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FNGG vs WX

Direxion Daily NYSE FANG+ Bull 2X ETF

FNGGCNYSE Arca

Corgi All World 2x Daily ETF

WXCCboe

Overlap

Expense ratio

WX −0.77pt a year

FNGG0.97%WX0.20%

Avg volume · 30D

FNGG 14.5×the volume

FNGG4.14KWX285

FNGG vs WX Performance

Jul 31, 2026 – Oct 30, 2026

+1.0%FNGG−3.2%WX

Jul 31, 2026 to Oct 30, 2026. FNGG +1.0%. WX −3.2%. Use the arrow keys to read each point.5%10%15%20%25%Jul 2026Sep 2026Oct 2026
Expense ratio
FNGG 0.97%
WX 0.20%, better
Fund size
FNGG $106M
WX $1M
1Y total return
FNGG −2.9%
WX No data
Yield (12M)
FNGG 10.72%
WX No data
Holdings
FNGG 18
WX 1
Avg volume (30D)
FNGG 4.14K sh, better
WX 285 sh
NAV per share
FNGG $245.50
WX $22.96
52W range

ETF.net Grade

FNGG: Cost 29, Risk 52, Mission not scored, Tradability 62, Holdings not scored, Durability 65. WX: Cost 100, Risk 71, Mission not scored, Tradability 31, Holdings not scored, Durability 23.
Pillar letters and Scores for FNGG, WX, with each pillar’s weight
PillarFNGGWX
Cost30% weightD29A100Higher
Mission25% weightNot scoredNot scored
Risk15% weightC52A71Higher
Tradability15% weightB62HigherD31
Holdings10% weightNot scoredNot scored
Durability5% weightB65HigherF23

Rank among Leveraged Long (2x & Other) funds

How we build Categories ›
Same Category. Both funds are graded against the same funds, so their Grades compare head to head.

Same Category. FNGG and WX are both graded against the same 95 Leveraged Long (2x & Other) funds, so their Grades compare head to head.

Leveraged Long (2x & Other)⁠

Category · 95 funds
See all 95 ›

FNGG ranks 34th and WX 37th of 95 funds in the Leveraged Long (2x & Other) Category.

  1. Rank 33CAIBUDirexion Daily AI and Big Data Bull 2X ETFScore 45
  2. Rank 34CFNGGDirexion Daily NYSE FANG+ Bull 2X ETFScore 44
  3. Rank 35CGLDWRoundhill Gold WeeklyPay ETFScore 42
  4. Rank 37CWLDULeverage Shares 2x Long World SScore 40
  5. Rank 37CWXCorgi All World 2x Daily ETFScore 40
  6. Rank 37CXBIXCorgi U.S. Biotech 2x Daily ETFScore 40

Our read on each fund

ETF.net Research

FNGGCDirexion Daily NYSE FANG+ Bull 2X ETF

WXCCorgi All World 2x Daily ETF

In short

FNGG Two-times daily exposure to the NYSE FANG+ Index in one ticker, priced under the typical leveraged fund. Like every daily-reset product, the math is built around a single trading day at a time.

WX No data

Stated mandate

FNGG The fund seeks daily investment results, before fees and expenses, equal to 200% of the NYSE FANG+ Index for a single day.

WX No data

Why people hold it

  • FNGG At 0.97%, the fee sits under the 1.04% median for leveraged bull funds, a corner of the market where costs usually run high.
  • The mandate is spelled out: 200% of the NYSE FANG+ Index for a single day, before fees. No margin account, no borrowing, no overnight call from a broker.direxion.com
  • Direxion has run leveraged funds since long before this one launched in 2021, and FNGG lands in the top quartile of a crowded leveraged-bull field on our review.

WX No data

Worth knowing

  • FNGG The leverage resets every day. Hold past one session and your result can drift from 2x the index's move over that stretch, with choppy markets doing the most damage.
  • Doubling works in both directions: a down day in the index arrives here at roughly twice the size.
  • Trades lighter than the giants of the leveraged shelf, so spreads can widen. Limit orders do more work here than on a heavily traded fund.

WX No data

Full FNGG profile⁠

Full WX profile⁠

FNGG vs WX Holdings

How we measure overlap

Each holding counts at its smaller weight in the two funds, summed over the full Holdings. Sector, country and asset class use the same rule on each fund’s split. Cash, FX and derivative lines stay out of the counts. Two bond funds get no overlap figure.

FNGG vs WX Cost

Overpaying FNGG vs WX

$14,043

On $10,000 over 30 years. 7% growth a year before fees, expense ratio only.

  • FNGG 0.97%

    $18,198

  • WX 0.20%

    $4,155

$10,000
30 years

Cost over time

  • FNGG 0.97%
  • WX 0.20%
  • Overpaying
One line per fund, from year 0 to year 30. Use the arrow keys to read each point.$0$5K$10K$15K$20K051015202530FNGG $18,198WX $4,155

Year by year

YearFNGGWXOverpaying
10$1,712$365$1,347
20$6,443$1,421$5,022
30$18,198$4,155$14,043

Expense ratio

  • 0.97%FNGG
  • 0.20%WX, cheaper
  • Middle half of Leveraged Long (2x & Other) funds
  • Median 0.95%

WX cheapest of 95 funds

FNGG 68th cheapest of 95 funds

FNGG vs WX Dividends

Last 12 months to Oct 30, 2026
Yield (12M)
FNGG 10.72%
WX No data
Payout (12M)
FNGG $24.73
WX None
Last payment
FNGG $0.66
WX No data
Ex-dividend
FNGG Sep 22, 2026
WX No data
Paid on
FNGG Sep 29, 2026
WX No data
Frequency
FNGG Quarterly
WX No data

Distribution history

Per share, 2021 to 2026, same scale for both

FNGGQuarterly · 17 paymentsAll FNGG payments⁠
One bar per payment. 17 payments from 2021 to 2026 YTD. Dec 9, 2021 $11.81; Mar 21, 2023 $0.08; Jun 21, 2023 $0.16; Sep 19, 2023 $0.23; Dec 21, 2023 $0.34; Mar 19, 2024 $0.39; Jun 25, 2024 $0.46; Sep 24, 2024 $0.36; Dec 23, 2024 $0.22; Mar 25, 2025 $0.64; Jun 24, 2025 $0.64; Sep 23, 2025 $0.33; Dec 10, 2025 $22.73; Dec 23, 2025 $0.18; Mar 24, 2026 $0.49; Jun 23, 2026 $0.67; Sep 22, 2026 $0.66. Use the arrow keys to read each point.$0$2520232026YTD
WXAll WX payments⁠

No distribution history available.

FNGG vs WX Risk

Fall from peak · 5 years

This chart needs five years of history for both funds.

Risk facts

VolatilityStd dev, 3 years
FNGG 46.8%WX No data
Return per unit of riskSharpe ratio, 3 years
FNGG 1.14WX No data
Worst fallMax drawdown, 5 years
FNGG −91.3%WX No data
Market sensitivityBeta, 5 years
FNGG 2.81WX 2.76

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