FNGO vs. JNJ
FNGO (MicroSectors FANG+ Index 2X Leveraged ETN) is Leveraged Equities fund tracking the NYSE FANG+ Index (+200%), while JNJ (Johnson & Johnson) is a stock. Over the past 5 years, FNGO returned 25.62%/yr vs 10.94%/yr for JNJ. At a 0.05 correlation, their price movements are largely independent.
Performance
FNGO vs. JNJ - Performance Comparison
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Returns By Period
In the year-to-date period, FNGO achieves a 8.91% return, which is significantly lower than JNJ's 17.68% return.
FNGO
- 1D
- -1.60%
- 1M
- -7.03%
- YTD
- 8.91%
- 6M
- 3.86%
- 1Y
- 26.54%
- 3Y*
- 49.78%
- 5Y*
- 25.62%
- 10Y*
- —
JNJ
- 1D
- 1.07%
- 1M
- 5.14%
- YTD
- 17.68%
- 6M
- 15.11%
- 1Y
- 57.60%
- 3Y*
- 17.82%
- 5Y*
- 10.94%
- 10Y*
- 10.46%
FNGO vs. JNJ - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | |
|---|---|---|---|---|---|---|---|---|---|
FNGO MicroSectors FANG+ Index 2X Leveraged ETN | 8.91% | 25.49% | 101.65% | 240.10% | -71.55% | 28.38% | 238.00% | 79.61% | -39.85% |
JNJ Johnson & Johnson | 17.68% | 47.48% | -4.81% | -8.58% | 5.97% | 11.44% | 10.82% | 16.22% | -1.43% |
Correlation
The correlation between FNGO and JNJ is -0.26, meaning they tend to move in opposite directions. This is especially valuable for risk management - when one declines, the other has historically tended to hold steady or rise.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | -0.26 |
Correlation (3Y) Calculated over the trailing 3-year period | -0.22 |
Correlation (5Y) Calculated over the trailing 5-year period | -0.06 |
Correlation (All Time) Calculated using the full available price history since Aug 2, 2018 | 0.05 |
The correlation between FNGO and JNJ shifts across timeframes, from -0.26 (1 year) to 0.05 (all time), reflecting how their relationship changes across market environments.
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Return for Risk
FNGO vs. JNJ — Risk / Return Rank
FNGO
JNJ
FNGO vs. JNJ - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for MicroSectors FANG+ Index 2X Leveraged ETN (FNGO) and Johnson & Johnson (JNJ). 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.
| FNGO | JNJ | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -2.78 | ||
| Sortino ratioReturn per unit of downside risk | -3.84 | ||
| Omega ratioGain probability vs. loss probability | 1.13 | 1.61 | -0.48 |
| Calmar ratioReturn relative to maximum drawdown | 0.62 | 5.28 | -4.66 |
| Martin ratioReturn relative to average drawdown | 1.62 | 15.52 | -13.91 |
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Drawdowns
FNGO vs. JNJ - Drawdown Comparison
The maximum FNGO drawdown since its inception was -78.39%, which is greater than JNJ's maximum drawdown of -50.67%. Use the drawdown chart below to compare losses from any high point for FNGO and JNJ.
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Drawdown Indicators
| FNGO | JNJ | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -78.39% | -50.67% | -27.72% |
Max Drawdown (1Y)Largest decline over 1 year | -42.73% | -10.96% | -31.77% |
Max Drawdown (3Y)Largest decline over 3 years | -47.64% | -15.95% | -31.69% |
Max Drawdown (5Y)Largest decline over 5 years | -78.39% | -18.41% | -59.98% |
Max Drawdown (10Y)Largest decline over 10 years | — | -27.37% | — |
Current DrawdownCurrent decline from peak | -18.46% | -2.54% | -15.92% |
Average DrawdownAverage peak-to-trough decline | -23.87% | -11.90% | -11.97% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 16.45% | 3.72% | +12.73% |
Volatility
FNGO vs. JNJ - Volatility Comparison
MicroSectors FANG+ Index 2X Leveraged ETN (FNGO) has a higher volatility of 17.58% compared to Johnson & Johnson (JNJ) at 5.47%. This indicates that FNGO's price experiences larger fluctuations and is considered to be riskier than JNJ based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| FNGO | JNJ | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 17.58% | 5.47% | +12.11% |
Volatility (6M)Calculated over the trailing 6-month period | 33.63% | 12.16% | +21.47% |
Volatility (1Y)Calculated over the trailing 1-year period | 41.88% | 16.94% | +24.94% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 60.50% | 16.87% | +43.63% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 61.61% | 18.48% | +43.13% |
Dividends
FNGO vs. JNJ - Dividend Comparison
FNGO has not paid dividends to shareholders, while JNJ's dividend yield for the trailing twelve months is around 2.18%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FNGO MicroSectors FANG+ Index 2X Leveraged ETN | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
JNJ Johnson & Johnson | 2.18% | 2.48% | 3.40% | 3.00% | 2.52% | 2.45% | 2.53% | 2.57% | 2.74% | 2.38% | 2.73% | 2.87% |
Frequently Asked Questions
FNGO and JNJ have a correlation of -0.26, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
FNGO has higher volatility (17.58%) compared to JNJ (5.47%). In terms of maximum drawdown, FNGO dropped -78.39% vs JNJ's -50.67%.
JNJ currently has the higher Sharpe Ratio (3.42 vs 0.64), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
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