BLD vs. FNGU
Compare and contrast key facts about TopBuild Corp. (BLD) and MicroSectors FANG+™ Index 3X Leveraged ETN (FNGU).
FNGU is a passively managed fund by Bank of Montreal that tracks the performance of the NYSE FANG (TR) (300%). It was launched on Jan 22, 2018.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: BLD or FNGU.
Correlation
The correlation between BLD and FNGU is 0.40, 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
BLD vs. FNGU - Performance Comparison
Key characteristics
BLD:
-0.46
FNGU:
2.02
BLD:
-0.44
FNGU:
2.35
BLD:
0.95
FNGU:
1.31
BLD:
-0.51
FNGU:
2.58
BLD:
-1.26
FNGU:
8.58
BLD:
14.41%
FNGU:
17.41%
BLD:
39.60%
FNGU:
73.81%
BLD:
-52.26%
FNGU:
-92.34%
BLD:
-35.51%
FNGU:
-14.19%
Returns By Period
In the year-to-date period, BLD achieves a -17.45% return, which is significantly lower than FNGU's 156.09% return.
BLD
-17.45%
-11.75%
-20.41%
-16.14%
24.62%
N/A
FNGU
156.09%
16.42%
37.34%
161.35%
58.71%
N/A
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Risk-Adjusted Performance
BLD vs. FNGU - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for TopBuild Corp. (BLD) 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.
Dividends
BLD vs. FNGU - Dividend Comparison
Neither BLD nor FNGU has paid dividends to shareholders.
Drawdowns
BLD vs. FNGU - Drawdown Comparison
The maximum BLD drawdown since its inception was -52.26%, smaller than the maximum FNGU drawdown of -92.34%. Use the drawdown chart below to compare losses from any high point for BLD and FNGU. For additional features, visit the drawdowns tool.
Volatility
BLD vs. FNGU - Volatility Comparison
The current volatility for TopBuild Corp. (BLD) is 14.60%, while MicroSectors FANG+™ Index 3X Leveraged ETN (FNGU) has a volatility of 22.37%. This indicates that BLD experiences smaller price fluctuations and is considered to be less risky than FNGU based on this measure. The chart below showcases a comparison of their rolling one-month volatility.