MicroSectors Solactive FANG ETF Profile
| BULZ ETF | USD 46.65 1.28 2.82% |
Performance 0High 19 · Constructive | NAV Risk Level HighLow 9 · Low |
At $46.65, MicroSectors Solactive continues to demonstrate 2.82% up in today's market action after opening at $45.37. MicroSectors Solactive shows an estimated 9% exposure to potential significant NAV decline, consistent with a relatively small probability. Return data over the last 90 trading days classifies MicroSectors Solactive as constructive in terms of performance. The performance scores are based on the time frame from February 10, 2026 to May 11, 2026. Learn more.
One Year Return 307.4 | Total Asset | Etf Asset Type Equity | Category Trading--Leveraged Equity | Three Year Return 122.9 |
| 0.88 | SSO | ProShares Ultra SAMPP500 | PairCorr |
| 0.87 | SPXL | Direxion Daily SAMPP500 | PairCorr |
| 0.98 | QLD | ProShares Ultra QQQ | PairCorr |
| 0.87 | UPRO | ProShares UltraPro SAMPP500 | PairCorr |
MicroSectors Solactive FANG [BULZ] is traded in USA. The fund is listed under the Trading--Leveraged Equity category and is part of the BMO Capital Markets family. The entity is thematically classified as Theme ETFs. MicroSectors Solactive currently has $228.56 million in assets under management (AUM). The total return for the last 3 years is 122.9%. MicroSectors Solactive is an operator in the trading--leveraged equity segment where revenue is driven by core operating activity and end-market demand.
ETF Notable Updates
| Legal Name | MicroSectors Solactive FANG Innovation 3X Leveraged ETNs |
| Thematic Ideas | (View all Themes) |
| Business Concentration | Theme ETFs, Strategy ETFs, Trading--Leveraged Equity, BMO Capital Markets, (View all Sectors) |
Additional ETF Information
| Issuer | Bank of Montreal |
| Inception Date | 2021-08-20 |
| Benchmark | Solactive FANG Innovation Index |
| Entity Type | Exchange-Traded Note |
| Asset Under Management | 3.46 billion |
| Asset Type | Equity |
| Category | Strategy |
| Focus | Theme |
| Market Concentration | Developed Markets |
| Region | North America |
| Exchange | NYSE Arca, Inc. |
| Market Maker | IMC |
| Total Expense | 0.95 |
| Country Name | USA |
| Returns Y T D | 74.80 |
| Name | MicroSectors Solactive FANG Innovation 3X Leveraged ETNs |
| Currency Code | USD |
| Open Figi | BBG012312V16 |
| In Threey Volatility | 81.14 |
| 1y Volatility | 104.72 |
| 200 Day M A | 24.688 |
| 50 Day M A | 25.2472 |
| Code | BULZ |
| Updated At | 10th of May 2026 |
| Currency Name | US Dollar |
| In Threey Sharp Ratio | 1.15 |
| Type | ETF |
Sector Allocation
Sector diversification remains one of the most effective tools for portfolio risk management. As sector coverage widens, the expected risk and return of holding MicroSectors ETF both tend to decrease. Diversifying across sectors remains a core risk management strategy for MicroSectors ETF investors. Sector allocation analysis is a practical starting point for evaluating MicroSectors ETF within a portfolio.
Using ETFs like MicroSectors Solactive FANG ETF is a practical way to implement sector tilts. Sector ETF strategies offer a practical framework for managing sector-level allocation decisions. Monitoring sector weights clarifies how much of a portfolio depends on a single economic theme. Maintaining awareness of sector exposure aligns ETF-based strategies with broader portfolio goals.
Common Risk Profiles
CAPM is central to evaluating whether MicroSectors Solactive offers adequate return for the risk it carries. Alpha captures excess return and beta measures market sensitivity in the CAPM framework. Alpha captures MicroSectors Solactive performance relative to its benchmark, while beta measures broad market sensitivity. This analytical lens evaluates MicroSectors Solactive within the broader context of ETF risk management.
| Mean Deviation | 4.4 | |||
| Semi Deviation | 4.56 | |||
| Standard Deviation | 5.52 | |||
| Variance | 30.51 |
Technical Analysis
Transformation |
This analysis covers sixty-one data points across the selected time horizon. The Inverse Tangent (Arctangent) transformation applies the arctangent function to MicroSectors Solactive's price series, compressing large price values into a bounded range. This can normalize extreme price movements and reveal underlying directional shifts.
