CBOE vs. FNGS
Compare and contrast key facts about Cboe Global Markets, Inc. (CBOE) and MicroSectors FANG+ ETN (FNGS).
FNGS is a passively managed fund by BMO Financial Group that tracks the performance of the NYSE FANG+ Index. It was launched on Nov 12, 2019.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: CBOE or FNGS.
Key characteristics
| CBOE | FNGS | |
|---|---|---|
| YTD Return | 1.04% | 10.84% |
| 1Y Return | 31.42% | 59.17% |
| 3Y Return (Ann) | 21.75% | 12.06% |
| Sharpe Ratio | 1.75 | 2.43 |
| Daily Std Dev | 18.18% | 23.74% |
| Max Drawdown | -43.23% | -48.98% |
| Current Drawdown | -8.49% | -6.25% |
Correlation
The correlation between CBOE and FNGS 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
CBOE vs. FNGS - Performance Comparison
In the year-to-date period, CBOE achieves a 1.04% return, which is significantly lower than FNGS's 10.84% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Risk-Adjusted Performance
CBOE vs. FNGS - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Cboe Global Markets, Inc. (CBOE) and MicroSectors FANG+ ETN (FNGS). 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
CBOE vs. FNGS - Dividend Comparison
CBOE's dividend yield for the trailing twelve months is around 1.20%, while FNGS has not paid dividends to shareholders.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
CBOE Cboe Global Markets, Inc. | 1.20% | 1.18% | 1.56% | 1.38% | 1.68% | 1.12% | 1.19% | 0.83% | 1.30% | 1.36% | 1.23% | 2.22% |
FNGS MicroSectors FANG+ ETN | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Drawdowns
CBOE vs. FNGS - Drawdown Comparison
The maximum CBOE drawdown since its inception was -43.23%, smaller than the maximum FNGS drawdown of -48.98%. Use the drawdown chart below to compare losses from any high point for CBOE and FNGS. For additional features, visit the drawdowns tool.
Volatility
CBOE vs. FNGS - Volatility Comparison
The current volatility for Cboe Global Markets, Inc. (CBOE) is 5.11%, while MicroSectors FANG+ ETN (FNGS) has a volatility of 7.96%. This indicates that CBOE experiences smaller price fluctuations and is considered to be less risky than FNGS based on this measure. The chart below showcases a comparison of their rolling one-month volatility.