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

Correlation

The correlation between FNGG and APO is 0.67, 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

FNGG vs. APO - Performance Comparison

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

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Key characteristics

Sharpe Ratio

FNGG:

0.86

APO:

0.32

Sortino Ratio

FNGG:

1.36

APO:

0.82

Omega Ratio

FNGG:

1.18

APO:

1.12

Calmar Ratio

FNGG:

0.73

APO:

0.43

Martin Ratio

FNGG:

2.61

APO:

1.19

Ulcer Index

FNGG:

18.19%

APO:

14.24%

Daily Std Dev

FNGG:

64.54%

APO:

44.34%

Max Drawdown

FNGG:

-91.33%

APO:

-56.98%

Current Drawdown

FNGG:

-39.40%

APO:

-26.46%

Returns By Period

In the year-to-date period, FNGG achieves a 4.23% return, which is significantly higher than APO's -20.47% return.


FNGG

YTD

4.23%

1M

17.57%

6M

12.10%

1Y

55.06%

3Y*

50.15%

5Y*

N/A

10Y*

N/A

APO

YTD

-20.47%

1M

-3.24%

6M

-23.78%

1Y

13.88%

3Y*

33.71%

5Y*

23.50%

10Y*

24.91%

*Annualized

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Apollo Global Management, Inc.

Go deeper with the Portfolio Analysis tool — backtest performance, assess risk, compare to benchmarks, and more

Risk-Adjusted Performance

FNGG vs. APO — Risk-Adjusted Performance Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

FNGG
The Risk-Adjusted Performance Rank of FNGG is 7070
Overall Rank
The Sharpe Ratio Rank of FNGG is 7171
Sharpe Ratio Rank
The Sortino Ratio Rank of FNGG is 7474
Sortino Ratio Rank
The Omega Ratio Rank of FNGG is 7272
Omega Ratio Rank
The Calmar Ratio Rank of FNGG is 6868
Calmar Ratio Rank
The Martin Ratio Rank of FNGG is 6363
Martin Ratio Rank

APO
The Risk-Adjusted Performance Rank of APO is 6464
Overall Rank
The Sharpe Ratio Rank of APO is 6262
Sharpe Ratio Rank
The Sortino Ratio Rank of APO is 6161
Sortino Ratio Rank
The Omega Ratio Rank of APO is 6262
Omega Ratio Rank
The Calmar Ratio Rank of APO is 7070
Calmar Ratio Rank
The Martin Ratio Rank of APO is 6666
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

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.


The current FNGG Sharpe Ratio is 0.86, which is higher than the APO Sharpe Ratio of 0.32. The chart below compares the historical Sharpe Ratios of FNGG and APO, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


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Go to the full Sharpe Ratio tool to analyze any stock or portfolio. Customize time frames, set your own risk-free rate, and more

Dividends

FNGG vs. APO - Dividend Comparison

FNGG's dividend yield for the trailing twelve months is around 0.90%, less than APO's 1.45% yield.


TTM20242023202220212020201920182017201620152014
FNGG
Direxion Daily NYSE FANG+ Bull 2X Shares
0.90%0.79%0.88%0.00%4.99%0.00%0.00%0.00%0.00%0.00%0.00%0.00%
APO
Apollo Global Management, Inc.
1.45%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 -91.33%, which is greater than APO's maximum drawdown of -56.98%. Use the drawdown chart below to compare losses from any high point for FNGG and APO.


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Go to the full Drawdowns tool for more analysis options, including inflation-adjusted drawdowns, and more

Volatility

FNGG vs. APO - Volatility Comparison

Direxion Daily NYSE FANG+ Bull 2X Shares (FNGG) and Apollo Global Management, Inc. (APO) have volatilities of 12.56% and 12.22%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.


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