MicroSectors FANG+ ETN
Ticker
FNGS
ISIN
US063679872
Price
USD 58.93
Change Today
+1.02 / 1.761 %
Price 1 year ago
36.12 / 63.151 %
Morningstar
-
52 Week Low
36.23
52 Week High
58.93
200 Day Moving Average 47.88
47.88
50-day Moving Average
52.96
Price evolution
Yearly returns
Peers comparison
Risk factors
1 year
| Parameter | Value |
|---|---|
| Sharpe Ratio | 0.32 |
| Sortino Ratio | -0.07 |
| Maximum Drawdown | -4.92% |
| Maximum Drawdown Date | 2024-01-04 |
| Calmar Ratio | -5.19 |
1 year
| Parameter | Value |
|---|---|
| Treynor Ratio | - |
| Return | 0.48 |
| Volatility | 5.038% |
| Alpha | -10.45 |
| Beta | -- |
| R Squared | +67.14 |
History
| Parameter | Value |
|---|---|
| Average Annual Return | 36.054% |
| Average Annual Volatility | 32.163% |
| Sharpe Ratio | 1.12 |
| Sortino Ratio | 1.44 |
| Maximum Drawdown | -50.0% |
| Maximum Drawdown Date | 2022-11-09 |
| Calmar Ratio | -0.73 |
Company information
Summary
The investment seeks to link the return to the performance of the gross total return version of the NYSE® FANG+™ Index. The index is an equal-dollar weighted index designed to represent a segment of the technology and consumer discretionary sectors consisting of highly-traded growth stocks of technology and tech-enabled companies. The notes are unsecured and unsubordinated obligations of Bank of Montreal. Each note will have an initial principal amount of $50.
Market
US
Category
Technology
Expense Ratio
0.58%
Fund family
BMO Capital Markets
Morningstar
-
Yield
-
Exchange
PCX
| Sector | Weight |
|---|---|
| Communication services | 40.00% |
| Consumer cyclical | 30.00% |
| Technology | 30.00% |
| Realestate | 0.00% |
| Basic materials | 0.00% |
| Consumer defensive | 0.00% |
| Financial services | 0.00% |
| Utilities | 0.00% |
| Industrials | 0.00% |
| Energy | 0.00% |
| Healthcare | 0.00% |
| Country | Ratio |
|---|---|
| United States | 100.00 |
| Argentina | 0.00 |
| Australia | 0.00 |
| Austria | 0.00 |
| Belgium | 0.00 |
| Brazil | 0.00 |
| Canada | 0.00 |
| Chile | 0.00 |
| China | 0.00 |
| Colombia | 0.00 |
Holdings
| Symbol | Name | Allocation |
|---|---|---|
| BABA | Alibaba Group Holding Ltd ADR | 10.0% |
| GOOGL | Alphabet Inc A | 10.0% |
| AMZN | Amazon.com Inc | 10.0% |
| AAPL | Apple Inc | 10.0% |
| BIDU | Baidu Inc ADR | 10.0% |
| FB | Facebook Inc A | 10.0% |
| NFLX | Netflix Inc | 10.0% |
| NVDA | NVIDIA Corp | 10.0% |
| TSLA | Tesla Inc | 10.0% |
| TWTR | Twitter Inc | 10.0% |
Alternative funds
| Ticker | Name | Isin | Exchange | Expenses | Morningstar | Alpha | Beta |
|---|---|---|---|---|---|---|---|
| ATMP | Barclays ETN+ Select MLP ETN | US06742C723 | BTS | 0.95% | 4 | +28.85 | |
| CAPD | Barclays ETN+ Shiller Capet ETN | US06742A669 | PCX | 0.45% | 3 | ||
| DJP | iPath Bloomberg Commodity Index Total Return(SM) ETN | US06738C778 | PCX | 0.70% | 5 | ||
| IMLP | iPath S&P MLP ETN | US227038035 | BTS | 0.80% | 3 |
Sustainability scores
Events
Indicators
Glossary
- Momentum
- A technical indicator that measures the rate of change in price movements over a specific period. It indicates the strength or weakness of a price trend.
Assessment: A positive momentum value generally indicates a good trend, while a negative value suggests a weak or downward trend.
- Inertia
- In trading, inertia refers to the tendency of prices to continue moving in their current direction. It suggests that an asset's price will likely maintain its current trend.
Assessment: A higher inertia value is generally considered good, as it indicates a strong and sustained price trend.
- Relative Strength Index (RSI)
- A momentum oscillator that measures the speed and change of price movements. It helps identify overbought or oversold conditions in an asset.
Assessment: An RSI value above 70 is typically considered overbought and may suggest a potential reversal or correction. Conversely, an RSI value below 30 is often considered oversold, indicating a possible upward price correction.
- Fibonacci's Weighted Moving Average
- A technical indicator that assigns different weights to recent data points, giving more significance to recent prices. It helps smooth out price fluctuations and identify trend reversals.
Assessment: The interpretation of the Fibonacci's Weighted Moving Average value depends on its comparison to other moving averages or trendlines. A value above 50 may indicate an uptrend, while a value below 50 may suggest a downtrend.
- Williams %R
- A momentum indicator that measures overbought or oversold conditions in an asset. It shows the relationship of the current closing price to the high-low range over a specified period.
Assessment: Williams %R values above -20 are typically considered overbought and may indicate a potential price reversal. Values below -80 are often viewed as oversold, suggesting a potential price bounce.
- Relative Volatility Index (RVI)
- A technical indicator that measures the volatility of a security by comparing the magnitude of recent price movements to the magnitude of average price changes. It helps identify periods of high or low volatility.
Assessment: A higher RVI value suggests higher volatility, which can provide trading opportunities but also carries increased risk.
- Commodity Channel Index (CCI)
- A versatile indicator that measures the current price level relative to an average price level over a given period. It helps identify overbought or oversold conditions and potential trend reversals.
Assessment: CCI values above 100 are often considered overbought, indicating a potential price correction or reversal. Values below -100 are typically viewed as oversold, suggesting a potential price rebound.