FNGOMicroSectors FANG+ Index 2X Leveraged ETN(Exchange Traded Note Leveraged 2xMatures: 01/01/2038, Rebalanced: Daily)
XTF Rating* NR
Price:$75.6519 0.4874(0.65%)
52 Week:$29.95 - $85.63
Volume: 3,784
Avg Daily Volume: 6,875
Market Cap: $75,164,500 Avg Trade Size: 143 shares
Fund Turnover: 177 days 6/2/2020 4:10:00 PM
Similar ETFs to FNGO: FNGU, TQQQ, QLD

MicroSectors FANG+ Index 2X Leveraged Exchange Traded Notes due January 8, 2038 (the "notes") that Bank of Montreal may issue from time to time. The return on the notes is linked to a two times leveraged participation in the daily performance of the NYSE FANG+ Index, total return (the "Index"), as described in this pricing supplement. 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 Index currently has 10 constituents. The notes are unsecured and unsubordinated obligations of Bank of Montreal. The notes do not guarantee any return of principal at maturity, call or upon early redemption, and do not pay interest. Instead, you will receive a cash payment in U.S. dollars at maturity, call or redemption based on a two times leveraged participation in the performance of the Index, less a Daily Investor Fee, the Daily Financing Charge and, if upon early redemption, the redemption fee amount. You may lose some or all of your principal.

Inception Date: 8/1/2018Geography: Global  Asset Class: Equity
Primary Exchange: NYSE ArcaInvestment Philosophy: Passively ManagedCapitalization: Large Cap
Issuer: BMO Asset ManagementUnderlying Index: NYSE FANG+ IndexSector: Technology > Technology Multi-Industry
Index Provider: Intercontinental Exchange Inc.(ICE)Index Composition: Equal-Weighted

Structural Integrity
Investment Metrics
Fund Holdings
Fund Exposure
News Headlines
FNGO Structural Integrity ranks in the 7th percentile (among all 1551 Equity ETFs over past 6 months).
as of 3/31/2020 Value  Rank (%)
Expense Ratio 0.95% 
 6.6%
Average Bid Ask Ratio Premium Content 
 65.8%
Tracking Error Premium Content 
 52.4%
Concentration Risk Premium Content 
 36.7%
Market Impact Premium Content 
 9.1%
Efficiency Premium Content 
 7.1%
Cap Gains Dist Premium Content 
 100%
     
as of 6/1/2020  
Avg Number of Components   (range) 10   (10-10)
Legal Structure Senior, Unsecured, Unsubordinated Debt 
Annual Yield 0.00%
Last Dividend PaidDate 0.0, n/a   See Distributions
Options / Futures Available N  /  N 
Short Interest / Days to Cover 0.4% /  1 day
Net Asset Value $75,053,867 
Premium (Discount) 0.15% 
*The XTF Rating for an ETF is based on statistical analysis of its structural integrity and investment metric giving a total range between 0 and 10 with 10 being the best. Read More.





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