Diamondback Energy Inc vs MicroSectors FANG and Innovation 3X Leveraged ETN — how do they compare? Diamondback Energy Inc trades at $199.83 (market cap $56.24B), while MicroSectors FANG and Innovation 3X Leveraged ETN trades at $34.1. The key difference: Diamondback Energy Inc pays a 2.19% dividend while MicroSectors FANG and Innovation 3X Leveraged ETN pays none. Which is the better fit depends on your goals.
| FANG | FNGU | |
|---|---|---|
Market Cap | $56.24B | — |
Sector | Energy | Leveraged / Inverse |
52-Week High | $213.69 | $36.15 |
52-Week Low | $134.53 | $13.73 |
Enterprise Value | $68.39B | — |
Dividend Yield | 2.19% | — |
Trailing returns across standard periods
Latest headlines on both assets
Diamondback Energy is an independent oil and gas producer in the United States. The company operates exclusively in the Permian Basin. At the end of 2021, the company reported net proven reserves of 1.8 billion barrels of oil equivalent. Net production averaged about 375,000 barrels per day in 2021, at a ratio of 60% oil, 20% natural gas liquids, and 20% natural gas.
Read more on FANG →FNGU is a leveraged ETN that seeks to provide three times (3x) the daily performance of top tech and innovation stocks. It is intended for traders seeking magnified short-term returns.
Read more on FNGU →