FNGSMicroSectors FANG+ ETN
FNGS Fund Description
FNGS tracks an equally-weighted index of US-listed technology and consumer discretionary companies, selected by a committee.
FNGS Factset Analytics Insight
FNGS is an ETN that provides exposure to an index of FANG companies (Facebook, Apple, Amazon, Netflix, and Google [Alphabet Inc.]), as well as other companies that exhibit similar characteristics. Presumably, the index will always include these five companies, an index committee is responsible for selecting the additional names. Eligible stocks must be listed on a US exchange (ADRs are acceptable), classified in the technology or consumer discretionary sectors, and exhibit characteristics of high growth technology and internet/media companies along with meeting minimum market capitalization and liquidity requirements. At least ten stocks must be included in the index, the number of constituents when the note launched so investors can expect a high level of concentration. All holdings are equally weighted, and are rebalanced quarterly.
FNGS MSCI FaCS and Factor Box
MSCI FaCS is a standard method for evaluating and reporting the Factor characteristics of equity portfolios including ETFs. The Factor Box includes 6 Factors that MSCI has identified that historically provided a return premium. On the vertical axis, the Factor Groups, are displayed and the horizontal axis displays the Factor exposure, overweight, underweight or neutral.
FNGS Summary Data
FNGS Portfolio Data
FNGS Index Data
FNGS Portfolio Management
FNGS Tax Exposures
FNGS Fund Structure
FNGS Factset Analytics Block Liquidity
This measurement shows how easy it is to trade a $1 million USD block of FNGS. FNGS is rated a N/A out of 5.
FNGS Performance Statistics
FNGS Benchmark Comparison Summary
FNGS Benchmark Comparison Market Cap Size