MicroSectors FANG and Innovation 3X Leveraged ETN vs Wipro Limited — how do they compare? MicroSectors FANG and Innovation 3X Leveraged ETN trades at $32.96, while Wipro Limited trades at $1.98 (market cap $19.07B). The key difference: Wipro Limited pays a 4.4% 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, Wipro Limited nearer its low. Which is the better fit depends on your goals.
| FNGU | WIT | |
|---|---|---|
Sector | Leveraged / Inverse | Technology |
52-Week High | $36.15 | $3.06 |
52-Week Low | $13.73 | $1.78 |
Market Cap | — | $19.07B |
Enterprise Value | — | $17.16B |
Dividend Yield | — | 4.4% |
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 →Wipro is a leading global IT services provider, with 175,000 employees. Based in Bengaluru, this India IT services firm leverages its offshore outsourcing model to derive over half of its revenue (57%) from North America. The company offers traditional IT services offerings: consulting, managed services, and cloud infrastructure services as well as business process outsourcing as a service.
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