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BNGE vs. RSPN
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between BNGE and RSPN is 0.81, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.


-0.50.00.51.0
Correlation: 0.8

Performance

BNGE vs. RSPN - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in First Trust S-Network Streaming and Gaming ETF (BNGE) and Invesco S&P 500® Equal Weight Industrials ETF (RSPN). The values are adjusted to include any dividend payments, if applicable.

10.00%20.00%30.00%40.00%50.00%NovemberDecember2025FebruaryMarchApril
26.17%
33.02%
BNGE
RSPN

Key characteristics

Sharpe Ratio

BNGE:

1.19

RSPN:

0.25

Sortino Ratio

BNGE:

1.70

RSPN:

0.52

Omega Ratio

BNGE:

1.23

RSPN:

1.07

Calmar Ratio

BNGE:

1.35

RSPN:

0.24

Martin Ratio

BNGE:

5.23

RSPN:

0.84

Ulcer Index

BNGE:

5.12%

RSPN:

6.08%

Daily Std Dev

BNGE:

22.55%

RSPN:

20.03%

Max Drawdown

BNGE:

-40.54%

RSPN:

-61.64%

Current Drawdown

BNGE:

-6.38%

RSPN:

-12.47%

Returns By Period

In the year-to-date period, BNGE achieves a 8.28% return, which is significantly higher than RSPN's -4.27% return.


BNGE

YTD

8.28%

1M

-0.55%

6M

18.20%

1Y

27.15%

5Y*

N/A

10Y*

N/A

RSPN

YTD

-4.27%

1M

-3.97%

6M

-5.86%

1Y

5.43%

5Y*

18.85%

10Y*

10.51%

*Annualized

Compare stocks, funds, or ETFs

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


BNGE vs. RSPN - Expense Ratio Comparison

BNGE has a 0.70% expense ratio, which is higher than RSPN's 0.40% expense ratio.


Expense ratio chart for BNGE: current value is 0.70%, compared with the broader market range of 0.00% to 2.12%.0.50%1.00%1.50%2.00%
BNGE: 0.70%
Expense ratio chart for RSPN: current value is 0.40%, compared with the broader market range of 0.00% to 2.12%.0.50%1.00%1.50%2.00%
RSPN: 0.40%

Risk-Adjusted Performance

BNGE vs. RSPN — Risk-Adjusted Performance Rank

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

BNGE
The Risk-Adjusted Performance Rank of BNGE is 8585
Overall Rank
The Sharpe Ratio Rank of BNGE is 8484
Sharpe Ratio Rank
The Sortino Ratio Rank of BNGE is 8484
Sortino Ratio Rank
The Omega Ratio Rank of BNGE is 8484
Omega Ratio Rank
The Calmar Ratio Rank of BNGE is 8888
Calmar Ratio Rank
The Martin Ratio Rank of BNGE is 8585
Martin Ratio Rank

RSPN
The Risk-Adjusted Performance Rank of RSPN is 3939
Overall Rank
The Sharpe Ratio Rank of RSPN is 3737
Sharpe Ratio Rank
The Sortino Ratio Rank of RSPN is 4040
Sortino Ratio Rank
The Omega Ratio Rank of RSPN is 3838
Omega Ratio Rank
The Calmar Ratio Rank of RSPN is 4141
Calmar Ratio Rank
The Martin Ratio Rank of RSPN is 3838
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.

BNGE vs. RSPN - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for First Trust S-Network Streaming and Gaming ETF (BNGE) and Invesco S&P 500® Equal Weight Industrials ETF (RSPN). 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 BNGE, currently valued at 1.19, compared to the broader market-1.000.001.002.003.004.00
BNGE: 1.19
RSPN: 0.25
The chart of Sortino ratio for BNGE, currently valued at 1.70, compared to the broader market-2.000.002.004.006.008.00
BNGE: 1.70
RSPN: 0.52
The chart of Omega ratio for BNGE, currently valued at 1.23, compared to the broader market0.501.001.502.002.50
BNGE: 1.23
RSPN: 1.07
The chart of Calmar ratio for BNGE, currently valued at 1.35, compared to the broader market0.002.004.006.008.0010.0012.00
BNGE: 1.35
RSPN: 0.24
The chart of Martin ratio for BNGE, currently valued at 5.23, compared to the broader market0.0020.0040.0060.00
BNGE: 5.23
RSPN: 0.84

The current BNGE Sharpe Ratio is 1.19, which is higher than the RSPN Sharpe Ratio of 0.25. The chart below compares the historical Sharpe Ratios of BNGE and RSPN, 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 Ratio0.001.002.003.00NovemberDecember2025FebruaryMarchApril
1.19
0.25
BNGE
RSPN

Dividends

BNGE vs. RSPN - Dividend Comparison

BNGE has not paid dividends to shareholders, while RSPN's dividend yield for the trailing twelve months is around 1.03%.


TTM202420232022
BNGE
First Trust S-Network Streaming and Gaming ETF
0.00%0.01%0.81%0.60%
RSPN
Invesco S&P 500® Equal Weight Industrials ETF
1.03%0.98%0.55%0.00%

Drawdowns

BNGE vs. RSPN - Drawdown Comparison

The maximum BNGE drawdown since its inception was -40.54%, smaller than the maximum RSPN drawdown of -61.64%. Use the drawdown chart below to compare losses from any high point for BNGE and RSPN. For additional features, visit the drawdowns tool.


-20.00%-15.00%-10.00%-5.00%0.00%NovemberDecember2025FebruaryMarchApril
-6.38%
-12.47%
BNGE
RSPN

Volatility

BNGE vs. RSPN - Volatility Comparison

First Trust S-Network Streaming and Gaming ETF (BNGE) and Invesco S&P 500® Equal Weight Industrials ETF (RSPN) have volatilities of 14.21% and 13.93%, 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.


2.00%4.00%6.00%8.00%10.00%12.00%14.00%NovemberDecember2025FebruaryMarchApril
14.21%
13.93%
BNGE
RSPN