APO vs. FNGG
Compare and contrast key facts about Apollo Global Management, Inc. (APO) and Direxion Daily NYSE FANG+ Bull 2X Shares (FNGG).
FNGG is a passively managed fund by Direxion that tracks the performance of the NYSE FANG+ Index (2x Leveraged). It was launched on Sep 30, 2021.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: APO or FNGG.
Correlation
The correlation between APO and FNGG is 0.59, 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
APO vs. FNGG - Performance Comparison
Key characteristics
APO:
2.39
FNGG:
2.13
APO:
2.94
FNGG:
2.51
APO:
1.42
FNGG:
1.33
APO:
3.73
FNGG:
1.53
APO:
13.89
FNGG:
9.11
APO:
5.61%
FNGG:
11.64%
APO:
32.55%
FNGG:
49.60%
APO:
-56.98%
FNGG:
-91.33%
APO:
-5.25%
FNGG:
-38.98%
Returns By Period
In the year-to-date period, APO achieves a 2.47% return, which is significantly lower than FNGG's 4.94% return.
APO
2.47%
-1.05%
36.52%
76.26%
30.54%
27.67%
FNGG
4.94%
2.16%
27.30%
96.22%
N/A
N/A
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Risk-Adjusted Performance
APO vs. FNGG — Risk-Adjusted Performance Rank
APO
FNGG
APO vs. FNGG - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Apollo Global Management, Inc. (APO) and Direxion Daily NYSE FANG+ Bull 2X Shares (FNGG). 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
APO vs. FNGG - Dividend Comparison
APO's dividend yield for the trailing twelve months is around 1.07%, more than FNGG's 0.75% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
APO Apollo Global Management, Inc. | 1.07% | 1.10% | 1.81% | 2.51% | 2.90% | 4.72% | 4.23% | 7.86% | 5.53% | 6.46% | 12.91% | 13.19% |
FNGG Direxion Daily NYSE FANG+ Bull 2X Shares | 0.75% | 0.79% | 0.88% | 0.00% | 4.99% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Drawdowns
APO vs. FNGG - Drawdown Comparison
The maximum APO drawdown since its inception was -56.98%, smaller than the maximum FNGG drawdown of -91.33%. Use the drawdown chart below to compare losses from any high point for APO and FNGG. For additional features, visit the drawdowns tool.
Volatility
APO vs. FNGG - Volatility Comparison
The current volatility for Apollo Global Management, Inc. (APO) is 10.41%, while Direxion Daily NYSE FANG+ Bull 2X Shares (FNGG) has a volatility of 15.02%. This indicates that APO experiences smaller price fluctuations and is considered to be less risky than FNGG based on this measure. The chart below showcases a comparison of their rolling one-month volatility.