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

Correlation

The correlation between BYDIY and FNGU is 0.08, 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

BYDIY vs. FNGU - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in BYD Electronic (International) Company Limited (BYDIY) 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

Sharpe Ratio

BYDIY:

0.10

FNGU:

0.22

Sortino Ratio

BYDIY:

0.70

FNGU:

0.99

Omega Ratio

BYDIY:

1.10

FNGU:

1.13

Calmar Ratio

BYDIY:

0.07

FNGU:

0.36

Martin Ratio

BYDIY:

0.16

FNGU:

0.84

Ulcer Index

BYDIY:

24.41%

FNGU:

27.31%

Daily Std Dev

BYDIY:

80.18%

FNGU:

93.25%

Max Drawdown

BYDIY:

-65.99%

FNGU:

-92.34%

Current Drawdown

BYDIY:

-44.63%

FNGU:

-37.57%

Returns By Period

In the year-to-date period, BYDIY achieves a -21.40% return, which is significantly higher than FNGU's -25.65% return.


BYDIY

YTD

-21.40%

1M

9.26%

6M

14.95%

1Y

8.37%

3Y*

32.15%

5Y*

N/A

10Y*

N/A

FNGU

YTD

-25.65%

1M

56.30%

6M

-14.42%

1Y

17.65%

3Y*

76.14%

5Y*

40.48%

10Y*

N/A

*Annualized

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Risk-Adjusted Performance

BYDIY vs. FNGU — Risk-Adjusted Performance Rank

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

BYDIY
The Risk-Adjusted Performance Rank of BYDIY is 5656
Overall Rank
The Sharpe Ratio Rank of BYDIY is 5656
Sharpe Ratio Rank
The Sortino Ratio Rank of BYDIY is 5858
Sortino Ratio Rank
The Omega Ratio Rank of BYDIY is 5959
Omega Ratio Rank
The Calmar Ratio Rank of BYDIY is 5555
Calmar Ratio Rank
The Martin Ratio Rank of BYDIY is 5353
Martin Ratio Rank

FNGU
The Risk-Adjusted Performance Rank of FNGU is 4444
Overall Rank
The Sharpe Ratio Rank of FNGU is 2828
Sharpe Ratio Rank
The Sortino Ratio Rank of FNGU is 5959
Sortino Ratio Rank
The Omega Ratio Rank of FNGU is 5858
Omega Ratio Rank
The Calmar Ratio Rank of FNGU is 4343
Calmar Ratio Rank
The Martin Ratio Rank of FNGU is 3131
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.

BYDIY vs. FNGU - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for BYD Electronic (International) Company Limited (BYDIY) 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.


The current BYDIY Sharpe Ratio is 0.10, which is lower than the FNGU Sharpe Ratio of 0.22. The chart below compares the historical Sharpe Ratios of BYDIY and FNGU, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


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Dividends

BYDIY vs. FNGU - Dividend Comparison

BYDIY's dividend yield for the trailing twelve months is around 1.70%, while FNGU has not paid dividends to shareholders.


TTM2024202320222021
BYDIY
BYD Electronic (International) Company Limited
1.70%1.33%0.52%0.48%1.07%
FNGU
MicroSectors FANG+™ Index 3X Leveraged ETN
0.00%0.00%0.00%0.00%0.00%

Drawdowns

BYDIY vs. FNGU - Drawdown Comparison

The maximum BYDIY drawdown since its inception was -65.99%, smaller than the maximum FNGU drawdown of -92.34%. Use the drawdown chart below to compare losses from any high point for BYDIY and FNGU. For additional features, visit the drawdowns tool.


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Volatility

BYDIY vs. FNGU - Volatility Comparison

BYD Electronic (International) Company Limited (BYDIY) has a higher volatility of 25.71% compared to MicroSectors FANG+™ Index 3X Leveraged ETN (FNGU) at 19.34%. This indicates that BYDIY's price experiences larger fluctuations and is considered to be riskier than FNGU based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


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