BYDIY vs. FNGU
Compare and contrast key facts about BYD Electronic (International) Company Limited (BYDIY) 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: BYDIY or FNGU.
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
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Key characteristics
BYDIY:
0.10
FNGU:
0.22
BYDIY:
0.70
FNGU:
0.99
BYDIY:
1.10
FNGU:
1.13
BYDIY:
0.07
FNGU:
0.36
BYDIY:
0.16
FNGU:
0.84
BYDIY:
24.41%
FNGU:
27.31%
BYDIY:
80.18%
FNGU:
93.25%
BYDIY:
-65.99%
FNGU:
-92.34%
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
-21.40%
9.26%
14.95%
8.37%
32.15%
N/A
N/A
FNGU
-25.65%
56.30%
-14.42%
17.65%
76.14%
40.48%
N/A
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Risk-Adjusted Performance
BYDIY vs. FNGU — Risk-Adjusted Performance Rank
BYDIY
FNGU
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.
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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.
TTM | 2024 | 2023 | 2022 | 2021 | |
---|---|---|---|---|---|
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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