FNGS
MSectors™ FANG+™ ETNs
The return on the MSectors™ FANG+™ ETNs is linked to the performance of the NYSE FANG+™ Index. The ETNs offer investors a return based on changes in the level of the NYSE FANG+™ Index, minus the applicable fees.
| PRODUCT DETAILS | |
|---|---|
| Sector | FANG+ |
| Ticker | FNGS |
| Intraday Indicative Note Value Ticker | FNGSIV |
| CUSIP | 06368B504 |
| ISIN | US06368B5049 |
| Issue Date | 11/12/2019 |
| Maturity Date | 1/8/2038 |
| DAILY MARKET DATA | |
|---|---|
| Closing Indicative Value | $58.27 |
| Market Capitalization | $437,039,490 |
| ETNs Outstanding | 7,500,000 |
| DOCUMENTS |
|---|
| Index Details | |
|---|---|
| Index Name | NYSE® FANG+™ Index |
| Index Ticker | NYFANG |
| Rebalance Frequency | |
| No. of Constituents | 10 |
WHAT IS THE FANG+™ INDEX?
The NYSE® FANG+™ Index includes 10 highly liquid stocks that represent industry leaders across today’s tech and internet/media companies. The index’s underlying composition is equally weighted across all stocks, providing a unique performance benchmark that allows for a value-driven approach to investing. While the performance of indices weighted by market capitalization can be dominated by a few of the largest stocks, an equal-weighting allows for a more diversified portfolio.
NYSE® FANG+™ Index Components
- 11.34% BROADCOM INC
- 11.23% CROWDSTRIKE HOLDINGS INC - A
- 10.85% NETFLIX INC
- 10.27% SERVICENOW INC
- 9.95% AMAZON.COM INC
- 9.68% ALPHABET INC-CL A
- 9.65% NVIDIA CORP
- 9.39% META PLATFORMS INC-CLASS A
- 9.17% APPLE INC
- 8.46% MICROSOFT CORP
*Index rebalanced to equal 10% weights quarterly. Components as of SOD 12/16/2024, weightings rounded for ease of analysis.