FNGG vs. APO
Compare and contrast key facts about Direxion Daily NYSE FANG+ Bull 2X Shares (FNGG) and Apollo Global Management, Inc. (APO).
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: FNGG or APO.
Correlation
The correlation between FNGG and APO is 0.40, 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
FNGG vs. APO - Performance Comparison
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Key characteristics
FNGG:
40.65%
APO:
43.43%
FNGG:
-3.08%
APO:
-56.98%
FNGG:
-3.08%
APO:
-25.63%
Returns By Period
FNGG
N/A
N/A
N/A
N/A
N/A
N/A
APO
-19.57%
5.19%
-17.77%
19.86%
28.08%
25.76%
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Risk-Adjusted Performance
FNGG vs. APO — Risk-Adjusted Performance Rank
FNGG
APO
FNGG vs. APO - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Direxion Daily NYSE FANG+ Bull 2X Shares (FNGG) and Apollo Global Management, Inc. (APO). 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.
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Dividends
FNGG vs. APO - Dividend Comparison
FNGG has not paid dividends to shareholders, while APO's dividend yield for the trailing twelve months is around 1.40%.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FNGG Direxion Daily NYSE FANG+ Bull 2X Shares | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
APO Apollo Global Management, Inc. | 1.40% | 1.10% | 1.81% | 2.51% | 2.90% | 4.72% | 4.23% | 7.86% | 5.53% | 6.46% | 12.91% | 13.19% |
Drawdowns
FNGG vs. APO - Drawdown Comparison
The maximum FNGG drawdown since its inception was -3.08%, smaller than the maximum APO drawdown of -56.98%. Use the drawdown chart below to compare losses from any high point for FNGG and APO. For additional features, visit the drawdowns tool.
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Volatility
FNGG vs. APO - Volatility Comparison
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