ATLASMicroSectors FANG+ 3X Leveraged ETN (FNGU): outlook, holdings and fees
MicroSectors FANG+ 3X Leveraged ETN (FNGU) is an exchange-traded fund and is managed by BMO Capital Markets. The expense ratio is 0.94% and the yield is 0.00%. The ten largest holdings are 101% of the fund.
Fund data as of Oct 14, 2026 · Price Nov 2, 2026
ATLAS view on FNGU
| Last price | $26.12 (+0.2%) |
|---|---|
| ATLAS chance of a higher price in 1 month | 46% |
| Likely 1-month range (50%) | $22.48 – $29.25 |
| Normal 1-day range (±1σ) | ±4.5% |
| 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.
FNGU fund facts
| Issuer | BMO Capital Markets |
|---|---|
| Theme | Leveraged |
| Assets under management | $6.9B |
| Expense ratio | 0.94% |
| Number of holdings | 10 |
| Portfolio turnover | 0% |
| Inception | Jan 22, 2018 |
| Exchange | NYSE |
The index, which is the same index that the FNGU ETNs are linked to, is an equally-weighted equity index that tracks the performance of 10 highly-traded growth stocks of technology and tech-enabled companies in the technology, media & communications and consumer discretionary sectors.
FNGU top holdings
| Holding | Sector | Weight |
|---|---|---|
| Palantir Technologies Inc. PLTR | Technology | 11.67% |
| Micron Technology Inc MU | Technology | 10.16% |
| Microsoft Corporation MSFT | Technology | 10.66% |
| NVIDIA Corporation NVDA | Technology | 10.41% |
| Meta Platforms Inc. META | Communication Services | 9.92% |
| Amazon.com Inc AMZN | Consumer Cyclical | 9.75% |
| Broadcom Inc AVGO | Technology | 10.35% |
| Alphabet Inc Class A GOOGL | Communication Services | 9.21% |
| Apple Inc. AAPL | Technology | 9.73% |
| Netflix Inc NFLX | Communication Services | 8.68% |
Holdings with an ATLAS page link to their probability range, fair value and earnings calendar.
FNGU sector breakdown
| Sector | Weight |
|---|---|
| Technology | 61.8% |
| Communication Services | 28.6% |
| Consumer Cyclicals | 9.6% |
By region: North America 100.0%.
FNGU returns and risk
| Year to date | -26.8% |
|---|---|
| 1 year | +16.6% |
| 3 years (annualised) | +68.3% |
| 5 years (annualised) | +41.2% |
| 10 years (annualised) | 0.0% |
| Volatility (3 years) | 82.5% |
| Sharpe ratio (3 years) | 0.86 |
Past returns do not guarantee future results.
FNGU: frequently asked questions
What does FNGU invest in?
MicroSectors FANG+ 3X Leveraged ETN invests in a portfolio of securities. Its largest holdings are Palantir Technologies Inc. (11.7%), Micron Technology Inc (10.2%), Microsoft Corporation (10.7%), NVIDIA Corporation (10.4%), Meta Platforms Inc. (9.9%).
What is the FNGU expense ratio?
0.94% a year: about $94.00 for every $10,000 invested.
What is the FNGU dividend yield?
0.00%. ATLAS does not hold the exact distribution dates for ETFs.
Will FNGU go up?
Nobody can know. The ATLAS model puts the chance of a higher price in one month at 46%, with a likely range (50%) of $22.48 to $29.25 from $26.12 today. It is a probability, not a prediction.
How has FNGU performed?
Year to date -26.8%, one year +16.6%, three years +68.3% a year, five years +41.2% a year. Past returns do not guarantee future results.
Similar ETFs: Leveraged
Educational information, not investment advice. Disclaimer