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BITQ vs. FNGU
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between BITQ and FNGU is 0.20, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.


Performance

BITQ vs. FNGU - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Bitwise Crypto Industry Innovators ETF (BITQ) and MicroSectors FANG+™ Index 3X Leveraged ETN (FNGU). The values are adjusted to include any dividend payments, if applicable.

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Key characteristics

Daily Std Dev

BITQ:

46.85%

FNGU:

11.40%

Max Drawdown

BITQ:

0.00%

FNGU:

-1.15%

Current Drawdown

BITQ:

0.00%

FNGU:

-0.53%

Returns By Period


BITQ

YTD

N/A

1M

N/A

6M

N/A

1Y

N/A

5Y*

N/A

10Y*

N/A

FNGU

YTD

N/A

1M

N/A

6M

N/A

1Y

N/A

5Y*

N/A

10Y*

N/A

*Annualized

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BITQ vs. FNGU - Expense Ratio Comparison

BITQ has a 0.85% expense ratio, which is lower than FNGU's 0.95% expense ratio.


Risk-Adjusted Performance

BITQ vs. FNGU — Risk-Adjusted Performance Rank

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

BITQ
The Risk-Adjusted Performance Rank of BITQ is 6868
Overall Rank
The Sharpe Ratio Rank of BITQ is 6464
Sharpe Ratio Rank
The Sortino Ratio Rank of BITQ is 7878
Sortino Ratio Rank
The Omega Ratio Rank of BITQ is 7171
Omega Ratio Rank
The Calmar Ratio Rank of BITQ is 7070
Calmar Ratio Rank
The Martin Ratio Rank of BITQ is 5757
Martin Ratio Rank

FNGU
The Risk-Adjusted Performance Rank of FNGU is 5858
Overall Rank
The Sharpe Ratio Rank of FNGU is 4444
Sharpe Ratio Rank
The Sortino Ratio Rank of FNGU is 7171
Sortino Ratio Rank
The Omega Ratio Rank of FNGU is 7070
Omega Ratio Rank
The Calmar Ratio Rank of FNGU is 6161
Calmar Ratio Rank
The Martin Ratio Rank of FNGU is 4646
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.

BITQ vs. FNGU - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Bitwise Crypto Industry Innovators ETF (BITQ) and MicroSectors FANG+™ Index 3X Leveraged ETN (FNGU). 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.



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Dividends

BITQ vs. FNGU - Dividend Comparison

Neither BITQ nor FNGU has paid dividends to shareholders.


Tickers have no history of dividend payments

Drawdowns

BITQ vs. FNGU - Drawdown Comparison

The maximum BITQ drawdown since its inception was 0.00%, smaller than the maximum FNGU drawdown of -1.15%. Use the drawdown chart below to compare losses from any high point for BITQ and FNGU. For additional features, visit the drawdowns tool.


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Volatility

BITQ vs. FNGU - Volatility Comparison


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