PortView
MicroSectors FANG+ 3X Leveraged (FNGU) ETF Holdings & Analysis
ETFLeveraged & InverseREX SharesLeveraged
⚠ Leveraged / inverse ETF — high risk
FNGU is a leveraged ETF that resets daily. Because of daily compounding, its returns over periods longer than one day can differ materially from the underlying index, especially in volatile markets. These products carry high volatility and path dependency, and are intended for short-term tactical use — not as ordinary long-term, buy-and-hold investments.
What FNGU does
The MicroSectors FANG+ 3x Leveraged ETN, trading as FNGU, delivers three times (3x) magnified exposure to an index comprising leading technology and growth companies. This benchmark prominently features the core "FANG" stocks: Facebook, Apple, Amazon, Netflix, and Google. While these five are generally expected to be constant inclusions, an independent index committee selects additional, comparable firms to complete the portfolio. The index mandates a minimum of ten constituent stocks, which was its initial composition, resulting in a highly concentrated allocation where all underlying holdings are equally weighted. Given its leveraged structure and daily resetting of exposure, FNGU is specifically engineered as a short-term trading instrument rather than a suitable long-term investment vehicle. Investors should be aware that daily compounding effects can cause the ETN's long-term returns to diverge significantly from those of its underlying benchmark. Before June 24, 2025, this product is listed under the ticker FNGB.
Fund profile
Top holdings
| Holding | Weight | |
|---|---|---|
| NVIDIA Corporation | 11.58% | |
| Broadcom Inc. | 11.12% | |
| Microsoft Corporation | 10.53% | |
| Meta Platforms, Inc. | 10.33% | |
| Alphabet Inc. | 10.32% | |
| Apple Inc. | 9.94% | |
| Amazon.com, Inc. | 9.60% | |
| Netflix, Inc. | 9.12% | |
| ServiceNow, Inc. | 8.74% | |
| CrowdStrike Holdings, Inc. | 8.72% |
Sector allocation
| Communication Services | 29.77% |
| Consumer Cyclical | 9.60% |
| Technology | 60.63% |
Geographic allocation
| United States | 100.00% |
PortView Portfolio Insights
PortView analyzes how FNGU fits your actual portfolio — position weight, ETF overlap with your other funds, sector and geographic exposure, concentration, and how this fund contributes to your portfolio risk and return. Connect a portfolio to see your personalized figures; PortView never shows another user's private holdings.
Analyze FNGU in PortView →Related securities
Related stocks
Related ETFs
Frequently asked questions
- What does FNGU track?
- FNGU is the MicroSectors FANG+ 3X Leveraged, a Leveraged & Inverse ETF issued by REX Shares.
- What is the expense ratio of FNGU?
- Expense ratio data for FNGU is shown on the page when available from our data provider.
- What are the largest holdings in FNGU?
- Top holdings include NVDA, AVGO, MSFT, META, GOOGL.
- How can PortView analyze FNGU overlap with other ETFs?
- PortView computes the holdings overlap between FNGU and the other ETFs and stocks you own, plus your combined sector and geographic exposure, so you can see true diversification.
The information provided by PortView is for informational and educational purposes only and does not constitute investment advice. Market data may be delayed. Past performance does not guarantee future results.