CanadaJul. 27, 2025 4:15 AM ETMicroSectors™ FANG+™ ETN (FNGS)NVDA, AVGO, AAPL, FNGSMichael Del Monte5.17K FollowersFNGS offers concentrated exposure to high-growth tech leaders via an ETN structure, outperforming the Nasdaq 100 by 15% over the past year.Top holdings like Nvidia and Broadcom drive performance through AI and cloud innovation, while Apple lags due to recent challenges.Investors should weigh ETN-specific risks, including issuer credit risk, maturity, and tax treatment, as well as portfolio overlap and concentration risk.Given strong index resilience, I recommend a buy rating for FNGS, with a 3-4% portfolio allocation, after consulting a financial advisor.The MicroSectors FANG+ ETN (FNGS) is an indexed investment strategy designed to provide investors with exposure to the high-growth constituents of the broader technology sector.FNGS is an exchange-traded note [ETN] rather than an ETF wrapper. Unlike ETFs, ETNs are debt securities issued byThis article was written byMichael Del Monte5.17K FollowersMichael Del Monte is a buy-side equity analyst with over 5 years of industry experience. Prior to working in the investment management industry, Michael spent over a decade in professional services working across industries that include O&G, OFS, Midstream, Industrials, Information Technology, EPC Services, and consumer discretionary.Investment recommendations are built upon the entirety of the investment ecosystem rather than considering a company independently.Analyst’s Disclosure:I/we have a beneficial long position in the shares of NVDA either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.Comments