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FNGD vs. BOIL
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between FNGD and BOIL is -0.06. This indicates that the assets' prices tend to move in opposite directions. Negative correlation can be particularly beneficial for diversification and risk management, as one asset may offset the losses of the other during market fluctuations.


-0.50.00.51.0-0.1

Performance

FNGD vs. BOIL - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in MicroSectors FANG+™ Index -3X Inverse Leveraged ETN (FNGD) and ProShares Ultra Bloomberg Natural Gas (BOIL). The values are adjusted to include any dividend payments, if applicable.

-60.00%-40.00%-20.00%0.00%JulyAugustSeptemberOctoberNovemberDecember
-66.67%
-44.00%
FNGD
BOIL

Key characteristics

Sharpe Ratio

FNGD:

-1.06

BOIL:

-0.60

Sortino Ratio

FNGD:

-2.30

BOIL:

-0.58

Omega Ratio

FNGD:

0.75

BOIL:

0.94

Calmar Ratio

FNGD:

-0.78

BOIL:

-0.60

Martin Ratio

FNGD:

-1.38

BOIL:

-0.94

Ulcer Index

FNGD:

56.39%

BOIL:

64.22%

Daily Std Dev

FNGD:

73.49%

BOIL:

100.84%

Max Drawdown

FNGD:

-99.99%

BOIL:

-100.00%

Current Drawdown

FNGD:

-99.99%

BOIL:

-99.99%

Returns By Period

In the year-to-date period, FNGD achieves a -77.46% return, which is significantly lower than BOIL's -64.59% return.


FNGD

YTD

-77.46%

1M

-21.03%

6M

-49.19%

1Y

-77.07%

5Y*

-77.48%

10Y*

N/A

BOIL

YTD

-64.59%

1M

3.32%

6M

-45.23%

1Y

-64.09%

5Y*

-64.67%

10Y*

-59.11%

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.


FNGD vs. BOIL - Expense Ratio Comparison

FNGD has a 0.95% expense ratio, which is lower than BOIL's 1.31% expense ratio.


BOIL
ProShares Ultra Bloomberg Natural Gas
Expense ratio chart for BOIL: current value at 1.31% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%1.31%
Expense ratio chart for FNGD: current value at 0.95% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.95%

Risk-Adjusted Performance

FNGD vs. BOIL - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for MicroSectors FANG+™ Index -3X Inverse Leveraged ETN (FNGD) and ProShares Ultra Bloomberg Natural Gas (BOIL). 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 FNGD, currently valued at -1.06, compared to the broader market0.002.004.00-1.06-0.60
The chart of Sortino ratio for FNGD, currently valued at -2.30, compared to the broader market-2.000.002.004.006.008.0010.00-2.30-0.58
The chart of Omega ratio for FNGD, currently valued at 0.75, compared to the broader market0.501.001.502.002.503.000.750.94
The chart of Calmar ratio for FNGD, currently valued at -0.78, compared to the broader market0.005.0010.0015.00-0.78-0.60
The chart of Martin ratio for FNGD, currently valued at -1.38, compared to the broader market0.0020.0040.0060.0080.00100.00-1.38-0.94
FNGD
BOIL

The current FNGD Sharpe Ratio is -1.06, which is lower than the BOIL Sharpe Ratio of -0.60. The chart below compares the historical Sharpe Ratios of FNGD and BOIL, 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 Ratio-1.20-1.10-1.00-0.90-0.80-0.70-0.60JulyAugustSeptemberOctoberNovemberDecember
-1.06
-0.60
FNGD
BOIL

Dividends

FNGD vs. BOIL - Dividend Comparison

Neither FNGD nor BOIL has paid dividends to shareholders.


Tickers have no history of dividend payments

Drawdowns

FNGD vs. BOIL - Drawdown Comparison

The maximum FNGD drawdown since its inception was -99.99%, roughly equal to the maximum BOIL drawdown of -100.00%. Use the drawdown chart below to compare losses from any high point for FNGD and BOIL. For additional features, visit the drawdowns tool.


-99.98%-99.96%-99.94%-99.92%-99.90%-99.88%-99.86%JulyAugustSeptemberOctoberNovemberDecember
-99.99%
-99.93%
FNGD
BOIL

Volatility

FNGD vs. BOIL - Volatility Comparison

The current volatility for MicroSectors FANG+™ Index -3X Inverse Leveraged ETN (FNGD) is 21.56%, while ProShares Ultra Bloomberg Natural Gas (BOIL) has a volatility of 32.84%. This indicates that FNGD experiences smaller price fluctuations and is considered to be less risky than BOIL based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


15.00%20.00%25.00%30.00%35.00%40.00%JulyAugustSeptemberOctoberNovemberDecember
21.56%
32.84%
FNGD
BOIL
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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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