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CBZ vs. FNGG
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between CBZ and FNGG is 0.34, 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.


-0.50.00.51.00.3

Performance

CBZ vs. FNGG - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in CBIZ, Inc. (CBZ) and Direxion Daily NYSE FANG+ Bull 2X Shares (FNGG). The values are adjusted to include any dividend payments, if applicable.

-50.00%0.00%50.00%100.00%150.00%JulyAugustSeptemberOctoberNovemberDecember
151.24%
-22.66%
CBZ
FNGG

Key characteristics

Sharpe Ratio

CBZ:

0.95

FNGG:

2.19

Sortino Ratio

CBZ:

1.31

FNGG:

2.55

Omega Ratio

CBZ:

1.23

FNGG:

1.34

Calmar Ratio

CBZ:

1.22

FNGG:

1.47

Martin Ratio

CBZ:

2.74

FNGG:

9.38

Ulcer Index

CBZ:

11.50%

FNGG:

11.44%

Daily Std Dev

CBZ:

33.00%

FNGG:

49.08%

Max Drawdown

CBZ:

-96.16%

FNGG:

-91.33%

Current Drawdown

CBZ:

-5.55%

FNGG:

-40.28%

Returns By Period

In the year-to-date period, CBZ achieves a 29.81% return, which is significantly lower than FNGG's 104.16% return.


CBZ

YTD

29.81%

1M

4.31%

6M

8.30%

1Y

30.90%

5Y*

23.70%

10Y*

25.26%

FNGG

YTD

104.16%

1M

13.14%

6M

31.56%

1Y

101.88%

5Y*

N/A

10Y*

N/A

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Risk-Adjusted Performance

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.


Sharpe ratio
The chart of Sharpe ratio for CBZ, currently valued at 0.95, compared to the broader market-4.00-2.000.002.000.952.19
The chart of Sortino ratio for CBZ, currently valued at 1.31, compared to the broader market-4.00-2.000.002.004.001.312.55
The chart of Omega ratio for CBZ, currently valued at 1.23, compared to the broader market0.501.001.502.001.231.34
The chart of Calmar ratio for CBZ, currently valued at 1.22, compared to the broader market0.002.004.006.001.221.47
The chart of Martin ratio for CBZ, currently valued at 2.74, compared to the broader market-5.000.005.0010.0015.0020.0025.002.749.38
CBZ
FNGG

The current CBZ Sharpe Ratio is 0.95, which is lower than the FNGG Sharpe Ratio of 2.19. The chart below compares the historical Sharpe Ratios of CBZ and FNGG, 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 Ratio0.501.001.502.002.503.00JulyAugustSeptemberOctoberNovemberDecember
0.95
2.19
CBZ
FNGG

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 0.65%.


TTM202320222021
CBZ
CBIZ, Inc.
0.00%0.00%0.00%0.00%
FNGG
Direxion Daily NYSE FANG+ Bull 2X Shares
0.65%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.


-60.00%-50.00%-40.00%-30.00%-20.00%-10.00%0.00%JulyAugustSeptemberOctoberNovemberDecember
-5.55%
-40.28%
CBZ
FNGG

Volatility

CBZ vs. FNGG - Volatility Comparison

The current volatility for CBIZ, Inc. (CBZ) is 7.89%, while Direxion Daily NYSE FANG+ Bull 2X Shares (FNGG) has a volatility of 14.32%. 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.


5.00%10.00%15.00%20.00%25.00%JulyAugustSeptemberOctoberNovemberDecember
7.89%
14.32%
CBZ
FNGG
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Disclaimer

The information contained herein does not constitute investment advice and made available for educational purposes only. Prices and returns on equities are listed without consideration of fees, commissions, taxes, penalties, or interest payable due to purchasing, holding, or selling.

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