MicroSectors FANG and Innovation 3X Leveraged ETN vs Prospect Capital Corporation — how do they compare? MicroSectors FANG and Innovation 3X Leveraged ETN trades at $32.94, while Prospect Capital Corporation trades at $2.27 (market cap $1.14B). The key difference: Prospect Capital Corporation pays a 21.93% dividend while MicroSectors FANG and Innovation 3X Leveraged ETN pays none, and MicroSectors FANG and Innovation 3X Leveraged ETN is trading nearer its 52-week high, Prospect Capital Corporation nearer its low. Which is the better fit depends on your goals.
| FNGU | PSEC | |
|---|---|---|
Sector | Leveraged / Inverse | Financials |
52-Week High | $36.15 | $3.05 |
52-Week Low | $13.73 | $2.11 |
Market Cap | — | $1.14B |
Dividend Yield | — | 21.93% |
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 →Prospect Capital Corp is a closed-end investment company based in the United States. Its investment objective is to generate both current income and long-term capital appreciation through debt and equity investments. The company invests primarily in senior and subordinated debt and equity of private companies for acquisitions, divestitures, growth, development, recapitalizations, and other purposes. It makes investments, including lending in private equity, sponsored transactions, directly to companies, investments in structured credit, real estate, and syndicated debt.
Read more on PSEC →