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In 2013, Jim Cramer and Bob Lang observed that four tech stocks outperformed the overall market (when compared to the S&P 500 Index) that year.
FANG has gained notoriety in the years since, with the group standing out as one of the key drivers of equity markets. And the popularity of the FANG trade has not stopped, even seven years after the term was coined.
“Despite a strong tech-led rally to start 2020, we’ve seen a considerable pullback in the equity markets,” said Scott Acheychek, president of REX Shares. “With FNGD, investors now have the opportunity to trade the FANG stocks in bearish market.”
Alternatively, for bullish traders, the MicroSectors FANG+ Index 3X Leveraged ETN (NYSE:FNGU), is a leveraged exchange-traded note that attempts to deliver three times the daily return of the NYSE FANG+ Index.
“Unlike the traditional benchmark technology indices, the NYSE FANG+ Index offers an investment solution focused on direct FAANG exposure,” said Acheychek.
To learn about how to invest in the NYSE FANG+ Index, please visit www.microsectors.com
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