MicroSectors FANG Ownership
| FNGO Etf | USD 97.12 2.12 2.23% |
Please note, institutional investors have a lot of resources and new technology at their disposal. They can put in a lot of research and financial analysis when reviewing investment options. There are many different types of institutional investors, including banks, hedge funds, insurance companies, and pension plans. One of the main advantages they have over retail investors is the fees paid for trades. As they are buying in large quantities, they can manage their cost more effectively.
MicroSectors |
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 26.2 K. The fund charges 0.0 percent management fee with a total expences of 0.0 percent of total asset. The fund created five year return of 54.0%. 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.Sector Exposure (%)
Investors will always prefer to have their portfolios divercified against different sectors. The broad sector allocation increases the possibility of making a profit or at least avoiding a loss. However, this may also reduce the expected return on MicroSectors Etf. Generally, it depends on diversification level and type but usually, the broader the sector allocation, the less risk can be expected from holding MicroSectors FANG , and the less return is expected.
Top Etf Constituents
| AAPL | Apple Inc | Stock | |
| AMZN | Amazon Inc | Stock | |
| BABA | Alibaba Group Holding | Stock | |
| BIDU | Baidu Inc | Stock | |
| GOOGL | Alphabet Inc Class A | Stock | |
| NFLX | Netflix | Stock | |
| 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 5410491 07 JUN 25 Corp BondUS06368D3T95 | View | |
| BMO 37 07 JUN 25 Corp BondUS06368D3S13 | View | |
| BMO 3088 10 JAN 37 Corp BondUS06368DH723 | View | |
| BMO 52 12 DEC 24 Corp BondUS06368LGU44 | View | |
| BMO 5177513 12 DEC 24 Corp BondUS06368LGW00 | View | |
| BMO 5203 01 FEB 28 Corp BondUS06368LGV27 | View | |
| US06368FAJ84 Corp BondUS06368FAJ84 | 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
| 0.84 | SSO | ProShares Ultra SP500 | PairCorr |
| 0.83 | SPXL | Direxion Daily SP500 | PairCorr |
| 0.97 | QLD | ProShares Ultra QQQ | PairCorr |
| 0.83 | UPRO | ProShares UltraPro SP500 | PairCorr |
Moving against MicroSectors Etf
| 0.55 | NRGU | Bank Of Montreal | PairCorr |
| 0.53 | LABU | Direxion Daily SP | PairCorr |
| 0.37 | AMPD | Tidal Trust II | 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.Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in MicroSectors FANG Index. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in price. You can also try the Fundamentals Comparison module to compare fundamentals across multiple equities to find investing opportunities.
The market value of MicroSectors FANG Index is measured differently than its book value, which is the value of MicroSectors that is recorded on the company's balance sheet. Investors also form their own opinion of MicroSectors FANG's value that differs from its market value or its book value, called intrinsic value, which is MicroSectors FANG's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because MicroSectors FANG's market value can be influenced by many factors that don't directly affect MicroSectors FANG's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between MicroSectors FANG's value and its price as these two are different measures arrived at by different means. Investors typically determine if MicroSectors FANG is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, MicroSectors FANG's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.