MicroSectors FANG and Innovation 3X Leveraged ETN vs Financial Select Sector SPDR Fund — how do they compare? MicroSectors FANG and Innovation 3X Leveraged ETN trades at $29.11, while Financial Select Sector SPDR Fund trades at $56.75. The key difference: Financial Select Sector SPDR Fund is trading nearer its 52-week high, MicroSectors FANG and Innovation 3X Leveraged ETN nearer its low. Which is the better fit depends on your goals.
| FNGU | XLF | |
|---|---|---|
Sector | Leveraged / Inverse | — |
52-Week High | $36.15 | $56.56 |
52-Week Low | $13.73 | $47.80 |
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 →The fund generally invests substantially all, but at least 95%, of its total assets in the securities comprising the index. The index includes securities of companies from the following industries: diversified financial services; insurance; banks; capital markets; mortgage real estate investment trusts; consumer finance; thrifts; and mortgage finance. The fund is non-diversified.
Read more on XLF →