MicroSectors FANG Ownership
| FNGO Etf | USD 126.41 0.03 0.02% |
MicroSectors | Build AI portfolio with MicroSectors Etf |
MicroSectors Etf Ownership Analysis
MicroSectors FANG is is formed as Exchange-Traded Note in the United States. ETF is managed and operated by null. The fund has null constituents with avarage daily trading value of 13.4 K. The fund charges 0.0 percent management fee with a total expences of 0.95 percent of total asset. The fund created five year return of 35.0%. MicroSectors FANG Index retains all of assets under management (AUM) in equities. The notes are senior unsecured medium-term notes issued by Bank of Montreal with a return linked to a 2X leveraged participation in the performance of the index, compounded daily, less a Daily Investor Fee, the Daily Financing Charge and, if applicable, the Redemption Fee Amount. Microsectors Fang is traded on NYSEARCA Exchange in the United States. To learn more about MicroSectors FANG Index call the company at NA.Top Etf Constituents
| AAPL | Apple Inc | Stock | |
| AMZN | Amazon Inc | Stock | |
| BABA | Alibaba Group Holding | Stock | |
| BIDU | Baidu Inc | Stock | |
| FB | ProShares Trust ProShares | Etf | |
| GOOGL | Alphabet Inc Class A | Stock | |
| NFLX | Netflix | Etf | |
| NVDA | NVIDIA | Stock | |
| TSLA | Tesla Inc | Stock |
MicroSectors FANG Outstanding Bonds
MicroSectors FANG issues bonds to finance its operations. Corporate bonds make up one of the largest components of the U.S. bond market, which is considered the world's largest securities market. MicroSectors FANG Index uses the proceeds from bond sales for a wide variety of purposes, including financing ongoing mergers and acquisitions, buying new equipment, investing in research and development, buying back their own stock, paying dividends to shareholders, and even refinancing existing debt. Most MicroSectors bonds can be classified according to their maturity, which is the date when MicroSectors FANG Index has to pay back the principal to investors. Maturities can be short-term, medium-term, or long-term (more than ten years). Longer-term bonds usually offer higher interest rates but may entail additional risks.
| BMO 47 14 SEP 27 Corp BondUS06368LAQ95 | View | |
| BMO 3088 10 JAN 37 Corp BondUS06368DH723 | View | |
| BMO 5203 01 FEB 28 Corp BondUS06368LGV27 | View | |
| US06368FAJ84 Corp BondUS06368FAJ84 | View | |
| BMO 5043259 15 SEP 26 Corp BondUS06368FAD15 | View | |
| BMO 125 15 SEP 26 Corp BondUS06368FAC32 | View | |
| Morgan Stanley 3591 Corp BondUS61744YAK47 | View | |
| MGM Resorts International Corp BondUS552953CD18 | View |
Pair Trading with MicroSectors FANG
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if MicroSectors FANG position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in MicroSectors FANG will appreciate offsetting losses from the drop in the long position's value.Moving together with MicroSectors Etf
| 0.86 | SSO | ProShares Ultra SP500 Sell-off Trend | PairCorr |
| 0.86 | SPXL | Direxion Daily SP500 | PairCorr |
| 0.94 | QLD | ProShares Ultra QQQ | PairCorr |
| 0.95 | UPRO | ProShares UltraPro SP500 | PairCorr |
The ability to find closely correlated positions to MicroSectors FANG could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace MicroSectors FANG when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back MicroSectors FANG - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling MicroSectors FANG Index to buy it.
The correlation of MicroSectors FANG is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as MicroSectors FANG moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if MicroSectors FANG Index moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for MicroSectors FANG can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Other Information on Investing in MicroSectors Etf
MicroSectors FANG financial ratios help investors to determine whether MicroSectors Etf is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in MicroSectors with respect to the benefits of owning MicroSectors FANG security.