MicroSectors Solactive FANG & Innovation -3X Inverse Leveraged ETN
Price
— EUR
Today +/-
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Today %
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MicroSectors Solactive FANG & Innovation -3X Inverse Leveraged ETN Price
Underlying
FANG
FANG3X Short Daily
FANG
MicroSectors Solactive FANG & Innovation -3X Inverse Leveraged ETN provides 3X inversedaily exposure to FANG.
Leverage & Compounding Risk
This ETF rebalances daily to achieve its 3X target. Over periods longer than one day, compounding can cause returns to deviate significantly from 3X the underlying's return — especially in volatile, sideways markets (volatility decay). This product is designed for short-term trading, not buy-and-hold investing.
ETF profile
MicroSectors Solactive FANG & Innovation -3X Inverse Leveraged ETN
Symbol
ISIN
CUSIP
Asset classStocks
Investment SegmentTopic
Tracking IndexSolactive FANG Innovation Index
EulerpoolREX Microsectors
Managed Assets22.48 M USD
Average Volume1 M
DomicileUS
Funds Launch8/17/2021
CurrencyUSD
Total Expense Ratio (TER)0.95 %
NAV (Net Asset Value)63.09 M USD
P/B—
P/E—
MicroSectors Solactive FANG & Innovation -3X Inverse Leveraged ETN List of Holdings
Frequently asked questions about MicroSectors Solactive FANG & Innovation -3X Inverse Leveraged ETN
MicroSectors Solactive FANG & Innovation -3X Inverse Leveraged ETN is offered by REX Microsectors, a leading player in the field of passive investments.