SOXL TQQQ FNGU
Asset Allocation
| Position | Category/Sector | Weight |
|---|---|---|
FNGU MicroSectors FANG+™ Index 3X Leveraged ETN | Leveraged Equities, Leveraged | 33.33% |
SOXL Direxion Daily Semiconductor Bull 3x Shares | Leveraged Equities, Leveraged | 33.33% |
TQQQ ProShares UltraPro QQQ | Leveraged Equities, Leveraged | 33.33% |
Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in SOXL TQQQ FNGU, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends. The portfolio is rebalanced Quarterly
The earliest data available for this chart is Jan 23, 2018, corresponding to the inception date of FNGU
Returns By Period
| Year-To-Date | 1 month | 6 months | 1 year | 5 years (annualized) | 10 years (annualized) | |
|---|---|---|---|---|---|---|
^GSPC S&P 500 | 25.48% | 2.14% | 12.76% | 33.14% | 13.96% | 11.39% |
| SOXL TQQQ FNGU | 57.52% | -1.00% | 10.24% | 98.81% | 40.90% | N/A |
| Portfolio components: | ||||||
SOXL Direxion Daily Semiconductor Bull 3x Shares | -4.93% | -27.27% | -36.54% | 35.13% | 14.52% | 32.97% |
TQQQ ProShares UltraPro QQQ | 63.05% | 7.34% | 29.77% | 93.36% | 35.20% | 35.62% |
FNGU MicroSectors FANG+™ Index 3X Leveraged ETN | 126.45% | 16.58% | 47.52% | 168.87% | 63.54% | N/A |
Monthly Returns
The table below presents the monthly returns of SOXL TQQQ FNGU, with color gradation from worst to best to easily spot seasonal factors. Returns are adjusted for dividends.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | 4.71% | 25.34% | 4.22% | -14.26% | 20.88% | 20.99% | -11.83% | -5.68% | 2.41% | -6.10% | 57.52% | ||
| 2023 | 47.73% | 1.79% | 31.25% | -9.16% | 42.27% | 19.52% | 11.46% | -10.95% | -18.20% | -12.03% | 42.96% | 23.29% | 283.78% |
| 2022 | -28.37% | -16.01% | 3.83% | -43.19% | -3.24% | -34.02% | 40.45% | -20.27% | -32.85% | -4.27% | 31.85% | -27.98% | -84.51% |
| 2021 | 3.24% | 10.04% | -5.79% | 9.49% | -3.23% | 21.64% | 0.45% | 8.80% | -15.02% | 25.33% | 12.00% | -1.32% | 77.43% |
| 2020 | 7.10% | -12.66% | -44.80% | 48.52% | 18.55% | 21.55% | 28.71% | 43.85% | -15.20% | -6.95% | 40.49% | 20.25% | 172.79% |
| 2019 | 31.31% | 9.21% | 10.00% | 22.35% | -36.33% | 28.87% | 11.08% | -10.28% | 3.07% | 15.62% | 15.43% | 19.88% | 160.27% |
| 2018 | 0.33% | -1.48% | -15.66% | -3.98% | 24.88% | 2.05% | 1.48% | 13.24% | -7.32% | -28.84% | -4.21% | -26.20% | -45.35% |
Expense Ratio
SOXL TQQQ FNGU has a high expense ratio of 0.96%, indicating higher-than-average management fees. Below you can find the expense ratios of portfolio funds side-by-side and effortlessly compare their relative costs.
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current rank of SOXL TQQQ FNGU is 15, indicating that it is in the bottom 15% of portfolios on our website in terms of risk-adjusted performance. This ranking is based on the combined values of the indicators listed below.
Risk-Adjusted Performance Indicators
This table presents a comparison of risk-adjusted performance metrics for positions. Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
| Sharpe ratio | Sortino ratio | Omega ratio | Calmar ratio | Martin ratio | |
|---|---|---|---|---|---|
SOXL Direxion Daily Semiconductor Bull 3x Shares | 0.49 | 1.29 | 1.17 | 0.70 | 1.61 |
TQQQ ProShares UltraPro QQQ | 2.04 | 2.42 | 1.33 | 2.06 | 8.51 |
FNGU MicroSectors FANG+™ Index 3X Leveraged ETN | 2.63 | 2.73 | 1.37 | 3.04 | 10.86 |
Dividends
Dividend yield
SOXL TQQQ FNGU provided a 0.73% dividend yield over the last twelve months.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Portfolio | 0.73% | 0.59% | 0.55% | 0.01% | 0.02% | 0.15% | 0.47% | 0.03% | 1.61% | 0.00% | 0.01% |
| Portfolio components: | |||||||||||
SOXL Direxion Daily Semiconductor Bull 3x Shares | 1.03% | 0.51% | 1.08% | 0.04% | 0.05% | 0.38% | 1.30% | 0.09% | 4.84% | 0.00% | 0.00% |
TQQQ ProShares UltraPro QQQ | 1.16% | 1.26% | 0.57% | 0.00% | 0.00% | 0.06% | 0.11% | 0.00% | 0.00% | 0.01% | 0.03% |
FNGU MicroSectors FANG+™ Index 3X Leveraged ETN | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.
Worst Drawdowns
The table below displays the maximum drawdowns of the SOXL TQQQ FNGU. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.
The maximum drawdown for the SOXL TQQQ FNGU was 87.47%, occurring on Nov 3, 2022. Recovery took 416 trading sessions.
The current SOXL TQQQ FNGU drawdown is 24.46%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -87.47% | Nov 22, 2021 | 240 | Nov 3, 2022 | 416 | Jul 3, 2024 | 656 |
| -74.89% | Feb 20, 2020 | 22 | Mar 20, 2020 | 94 | Aug 4, 2020 | 116 |
| -63.06% | Jun 15, 2018 | 133 | Dec 24, 2018 | 234 | Nov 27, 2019 | 367 |
| -48.85% | Jul 11, 2024 | 20 | Aug 7, 2024 | — | — | — |
| -38.42% | Feb 17, 2021 | 14 | Mar 8, 2021 | 103 | Aug 3, 2021 | 117 |
Volatility
Volatility Chart
The current SOXL TQQQ FNGU volatility is 18.00%, representing the average percentage change in the investments's value, either up or down over the past month. The chart below shows the rolling one-month volatility.
Diversification
Asset Correlations Table
| SOXL | FNGU | TQQQ | |
|---|---|---|---|
| SOXL | 1.00 | 0.77 | 0.85 |
| FNGU | 0.77 | 1.00 | 0.91 |
| TQQQ | 0.85 | 0.91 | 1.00 |