MicroSectors FANG and Innovation 3X Leveraged ETN vs IAC/Interactivecorp — how do they compare? MicroSectors FANG and Innovation 3X Leveraged ETN trades at $32.98, while IAC/Interactivecorp trades at $40.29 (market cap $2.97B). The key difference: MicroSectors FANG and Innovation 3X Leveraged ETN is trading nearer its 52-week high, IAC/Interactivecorp nearer its low. Which is the better fit depends on your goals.
| FNGU | PPLI | |
|---|---|---|
Sector | Leveraged / Inverse | Media |
52-Week High | $36.15 | $47.62 |
52-Week Low | $13.73 | $31.52 |
Market Cap | — | $2.97B |
Enterprise Value | — | $3.28B |
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 →IAC Inc is an Internet media company with segments that include Angi (47% of total revenue), Dotdash (10%), search (24%), and emerging and other (19%). The firm spun off the narrow-moat dating app provider Match Group in second-quarter 2020 and the no-moat video software provider Vimeo in second-quarter 2021.
Read more on PPLI →