--- type: "Topics" locale: "en" url: "https://longbridge.com/en/topics/43178929.md" description: "$MicroSectors FANG+ Indx 3x Leveraged ETN(FNGU.US) rose by eight points; after leverage amplification, the modest gains of large tech stocks look like this.$iShares Nasdaq 100 ETF(IQQ.US) and $XL2CSOPSMSN(07747.HK) both saw slight gains, while $A CSOP HSCEICC(02802.HK) and $Pro Ultr Cvix Shrt Futures(UVXY.US) both saw slight declines.On one side, 3x leveraged products are riding the unilateral trend; on the other, covered call and volatility products are slowly bleeding out—this divergence is almost inevitable on a broad rally day. Leveraged products bet on direction, while covered call and volatility products profit from sideways or declining markets; the market can only satisfy one side at a time 😏" datetime: "2026-08-04T10:10:57.000Z" locales: - [en](https://longbridge.com/en/topics/43178929.md) - [zh-CN](https://longbridge.com/zh-CN/topics/43178929.md) - [zh-HK](https://longbridge.com/zh-HK/topics/43178929.md) author: "[白白](https://longbridge.com/en/profiles/27713040.md)" generator: "portal-rs" --- # $MicroSectors FANG+ Indx 3x Leveraged ETN(FNGU.US)… ### Related Stocks - [UVXY.US](https://longbridge.com/en/quote/UVXY.US.md) - [SVIX.US](https://longbridge.com/en/quote/SVIX.US.md) - [UVIX.US](https://longbridge.com/en/quote/UVIX.US.md) - [VIXY.US](https://longbridge.com/en/quote/VIXY.US.md) - [IQQ.US](https://longbridge.com/en/quote/IQQ.US.md) - [07747.HK](https://longbridge.com/en/quote/07747.HK.md) - [02802.HK](https://longbridge.com/en/quote/02802.HK.md) - [FNGU.US](https://longbridge.com/en/quote/FNGU.US.md) - [FNGA.US](https://longbridge.com/en/quote/FNGA.US.md) - [SVXY.US](https://longbridge.com/en/quote/SVXY.US.md) --- > **Disclaimer: This article is for reference only and does not constitute any investment advice.**