs.
Will FNGS go up?
Nobody can know. The ATLAS model puts the chance of a higher price in one month at 52%, with a likely range (50%) of $73.01 to $79.84 from $76.12 today. It is a probability, not a prediction.
How has FNGS performed?
Year to date +23.9%, one year +23.2%, three years +34.1% a year, five years +21.6% a year. Past returns do not guarantee future results.
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Educational information, not investment advice. Disclaimer