(FNGG) Direxion Daily Select Large - Ratings and Ratios

Exchange: NYSE ARCA • Country: USA • Currency: USD • Type: Etf • ISIN: US25460G5751 • Trading--Leveraged Equity

FNGG: Technology, Growth, Stocks, Tech-Enabled, Companies

The Direxion Daily Select Large Caps & FANGs Bull 2X Shares (NYSE ARCA:FNGG) is a leveraged exchange-traded fund (ETF) designed to provide twice the daily return of an equal-dollar weighted index of 10 high-trading-volume growth stocks from technology and tech-enabled sectors. The fund achieves its 2X daily leverage through investments in swap agreements, securities, and ETFs tracking the underlying index. The ETF is non-diversified, meaning it can concentrate its holdings in fewer securities, which may increase volatility but also amplify potential returns. The funds strategy is tailored for short-term traders seeking magnified exposure to a narrow basket of high-growth tech stocks.

From a technical standpoint, FNGG is currently trading below its 20-day and 50-day simple moving averages (SMAs), which are at 186.37 and 186.84, respectively. However, it remains above its 200-day SMA of 155.37, signaling mixed trends. The Average True Range (ATR) of 8.59 reflects moderate volatility. With an average 20-day volume of 33,916 shares, liquidity is sufficient for most traders but not exceptionally high. The funds assets under management (AUM) stand at $90.13 million, indicating a modest but dedicated investor base.

3-Month Forecast: Based on and , FNGG is likely to face headwinds in the near term due to its position below key SMAs and elevated volatility. However, if broader market conditions improve and the underlying index components regain momentum, FNGG could rebound sharply given its 2X leverage. Traders should monitor the SMA crossover and ATR for signals of trend reversal or sustained downside pressure.

Additional Sources for FNGG ETF

FNGG ETF Overview

Market Cap in USD 79m
Category Trading--Leveraged Equity
TER 0.98%
IPO / Inception 2021-09-29

FNGG ETF Ratings

Growth 5y 2.48%
Fundamental -
Dividend 14.0%
Rel. Strength Industry 20
Analysts -
Fair Price Momentum 128.29 USD
Fair Price DCF -

FNGG Dividends

Dividend Yield 12m 0.97%
Yield on Cost 5y 0.59%
Annual Growth 5y -41.10%
Payout Consistency 60.0%

FNGG Growth Ratios

Growth Correlation 3m -38.6%
Growth Correlation 12m 84.8%
Growth Correlation 5y 26.9%
CAGR 5y -12.94%
CAGR/Max DD 5y -0.14
Sharpe Ratio 12m 1.95
Alpha 8.01
Beta 3.18
Volatility 84.14%
Current Volume 22.9k
Average Volume 20d 37.6k
What is the price of FNGG stocks?
As of March 16, 2025, the stock is trading at USD 148.12 with a total of 22,890 shares traded.
Over the past week, the price has changed by -1.03%, over one month by -27.18%, over three months by -26.67% and over the past year by +32.87%.
Is Direxion Daily Select Large a good stock to buy?
Neither. Based on ValueRay Analyses, Direxion Daily Select Large is currently (March 2025) neither a good nor a bad stock to buy. It has a ValueRay Growth Rating of 2.48 and therefor a technical neutral rating according to historical growth.
Based on ValueRays Analyses, Dividends and Discounted-Cash-Flow, the Fair Value of FNGG as of March 2025 is 128.29. This means that FNGG is currently overvalued and has a potential downside of -13.39%.
Is FNGG a buy, sell or hold?
Direxion Daily Select Large has no consensus analysts rating.
What are the forecast for FNGG stock price target?
According to ValueRays Forecast Model, FNGG Direxion Daily Select Large will be worth about 154 in March 2026. The stock is currently trading at 148.12. This means that the stock has a potential upside of +3.94%.
Issuer Forecast Upside
Wallstreet Target Price - -
Analysts Target Price - -
ValueRay Target Price 154 3.9%