MicroSectors FANG Innovation 3x Leveraged ETN Drops 18% in One Session Amid Tech Sell-Off
The MicroSectors FANG Innovation 3x Leveraged ETN (BULZ) fell nearly 18% on June 5, 2026, due to a coordinated selloff among major tech stocks. Despite the sharp decline in one day and further losses over five trading days, BULZ remains up significantly year-to-date by about 192%. The drop highlights risks associated with leveraged products.
Topics: BULZ ETF/ETN volatility leverage tech sector selloff