ASIA vs. FNGS
Compare and contrast key facts about Matthews Pacific Tiger Active ETF (ASIA) and MicroSectors FANG+ ETN (FNGS).
ASIA and FNGS are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. ASIA is an actively managed fund by Matthews Asia. It was launched on Sep 21, 2023. 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: ASIA or FNGS.
Correlation
The correlation between ASIA and FNGS is 0.55, 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
ASIA vs. FNGS - Performance Comparison
Key characteristics
ASIA:
0.28
FNGS:
1.83
ASIA:
0.52
FNGS:
2.37
ASIA:
1.06
FNGS:
1.31
ASIA:
0.32
FNGS:
2.65
ASIA:
0.85
FNGS:
8.46
ASIA:
5.95%
FNGS:
5.58%
ASIA:
17.92%
FNGS:
25.87%
ASIA:
-16.06%
FNGS:
-48.98%
ASIA:
-15.33%
FNGS:
-7.41%
Returns By Period
In the year-to-date period, ASIA achieves a -2.86% return, which is significantly lower than FNGS's -2.18% return.
ASIA
-2.86%
-6.22%
-7.18%
4.71%
N/A
N/A
FNGS
-2.18%
-4.79%
9.87%
48.09%
30.64%
N/A
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ASIA vs. FNGS - Expense Ratio Comparison
ASIA has a 0.79% expense ratio, which is higher than FNGS's 0.58% expense ratio.
Risk-Adjusted Performance
ASIA vs. FNGS — Risk-Adjusted Performance Rank
ASIA
FNGS
ASIA vs. FNGS - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Matthews Pacific Tiger Active ETF (ASIA) 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
ASIA vs. FNGS - Dividend Comparison
ASIA's dividend yield for the trailing twelve months is around 0.60%, while FNGS has not paid dividends to shareholders.
| TTM | 2024 | 2023 | |
|---|---|---|---|
ASIA Matthews Pacific Tiger Active ETF | 0.60% | 0.58% | 0.12% |
FNGS MicroSectors FANG+ ETN | 0.00% | 0.00% | 0.00% |
Drawdowns
ASIA vs. FNGS - Drawdown Comparison
The maximum ASIA drawdown since its inception was -16.06%, smaller than the maximum FNGS drawdown of -48.98%. Use the drawdown chart below to compare losses from any high point for ASIA and FNGS. For additional features, visit the drawdowns tool.
Volatility
ASIA vs. FNGS - Volatility Comparison
The current volatility for Matthews Pacific Tiger Active ETF (ASIA) is 4.56%, while MicroSectors FANG+ ETN (FNGS) has a volatility of 8.39%. This indicates that ASIA 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.