DARP vs. FNGU
Compare and contrast key facts about Grizzle Growth ETF (DARP) and MicroSectors FANG+™ Index 3X Leveraged ETN (FNGU).
DARP and FNGU are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. DARP is an actively managed fund by Grizzle. It was launched on Dec 15, 2021. 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: DARP or FNGU.
Correlation
The correlation between DARP and FNGU is 0.81, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Performance
DARP vs. FNGU - Performance Comparison
Key characteristics
DARP:
1.04
FNGU:
1.45
DARP:
1.46
FNGU:
1.94
DARP:
1.19
FNGU:
1.26
DARP:
1.39
FNGU:
2.27
DARP:
4.23
FNGU:
6.01
DARP:
6.09%
FNGU:
17.81%
DARP:
24.92%
FNGU:
74.13%
DARP:
-24.36%
FNGU:
-92.34%
DARP:
-3.88%
FNGU:
-3.02%
Returns By Period
In the year-to-date period, DARP achieves a 5.48% return, which is significantly lower than FNGU's 15.49% return.
DARP
5.48%
-1.05%
12.34%
25.74%
N/A
N/A
FNGU
15.49%
12.90%
57.72%
112.69%
43.86%
N/A
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DARP vs. FNGU - Expense Ratio Comparison
DARP has a 0.75% expense ratio, which is lower than FNGU's 0.95% expense ratio.
Risk-Adjusted Performance
DARP vs. FNGU — Risk-Adjusted Performance Rank
DARP
FNGU
DARP vs. FNGU - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Grizzle Growth ETF (DARP) 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.
Dividends
DARP vs. FNGU - Dividend Comparison
DARP's dividend yield for the trailing twelve months is around 1.82%, while FNGU has not paid dividends to shareholders.
| TTM | 2024 | 2023 | 2022 | |
|---|---|---|---|---|
DARP Grizzle Growth ETF | 1.82% | 1.92% | 0.32% | 1.44% |
FNGU MicroSectors FANG+™ Index 3X Leveraged ETN | 0.00% | 0.00% | 0.00% | 0.00% |
Drawdowns
DARP vs. FNGU - Drawdown Comparison
The maximum DARP drawdown since its inception was -24.36%, smaller than the maximum FNGU drawdown of -92.34%. Use the drawdown chart below to compare losses from any high point for DARP and FNGU. For additional features, visit the drawdowns tool.
Volatility
DARP vs. FNGU - Volatility Comparison
The current volatility for Grizzle Growth ETF (DARP) is 9.47%, while MicroSectors FANG+™ Index 3X Leveraged ETN (FNGU) has a volatility of 20.80%. This indicates that DARP experiences smaller price fluctuations and is considered to be less risky than FNGU based on this measure. The chart below showcases a comparison of their rolling one-month volatility.