See what your fund actually adds
Direxion Daily NYSE FANG+ Bull 2X ETF FNGG
Historical return decomposition and an investable replication portfolio, using data through 2026-10-09.
Fund and replication metrics
| Measure | FNGG | Replication |
|---|---|---|
| Annualized growth | 4.2% | 18.9% |
| Annualized volatility | 63.2% | 23.3% |
| Sharpe ratio | 0.38 | 0.86 |
| Maximum drawdown | 91.0% | 33.3% |
| Replication fit (R²) | 0.52 · Tracking error 43.7% | |
Replication portfolio
The published portfolio below is the investable basket used to model FNGG’s historical return behavior.
| Ticker | Building block | Weight |
|---|---|---|
| XLK | Sector · Technology | 67.9% |
| VUG | Style · Growth | 32.1% |