3 sectors
Trading near the top of its band · -8.6% below the high
FNGU offers 3x exposure to an index of FANG companies (Facebook, Apple, Amazon, Netflix, and Google), and other similar companies. Presumably, the index will always include these five companies, an index committee is responsible for selecting the additional names. At least ten stocks must be included in the index, the number it held when …
No votes yet. Yours would be the first.
Save FNGU and get told when something moves.
Get updates
A clear, direct weekly summary.
The things people ask before they buy an index fund.
FNGU expense ratio is 2.60%, which is the annual cost of holding the fund relative to its assets. A lower ratio means more of your return stays with you. Another figure you will often see is the fund's assets under management (AUM), which simply reflects its total size and how much money investors have placed in it.
Learn the fundamentals behind this asset.
An Exchange-Traded Fund is a single tradable share that holds dozens or hundreds of companies inside it. One purchase, one ticker, broad market exposure, and you can buy or sell it during market hours like any stock.
The annual fee a fund charges to manage your money. It sounds tiny on a year-by-year basis. Compounded over decades, it is the single most controllable factor in long-term investment returns.
Diversification is what happens when the things you own do not all rise and fall together. It is the closest thing investing has to a free lunch, but only if you actually buy assets that move differently, not the same asset in five different costumes.
Buy a fixed amount on a fixed schedule, regardless of price. The most-recommended retail investment habit, because it removes the single biggest source of underperformance: timing decisions.