An investor who put $10,000 into FNGU on June 1, 2026 watched it shrink by roughly 28.88% in a single month, while the Nasdaq-100 barely moved. That gap is the product working as designed. It is also the hidden cost the marketing page will never lead with. What You’re Actually Paying The MicroSectors FANG+ Index ... Why FNGU’s 0.95% Fee Is Only Half the Hidden Cost