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AMZZ vs. FNGO
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between AMZZ and FNGO is 0.68, 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.


-0.50.00.51.0
Correlation: 0.7

Performance

AMZZ vs. FNGO - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in GraniteShares 2x Long AMZN Daily ETF (AMZZ) and MicroSectors FANG+ Index 2X Leveraged ETN (FNGO). The values are adjusted to include any dividend payments, if applicable.

-20.00%0.00%20.00%40.00%60.00%80.00%December2025FebruaryMarchAprilMay
-4.76%
39.27%
AMZZ
FNGO

Key characteristics

Sharpe Ratio

AMZZ:

-0.15

FNGO:

0.60

Sortino Ratio

AMZZ:

0.25

FNGO:

1.21

Omega Ratio

AMZZ:

1.03

FNGO:

1.16

Calmar Ratio

AMZZ:

-0.18

FNGO:

0.81

Martin Ratio

AMZZ:

-0.46

FNGO:

2.18

Ulcer Index

AMZZ:

21.73%

FNGO:

17.73%

Daily Std Dev

AMZZ:

67.28%

FNGO:

64.53%

Max Drawdown

AMZZ:

-55.28%

FNGO:

-78.39%

Current Drawdown

AMZZ:

-42.80%

FNGO:

-23.79%

Returns By Period

In the year-to-date period, AMZZ achieves a -31.16% return, which is significantly lower than FNGO's -14.33% return.


AMZZ

YTD

-31.16%

1M

-6.49%

6M

-7.18%

1Y

-7.75%

5Y*

N/A

10Y*

N/A

FNGO

YTD

-14.33%

1M

13.82%

6M

8.54%

1Y

46.42%

5Y*

46.65%

10Y*

N/A

*Annualized

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.


AMZZ vs. FNGO - Expense Ratio Comparison

AMZZ has a 1.15% expense ratio, which is higher than FNGO's 0.95% expense ratio.


Expense ratio chart for AMZZ: current value is 1.15%, compared with the broader market range of 0.00% to 2.12%.0.50%1.00%1.50%2.00%
AMZZ: 1.15%
Expense ratio chart for FNGO: current value is 0.95%, compared with the broader market range of 0.00% to 2.12%.0.50%1.00%1.50%2.00%
FNGO: 0.95%

Risk-Adjusted Performance

AMZZ vs. FNGO — Risk-Adjusted Performance Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

AMZZ
The Risk-Adjusted Performance Rank of AMZZ is 1616
Overall Rank
The Sharpe Ratio Rank of AMZZ is 1313
Sharpe Ratio Rank
The Sortino Ratio Rank of AMZZ is 2424
Sortino Ratio Rank
The Omega Ratio Rank of AMZZ is 2323
Omega Ratio Rank
The Calmar Ratio Rank of AMZZ is 1010
Calmar Ratio Rank
The Martin Ratio Rank of AMZZ is 1212
Martin Ratio Rank

FNGO
The Risk-Adjusted Performance Rank of FNGO is 6969
Overall Rank
The Sharpe Ratio Rank of FNGO is 6262
Sharpe Ratio Rank
The Sortino Ratio Rank of FNGO is 7373
Sortino Ratio Rank
The Omega Ratio Rank of FNGO is 7171
Omega Ratio Rank
The Calmar Ratio Rank of FNGO is 7777
Calmar Ratio Rank
The Martin Ratio Rank of FNGO is 6161
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

AMZZ vs. FNGO - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for GraniteShares 2x Long AMZN Daily ETF (AMZZ) and MicroSectors FANG+ Index 2X Leveraged ETN (FNGO). 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.


The chart of Sharpe ratio for AMZZ, currently valued at -0.15, compared to the broader market-1.000.001.002.003.004.00
AMZZ: -0.15
FNGO: 0.60
The chart of Sortino ratio for AMZZ, currently valued at 0.25, compared to the broader market-2.000.002.004.006.008.00
AMZZ: 0.25
FNGO: 1.21
The chart of Omega ratio for AMZZ, currently valued at 1.03, compared to the broader market0.501.001.502.002.50
AMZZ: 1.03
FNGO: 1.16
The chart of Calmar ratio for AMZZ, currently valued at -0.18, compared to the broader market0.002.004.006.008.0010.00
AMZZ: -0.18
FNGO: 0.81
The chart of Martin ratio for AMZZ, currently valued at -0.46, compared to the broader market0.0020.0040.0060.00
AMZZ: -0.46
FNGO: 2.18

The current AMZZ Sharpe Ratio is -0.15, which is lower than the FNGO Sharpe Ratio of 0.60. The chart below compares the historical Sharpe Ratios of AMZZ and FNGO, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


Rolling 12-month Sharpe Ratio-0.40-0.200.000.200.400.60Mar 23Mar 30Apr 06Apr 13Apr 20Apr 27
-0.15
0.60
AMZZ
FNGO

Dividends

AMZZ vs. FNGO - Dividend Comparison

Neither AMZZ nor FNGO has paid dividends to shareholders.


Tickers have no history of dividend payments

Drawdowns

AMZZ vs. FNGO - Drawdown Comparison

The maximum AMZZ drawdown since its inception was -55.28%, smaller than the maximum FNGO drawdown of -78.39%. Use the drawdown chart below to compare losses from any high point for AMZZ and FNGO. For additional features, visit the drawdowns tool.


-60.00%-50.00%-40.00%-30.00%-20.00%-10.00%0.00%December2025FebruaryMarchAprilMay
-42.80%
-23.79%
AMZZ
FNGO

Volatility

AMZZ vs. FNGO - Volatility Comparison

GraniteShares 2x Long AMZN Daily ETF (AMZZ) and MicroSectors FANG+ Index 2X Leveraged ETN (FNGO) have volatilities of 38.57% and 38.36%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.


10.00%15.00%20.00%25.00%30.00%35.00%40.00%December2025FebruaryMarchAprilMay
38.57%
38.36%
AMZZ
FNGO