MicroSectors FANG Innovation ETNs: Invest in Leading Tech
EXCHANGE TRADED NOTES
The MicroSectors™ FANG & Innovation lineup of exchange traded notes provides +3x leveraged exposure and -3x inverse leveraged exposure to the performance of the Solactive FANG Innovation Index. LEARN MORE ABOUT BMO ETNs
WHAT IS THE FANG INNOVATION INDEX?
The Solactive FANG Innovation Index includes 15 highly liquid stocks focused on building tomorrow’s technology today. These large, tech-enabled equity securities are all listed and domiciled in the U.S.
The Index is comprised of eight core-components Apple (AAPL), Amazon (AMZN), Meta Platforms (META), Alphabet (GOOGL), Microsoft (MSFT), Netflix (NFLX), NVIDIA (NVDA), Tesla (TSLA) AND the seven top traded names across the following FactSet Industries:
- Semiconductors
- Electronic Components
- Electronic Equipment/Instruments
- Telecommunications Equipment
- Computer Processing Hardware
- Computer Peripherals
- Computer Communications
- Electronic Production Equipment
- Data Processing Services
- Information Technology Services
- Packaged Software
- Internet Software/Services
The index rebalances monthly and reconstitutes quarterly. The Index’s underlying composition is equally weighted across all stocks, providing a unique benchmark that allows for a uniform performance-driven approach to investing. While market capitalization weighted indices can be dominated by a few of the largest stocks in the index, an equal-weighting allows for a more diversified portfolio.
Solactive FANG Innovation Index Components*
- 7.82% MICROSOFT CORP
- 7.68% PALANTIR TECHNOLOGIES INC-A
- 7.21% ORACLE CORP
- 7.05% BROADCOM INC
- 7.02% AMAZON.COM INC
- 6.81% ALPHABET INC-CL A
- 6.67% NETFLIX INC
- 6.64% INTEL CORP
- 6.59% SANDISK CORP
- 6.57% MICRON TECHNOLOGY INC
- 6.54% ADVANCED MICRO DEVICES
- 6.53% NVIDIA CORP
- 5.80% APPLE INC
- 5.69% META PLATFORMS INC-CLASS A
- 5.37% TESLA INC
*Index reconstitutes quarterly, rebalances monthly. Components as of SOD 08/05/2026, weightings rounded for ease of analysis.
What is the historical performance of the Solactive FANG Innovation Index?
