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MicroSectors FANG+ Index Inverse ETNS (GNAF)

ETF · Currency in USD
ISIN
US0636798318
CUSIP
063679831
Issuer
BMO Financial Group
Inception Date
Aug 1, 2018
Region
North America (U.S.)
Category
Inverse Equities
Expense Ratio
0.95%
Index Tracked
NYSE FANG (TR) (-100%)
Asset Class
Equity

Asset Class Size

Multi-Cap

GNAFPrice Chart


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GNAFPerformance

The chart shows the growth of $10,000 invested in MicroSectors FANG+ Index Inverse ETNS on Aug 15, 2018 and compares it to the S&P 500 index or another benchmark. It would be worth nearly $2,558 for a total return of roughly -74.42%. All prices are adjusted for splits and dividends.


GNAF (MicroSectors FANG+ Index Inverse ETNS)
Benchmark (S&P 500)

GNAFReturns in periods

Returns over 1 year are annualized

PeriodReturnBenchmark
YTD0.00%0.64%
1M-5.22%5.69%
6M-6.54%10.21%
1Y-23.65%27.70%
5Y-35.38%20.87%
10Y-35.38%20.87%

GNAFMonthly Returns Heatmap


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GNAFSharpe Ratio Chart

The Sharpe ratio shows whether the portfolio's excess returns are due to smart investment decisions or a result of taking a higher risk. The higher a portfolio's Sharpe ratio, the better its risk-adjusted performance.

The current MicroSectors FANG+ Index Inverse ETNS Sharpe ratio is -1.02. A negative Sharpe ratio means that the risk-free rate is higher than the portfolio's return. This value does not convey any meaningful information.

The chart below displays rolling 12-month Sharpe Ratio.


GNAF (MicroSectors FANG+ Index Inverse ETNS)
Benchmark (S&P 500)

GNAFDividends


MicroSectors FANG+ Index Inverse ETNS doesn't pay dividends

GNAFDrawdowns Chart

The Drawdowns chart displays portfolio losses from any high point along the way.


GNAF (MicroSectors FANG+ Index Inverse ETNS)
Benchmark (S&P 500)

GNAFWorst Drawdowns

The table below shows the maximum drawdowns of the MicroSectors FANG+ Index Inverse ETNS. A maximum drawdown is an indicator of risk. It shows a reduction in portfolio value from its maximum due to a series of losing trades.

The maximum drawdown since January 2010 for the MicroSectors FANG+ Index Inverse ETNS is 80.91%, recorded on Nov 4, 2021. The portfolio has not recovered from it yet.


Depth

Start

To Bottom

Bottom

To Recover

End

Total

-80.91%Dec 26, 2018722Nov 4, 2021
-5.89%Oct 12, 20182Oct 17, 201813Dec 17, 201815
-1.69%Aug 15, 20181Aug 15, 20181Sep 7, 20182
-1.6%Sep 17, 20181Sep 17, 20182Oct 11, 20183
-0.85%Dec 18, 20181Dec 18, 20181Dec 19, 20182

GNAFVolatility Chart

Current MicroSectors FANG+ Index Inverse ETNS volatility is 0.00%. The chart below shows the rolling 10-day volatility. Volatility is a statistical measure showing how big price swings are in either direction. The higher asset volatility, the riskier it is, because the price movements are less predictable.


GNAF (MicroSectors FANG+ Index Inverse ETNS)
Benchmark (S&P 500)

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