ABEA.DE vs. FNGS
Compare and contrast key facts about Alphabet Inc Class A (ABEA.DE) and MicroSectors FANG+ ETN (FNGS).
FNGS is a passively managed fund by BMO Financial Group that tracks the performance of the NYSE FANG+ Index. It was launched on Nov 12, 2019.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: ABEA.DE or FNGS.
Correlation
The correlation between ABEA.DE and FNGS is 0.49, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Performance
ABEA.DE vs. FNGS - Performance Comparison
Key characteristics
ABEA.DE:
1.55
FNGS:
2.01
ABEA.DE:
2.18
FNGS:
2.56
ABEA.DE:
1.30
FNGS:
1.34
ABEA.DE:
1.90
FNGS:
2.92
ABEA.DE:
4.72
FNGS:
9.46
ABEA.DE:
9.35%
FNGS:
5.50%
ABEA.DE:
28.39%
FNGS:
25.82%
ABEA.DE:
-60.31%
FNGS:
-48.98%
ABEA.DE:
-3.06%
FNGS:
-5.35%
Returns By Period
ABEA.DE
0.00%
14.05%
6.79%
44.40%
24.49%
23.43%
FNGS
0.00%
6.66%
12.85%
51.99%
32.46%
N/A
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Risk-Adjusted Performance
ABEA.DE vs. FNGS - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Alphabet Inc Class A (ABEA.DE) and MicroSectors FANG+ ETN (FNGS). 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.
Dividends
ABEA.DE vs. FNGS - Dividend Comparison
ABEA.DE's dividend yield for the trailing twelve months is around 0.30%, while FNGS has not paid dividends to shareholders.
| TTM | |
|---|---|
ABEA.DE Alphabet Inc Class A | 0.30% |
FNGS MicroSectors FANG+ ETN | 0.00% |
Drawdowns
ABEA.DE vs. FNGS - Drawdown Comparison
The maximum ABEA.DE drawdown since its inception was -60.31%, which is greater than FNGS's maximum drawdown of -48.98%. Use the drawdown chart below to compare losses from any high point for ABEA.DE and FNGS. For additional features, visit the drawdowns tool.
Volatility
ABEA.DE vs. FNGS - Volatility Comparison
The current volatility for Alphabet Inc Class A (ABEA.DE) is 7.86%, while MicroSectors FANG+ ETN (FNGS) has a volatility of 8.43%. This indicates that ABEA.DE experiences smaller price fluctuations and is considered to be less risky than FNGS based on this measure. The chart below showcases a comparison of their rolling one-month volatility.