MicroSectors Solactive FANG Against Markets
| BULZ | 2.82 | ||||
| NYA | 0.12 |
| Competition | Compare Correlations |
Investor Insights and Alerts
For MicroSectors Solactive in the North America market, investor notes are most informative when volatility is rising. The strongest signal set combines price behavior, volatility shifts, and fundamental changes into a single view. MicroSectors Solactive at 1.2 M volume: the practical benefit is catching changes early, before they compound into larger portfolio-level effects.
| MicroSectors Solactive is way too risky over 90 days horizon | |
| MicroSectors Solactive appears to be risky and price may revert if volatility continues | |
| Latest headline from thelincolnianonline.com: Micro Sectors FANG Innovation 3 x Leveraged ETN Sets New 52-Week High Time to Buy |
Thematic Classifications
The thematic profile of MicroSectors Solactive FANG in North America provides a bridge between security-level analysis and portfolio-level construction. A single fund can appear in multiple themes. The primary classification matters most for allocation decisions. At 228.6 M in AUM, the value of MicroSectors Solactive's thematic analysis increases when paired with correlation data across peer funds.
 | Theme ETFsUSA ETFs from Theme classification | |
| Strategy ETFsUSA ETFs from Strategy classification |
Top MicroSectors Solactive FANG ETF Constituents
| MU | Micron Technology | Stock | |
| TSLA | Tesla Inc | Stock | |
| NVDA | NVIDIA | Stock | |
| INTC | Intel | Stock | |
| ORCL | Oracle | Stock | |
| AVGO | Broadcom | Stock | |
| AMD | Advanced Micro Devices | Stock | |
| NFLX | Netflix | ETF | |
| GOOGL | Alphabet Inc Class A | Stock | |
| AAPL | Apple Inc | Stock | |
| PLTR | Palantir Technologies | Stock | |
| MSFT | Microsoft | Stock | |
| META | Meta Platforms | Stock | |
| APP | Applovin Corp | Stock | |
| AMZN | Amazon Inc | Stock |
Predictive Daily Indicators
Daily signals for MicroSectors Solactive in the Trading--Leveraged Equity space help active traders track momentum, reversals, and volume shifts. For MicroSectors Solactive in the North America market, volume-weighted indicators are especially relevant as liquidity drives execution quality. At 1.2 M in daily volume, combining MicroSectors Solactive's price action with volume context distinguishes informed flow from random fluctuation.
Forecast Models
Forecasting applied to MicroSectors Solactive FANG in the Trading--Leveraged Equity space draws on price structure and volatility patterns. MicroSectors Solactive returned 307.4% over one year. Comparing multiple forecast methods helps gauge methodology sensitivity. For MicroSectors, tracking error between the forecast and actual outcomes over rolling windows helps calibrate model reliability.ETF Overview, Methodology & Data Sources
Downside profile and drawdown behavior are read alongside tracking stability. Downside movements have historically remained relatively contained. The three-year return is 122.9%.
Methodology
Unless otherwise specified, data for MicroSectors Solactive FANG is derived from fund disclosures (prospectus language, holdings reports, and periodic statements where available). Asset-level metrics are computed daily by Macroaxis LLC and refreshed regularly based on instrument type. MicroSectors Solactive FANG market data and reported NAV may reflect delayed updates. Data may be delayed depending on reporting sources and market conventions. All analytics presented are generated using Macroaxis quantitative models that incorporate financial statement analysis, market data, and risk metrics to ensure consistency and comparability. MicroSectors Solactive FANG may trade at a premium or discount to its reported net asset value (NAV) depending on intraday supply, demand, and underlying basket liquidity. Assumptions: We rely on public fund disclosures, holdings reports, and market data feeds and disclosures from U.S. Securities and Exchange Commission (SEC) via EDGAR as reference sources. Some values may reflect delayed dissemination. All analytics are generated using standardized, rules-based models designed to promote consistency and comparability across instruments. Model assumptions, reference parameters, and selected computational inputs are available in the Model Inputs section. If you have questions about our data sources or methodology, please contact Macroaxis Support.
Research Sources
MicroSectors Solactive FANG may have reference inputs that incorporate holdings disclosures, category classification, and NAV-derived statistics where available. Updates may occur throughout the day.
Editorial review and methodology oversight provided by: Gabriel Shpitalnik, Member of Macroaxis Editorial Board
More Resources for MicroSectors ETF Analysis
Market price and NAV offer complementary views of MicroSectors Solactive - the first driven by trading activity, the second by underlying asset values.
Market price and NAV for MicroSectors Solactive can move independently over short periods. Holdings turnover, expense ratio, and fund flow patterns can inform the evaluation.