# MicroSectors FANG+ Index -3X Inverse Leveraged ETNs (FNGD) — Overview

FNGD · NYSE · Fund

Canonical page: https://www.lighthorse.io/tickers/fngd

## Price

Last close $24.39 on Oct 15, 2026. 52-week range $22.73 – $85.77.

## Fund profile

FNGD tracks -3x the daily price movements of an index of technology and consumer discretionary companies. The note uses derivatives to achieve its -3x exposure.

| Metric | Value |
| --- | --- |
| Issuer | BMO |
| Industry | Theme |
| Inception | Jan 25, 2018 |
| Assets under management | $49.2M |
| Expense ratio | 0.95% |
| Net asset value | $24.59 (as of Oct 14, 2026) |
| Distributions | — |
| Leverage | 3x |

## Frequently Asked Questions

### What is MicroSectors FANG+ Index -3X Inverse Leveraged ETNs (FNGD)?

FNGD tracks -3x the daily price movements of an index of technology and consumer discretionary companies. The note uses derivatives to achieve its -3x exposure.

### What is FNGD's expense ratio?

MicroSectors FANG+ Index -3X Inverse Leveraged ETNs charges an annual expense ratio of 0.95%. The fund is issued by BMO.

### How large is FNGD?

MicroSectors FANG+ Index -3X Inverse Leveraged ETNs manages $49.2M in assets and has traded since Jan 25, 2018.

### How do I buy shares of MicroSectors FANG+ Index -3X Inverse Leveraged ETNs (FNGD)?

FNGD trades commission-free with a Light Horse Securities brokerage account — from the mobile app, the web at [Light Horse Dashboard](https://portal.lighthorse.io), the trading API, or an [AI agent connected over MCP](/instructions/ai/claude). The trade panel on this page places the order once you are signed in.

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Quotes and charts are not real-time and must not be relied on for trade decisions or valuation.

This page is for informational purposes only. Nothing on it is a recommendation, solicitation or offer to buy or sell any security, nor investment, legal or tax advice. Light Horse Securities Inc does not verify third-party data and is not responsible for its accuracy, completeness or timeliness.

Data provided by [AInvest](https://www.ainvest.com).