MicroSectors FANG and Innovation 3X Leveraged ETN vs Waste Management, Inc. — how do they compare? MicroSectors FANG and Innovation 3X Leveraged ETN trades at $36.75 (market cap $2.98B), while Waste Management, Inc. trades at $208.63 (market cap $83.98B). The key difference: Waste Management, Inc. is far larger — about 28.2× MicroSectors FANG and Innovation 3X Leveraged ETN's market cap, and Waste Management, Inc. pays a 1.8% dividend while MicroSectors FANG and Innovation 3X Leveraged ETN pays none. Which is the better fit depends on your goals — on Pluang, investors hold MicroSectors FANG and Innovation 3X Leveraged ETN for 19 Days and Waste Management, Inc. for 130 Days on average.
| FNGU | WM | |
|---|---|---|
Market Cap | $2.98B | $83.98B |
Volume | 4,682,352 | 2,182,180 |
Sector | Leveraged / Inverse | Industrials |
52-Week High | $37.20 | $246.51 |
52-Week Low | $13.73 | $196.77 |
Typical Hold Time | 19 Days | 130 Days |
Enterprise Value | — | $106.78B |
Dividend Yield | — | 1.8% |
Signals from Pluang's Aura AI — not financial advice
FNGU, a 3x leveraged ETN tracking major tech stocks, trades at $36.82, down 1.02% today. Technical signals are bullish based on moving averages, with neutral oscillators suggesting potential consolidation. Support and resistance levels are tightly clustered between $33 and $39, indicating a critical price zone. Recent news highlights the ETN's high volatility, having lost 87% during past tech sector downturns, underscoring its leveraged risk profile.
The outlook for FNGU hinges on sustained strength in its underlying tech holdings like Nvidia and Apple. While bullish momentum offers upside potential, the extreme leverage amplifies risks during market corrections. Investors face significant volatility, with losses magnified in downturns, making it suitable only for those with high risk tolerance and short-term horizons.
Waste Management (WM) trades at $208.83, showing minimal daily movement with a slight decline of 0.05%. The stock maintains strong profitability metrics including a 29.83% ROE and 11.12% net margin, though valuation ratios appear elevated with a P/E of 29.72. Recent earnings show mixed performance with two beats and one miss in the last three quarters. Technical indicators suggest a bullish overall signal despite bearish moving averages, with key support at $208 and resistance at $212.
WM demonstrates resilient fundamentals with steady revenue growth and strong cash flow generation, though elevated debt levels and tight liquidity present concerns. Analyst consensus remains positive with 54% buy ratings and no sell recommendations. The company's essential service business model provides defensive characteristics, but investors should monitor debt management and competitive pressures in the waste management sector.
Trailing returns across standard periods
Latest headlines on both assets
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 →Waste Management ranks as the largest integrated provider of traditional solid waste services in the United States, operating approximately 260 active landfills and about 340 transfer stations. The company serves residential, commercial, and industrial end markets and is also a leading recycler in North America.
Read more on WM →