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FNGO correlations (MicroSectors FANG Index 2X Leveraged ETNs due January 8)

Every correlation that matters for FNGO: the assets it tracks, the ones that offset it, and where it sits among 4756 US stocks and ETFs.

Data as of 2026-08-27 · refreshed every trading day · US Listed

Volatility (ann.)

51.9%

3y weekly

Beta vs S&P 500

3.12

3y weekly

1-year return

+33.7%

price, adjusted

5-year return

+220.3%

price, adjusted

P/E ratio

30.8

trailing

Max drawdown

-47.6%

3y, daily closes

FNGO over the last 12 months, weekly closes indexed to 100 at the start.

Stocks and ETFs most correlated with FNGO

Asset		Correlation (3Y)
VUG	Vanguard Growth ETF	0.95
SPYG	SPDR Portfolio S&P 500 Growth ETF	0.95
QQQ	Invesco QQQ Trust	0.93
QQQM	Invesco Nasdaq 100 ETF	0.93
XLK	Technology Select Sector SPDR Fund	0.90

If the goal is offsetting FNGO, these tracked assets have historically moved the most on their own terms.

Asset		Correlation (3Y)
FNGD	MicroSectors FANG Index -3X Inverse Leveraged ETNs due	-0.99
VXX	iPath Series B S&P 500 VIX Short-Term Futures ETN	-0.60
VXZ	iPath Series B S&P 500 VIX Mid-Term Futures ETN	-0.56

Free API · no key required

$ curl https://www.pairbook.io/api/v1/symbols/fngo.json

Correlations, diversifiers, beta and volatility for FNGO, plus one endpoint per pair. API documentation.