(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 onAdditional Sources for FNGG ETF
Tweets: X Stocktwits
Fund Manager Positions: Dataroma Stockcircle
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 |
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%.
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%.
Direxion Daily Select Large has no consensus analysts rating.
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% |