FNGG vs. BRKL
FNGG (Direxion Daily NYSE FANG+ Bull 2X Shares) and BRKL (Corgi BRKB 2x Daily ETF) are both Leveraged Equities funds. FNGG is passively managed, while BRKL is actively managed. Their -0.27 correlation means they have often moved in opposite directions in the past. FNGG charges 0.97%/yr vs 0.45%/yr for BRKL.
Performance
FNGG vs. BRKL - Performance Comparison
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Returns By Period
FNGG
- 1D
- 3.83%
- 1M
- 1.46%
- 6M
- 20.01%
- YTD
- 11.69%
- 1Y
- 22.57%
- 3Y*
- 46.89%
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- 1.19%
BRKL
- 1D
- 0.85%
- 1M
- —
- 6M
- —
- YTD
- —
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- —
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $853.16 | $14.75K | $14.75K | |
| $659.98K | $756.57K | $1.71M |
FNGG vs. BRKL - Yearly Performance Comparison
| 2026 (YTD) | |
|---|---|
FNGG Direxion Daily NYSE FANG+ Bull 2X Shares | -0.76% |
BRKL Corgi BRKB 2x Daily ETF | 1.48% |
Correlation
The correlation between FNGG and BRKL is -0.27, meaning they have often moved in opposite directions in the past. This relationship can weaken or reverse as market conditions change.
| Correlation | |
|---|---|
Correlation (All Time) Calculated using the full available price history since Jul 7, 2026 | -0.27 |
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Return for Risk
FNGG vs. BRKL — Risk / Return Rank
FNGG
BRKL
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
FNGG vs. BRKL - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Direxion Daily NYSE FANG+ Bull 2X Shares (FNGG) and Corgi BRKB 2x Daily ETF (BRKL). 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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| FNGG | BRKL | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | 1.09 | — | — |
| Calmar ratioReturn relative to maximum drawdown | 0.37 | — | — |
| Martin ratioReturn relative to average drawdown | 0.90 | — | — |
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Drawdowns
FNGG vs. BRKL - Drawdown Comparison
The maximum FNGG drawdown since its inception was -91.33%, which is greater than BRKL's maximum drawdown of -7.03%. Use the drawdown chart below to compare losses from any high point for FNGG and BRKL.
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Drawdown Indicators
| FNGG | BRKL | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -91.33% | -7.03% | -84.30% |
Max Drawdown (1Y)Largest decline over 1 year | -43.01% | — | — |
Max Drawdown (3Y)Largest decline over 3 years | -47.03% | — | — |
Current DrawdownCurrent decline from peak | -17.39% | -0.13% | -17.26% |
Average DrawdownAverage peak-to-trough decline | -54.74% | -4.14% | -50.60% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 17.59% | — | — |
Volatility
FNGG vs. BRKL - Volatility Comparison
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Volatility by Period
| FNGG | BRKL | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 12.01% | — | — |
Volatility (6M)Calculated over the trailing 6-month period | 35.72% | — | — |
Volatility (1Y)Calculated over the trailing 1-year period | 44.43% | 30.99% | +13.44% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 67.29% | 30.99% | +36.30% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 67.29% | 30.99% | +36.30% |
FNGG vs. BRKL - Expense Ratio Comparison
FNGG has a 0.97% expense ratio, which is higher than BRKL's 0.45% expense ratio.
Dividends
FNGG vs. BRKL - Dividend Comparison
FNGG's dividend yield for the trailing twelve months is around 10.66%, while BRKL has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|---|
BRKL Corgi BRKB 2x Daily ETF | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
FNGG Direxion Daily NYSE FANG+ Bull 2X Shares | 10.66% | 11.89% | 0.79% | 0.88% | 0.00% | 4.99% |
Frequently Asked Questions
FNGG and BRKL have a correlation of -0.27, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, BRKL is cheaper at 0.45% per year. The better choice depends on whether you care most about return, fees, risk, or income.
BRKL is cheaper with a 0.45% expense ratio, compared with 0.97% for FNGG.
FNGG has the higher dividend yield at 10.66%, compared with 0.00% for BRKL.
They also come from different issuers: Direxion and Corgi. Their fees differ too: 0.97% for FNGG and 0.45% for BRKL.
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