CBZ vs. FNGG
Compare and contrast key facts about CBIZ, Inc. (CBZ) and Direxion Daily NYSE FANG+ Bull 2X Shares (FNGG).
FNGG is a passively managed fund by Direxion that tracks the performance of the NYSE FANG+ Index (2x Leveraged). It was launched on Sep 30, 2021.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: CBZ or FNGG.
Correlation
The correlation between CBZ and FNGG is 0.55, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Performance
CBZ vs. FNGG - Performance Comparison
Key characteristics
CBZ:
-0.41
FNGG:
0.63
CBZ:
-0.31
FNGG:
1.24
CBZ:
0.95
FNGG:
1.16
CBZ:
-0.59
FNGG:
0.62
CBZ:
-1.13
FNGG:
2.35
CBZ:
13.42%
FNGG:
17.31%
CBZ:
36.94%
FNGG:
64.21%
CBZ:
-96.16%
FNGG:
-91.33%
CBZ:
-25.34%
FNGG:
-52.22%
Returns By Period
In the year-to-date period, CBZ achieves a -19.11% return, which is significantly lower than FNGG's -17.82% return.
CBZ
-19.11%
-10.89%
-0.30%
-12.37%
24.48%
21.86%
FNGG
-17.82%
0.07%
-1.22%
40.51%
N/A
N/A
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
CBZ vs. FNGG — Risk-Adjusted Performance Rank
CBZ
FNGG
CBZ vs. FNGG - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for CBIZ, Inc. (CBZ) and Direxion Daily NYSE FANG+ Bull 2X Shares (FNGG). 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
CBZ vs. FNGG - Dividend Comparison
CBZ has not paid dividends to shareholders, while FNGG's dividend yield for the trailing twelve months is around 1.14%.
TTM | 2024 | 2023 | 2022 | 2021 | |
---|---|---|---|---|---|
CBZ CBIZ, Inc. | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
FNGG Direxion Daily NYSE FANG+ Bull 2X Shares | 1.14% | 0.79% | 0.88% | 0.00% | 4.99% |
Drawdowns
CBZ vs. FNGG - Drawdown Comparison
The maximum CBZ drawdown since its inception was -96.16%, which is greater than FNGG's maximum drawdown of -91.33%. Use the drawdown chart below to compare losses from any high point for CBZ and FNGG. For additional features, visit the drawdowns tool.
Volatility
CBZ vs. FNGG - Volatility Comparison
The current volatility for CBIZ, Inc. (CBZ) is 19.33%, while Direxion Daily NYSE FANG+ Bull 2X Shares (FNGG) has a volatility of 38.54%. This indicates that CBZ experiences smaller price fluctuations and is considered to be less risky than FNGG based on this measure. The chart below showcases a comparison of their rolling one-month volatility.