Share Price Chart
Loading graphics...
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in MicroSectors Solactive FANG & Innovation 3X Leveraged ETN, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.
Loading graphics...
Returns By Period
MicroSectors Solactive FANG & Innovation 3X Leveraged ETN (BULZ) has returned -32.23% so far this year and 68.79% over the past 12 months.
MicroSectors Solactive FANG & Innovation 3X Leveraged ETN
- 1D
- 15.12%
- 1M
- -15.60%
- YTD
- -32.23%
- 6M
- -31.80%
- 1Y
- 68.79%
- 3Y*
- 56.38%
- 5Y*
- —
- 10Y*
- —
Benchmark (S&P 500 Index)
- 1D
- 2.91%
- 1M
- -5.09%
- YTD
- -4.63%
- 6M
- -2.39%
- 1Y
- 16.33%
- 3Y*
- 16.69%
- 5Y*
- 10.18%
- 10Y*
- 12.16%
Monthly Returns
Based on dividend-adjusted daily data since Aug 18, 2021, BULZ's average daily return is +0.14%, while the average monthly return is +2.27%. At this rate, your investment would double in approximately 2.6 years.
Historically, 52% of months were positive and 48% were negative. The best month was Jan 2023 with a return of +58.1%, while the worst month was Apr 2022 at -51.1%. The longest winning streak lasted 6 consecutive months, and the longest losing streak was 5 months.
On a daily basis, BULZ closed higher 53% of trading days. The best single day was Apr 9, 2025 with a return of +43.0%, while the worst single day was Apr 4, 2025 at -21.7%.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | -1.56% | -18.43% | -15.60% | -32.23% | |||||||||
| 2025 | 3.70% | -14.98% | -27.10% | -3.57% | 36.08% | 28.98% | 6.57% | 1.93% | 34.62% | 22.75% | -16.61% | -1.69% | 60.09% |
| 2024 | 8.69% | 19.33% | 0.89% | -19.14% | 12.92% | 28.47% | -11.88% | -6.42% | 10.28% | -7.46% | 18.98% | 0.27% | 54.09% |
| 2023 | 58.06% | -3.30% | 41.36% | -9.70% | 44.15% | 20.12% | 15.85% | -8.65% | -17.85% | -5.39% | 48.85% | 19.49% | 394.22% |
| 2022 | -33.79% | -19.51% | 0.61% | -51.09% | -11.79% | -39.94% | 46.86% | -25.13% | -37.86% | 3.64% | 17.01% | -32.73% | -92.26% |
| 2021 | 16.76% | -15.68% | 25.26% | 2.72% | -11.09% | 12.62% |
Benchmark Metrics
MicroSectors Solactive FANG & Innovation 3X Leveraged ETN has an annualized alpha of -12.24%, beta of 4.75, and R² of 0.81 versus S&P 500 Index. Calculated based on daily prices since August 19, 2021.
- This ETF captured 667.67% of S&P 500 Index gains and 246.38% of its losses — amplifying both gains and losses, but participating more in upside than downside.
- This ETF had an annualized alpha of -12.24% versus S&P 500 Index — delivering less than market exposure alone would predict.
- Beta of 4.75 means this ETF moves significantly more than S&P 500 Index — expect amplified gains in rallies and amplified losses in downturns.
- Alpha
- -12.24%
- Beta
- 4.75
- R²
- 0.81
- Upside Capture
- 667.67%
- Downside Capture
- 246.38%
Expense Ratio
BULZ has a high expense ratio of 0.95%, indicating above-average management fees.
Return for Risk
Risk / Return Rank
BULZ ranks 46 for risk / return — on par with similar ETFs. You're getting a typical balance of risk and reward. Not a standout, but not a red flag either — a reasonable choice if other factors align with your goals.
Return / Risk — by metrics
The table below present risk-adjusted performance metrics for MicroSectors Solactive FANG & Innovation 3X Leveraged ETN (BULZ) and compare them to a chosen benchmark (S&P 500 Index).
| BULZ | Benchmark | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 0.75 | 0.90 | -0.15 |
Sortino ratioReturn per unit of downside risk | 1.54 | 1.39 | +0.16 |
Omega ratioGain probability vs. loss probability | 1.21 | 1.21 | 0.00 |
Calmar ratioReturn relative to maximum drawdown | 1.21 | 1.40 | -0.19 |
Martin ratioReturn relative to average drawdown | 3.28 | 6.61 | -3.33 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Explore BULZ risk-adjusted metrics in detail
Dive deeper into individual metrics with historical trends, benchmark comparisons, and performance across different time periods.
Dividends
Dividend History
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.
Loading graphics...
Worst Drawdowns
The table below displays the maximum drawdowns of the MicroSectors Solactive FANG & Innovation 3X Leveraged ETN. 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 MicroSectors Solactive FANG & Innovation 3X Leveraged ETN was 94.44%, occurring on Dec 28, 2022. The portfolio has not yet recovered.
The current MicroSectors Solactive FANG & Innovation 3X Leveraged ETN drawdown is 49.18%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -94.44% | Nov 22, 2021 | 277 | Dec 28, 2022 | — | — | — |
| -22.71% | Aug 31, 2021 | 24 | Oct 4, 2021 | 18 | Oct 28, 2021 | 42 |
| -10.77% | Nov 9, 2021 | 2 | Nov 10, 2021 | 7 | Nov 19, 2021 | 9 |
| -2.25% | Nov 5, 2021 | 1 | Nov 5, 2021 | 1 | Nov 8, 2021 | 2 |
| -1.62% | Aug 24, 2021 | 3 | Aug 26, 2021 | 1 | Aug 27, 2021 | 4 |
Volatility
Volatility Chart
The chart below shows the rolling one-month volatility.
Loading graphics...