MicroSectors FANG and Innovation 3X Leveraged ETN vs Fortinet Inc — how do they compare? MicroSectors FANG and Innovation 3X Leveraged ETN trades at $32.91, while Fortinet Inc trades at $161.04 (market cap $118.78B). Which is the better fit depends on your goals.
| FNGU | FTNT | |
|---|---|---|
Sector | Leveraged / Inverse | Technology |
52-Week High | $36.15 | $168.29 |
52-Week Low | $13.73 | $75.23 |
Market Cap | — | $118.78B |
Enterprise Value | — | $115.21B |
Trailing returns across standard periods
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 →Fortinet is a cybersecurity vendor that sells products, support, and services to small and midsize businesses, enterprises, and government entities. Its products include unified threat management appliances, firewalls, network security, and its security platform, Security Fabric. Services revenue is primarily from FortiGuard security subscriptions and FortiCare technical support. At the end of 2021, products were 38% of revenue and services were 62% of sales. The California-based company sells products worldwide.
Read more on FTNT →