FNGO vs. LINT

Last updated Jun 24, 2026

FNGO (MicroSectors FANG+ Index 2X Leveraged ETN) and LINT (Direxion Daily INTC Bull 2X Shares) are both Leveraged Equities funds. FNGO is passively managed, while LINT is actively managed. At a 0.39 correlation, their price movements are largely independent. FNGO charges 0.95%/yr vs 0.97%/yr for LINT.

Performance

FNGO vs. LINT - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in MicroSectors FANG+ Index 2X Leveraged ETN (FNGO) and Direxion Daily INTC Bull 2X Shares (LINT). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, FNGO achieves a 6.64% return, which is significantly lower than LINT's 744.89% return.

FNGO

• 1D: -4.61%
• 1M: -6.82%
• YTD: 6.64%
• 6M: 2.85%
• 1Y: 25.87%
• 3Y*: 48.86%
• 5Y*: 22.32%
• 10Y*: —

LINT

• 1D: -12.86%
• 1M: 11.99%
• YTD: 744.89%
• 6M: 773.46%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

FNGO vs. LINT - Yearly Performance Comparison

	2026 (YTD)	2025
FNGO MicroSectors FANG+ Index 2X Leveraged ETN	6.64%	-3.86%
LINT Direxion Daily INTC Bull 2X Shares	744.89%	5.81%

Correlation

The correlation between FNGO and LINT is 0.39, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (All Time) Calculated using the full available price history since Nov 19, 2025	0.39

FNGO vs. LINT - Sectors Allocation Comparison

Sectors	FNGO	LINT
Technology	63.4%	100.0%
Communication Services	26.0%	-
Consumer Cyclical	10.6%	-
Financial Services	10.0%	-
Basic Materials	-	-
Consumer Defensive	-	-
Energy	-	-
Healthcare	-	-
Industrials	-	-
Real Estate	-	-
Utilities	-	-

Return for Risk

FNGO vs. LINT — Risk / Return Rank

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

FNGO

FNGO Risk / Return Rank: 18
FNGO Sharpe Ratio Rank: 18
FNGO Sortino Ratio Rank: 20
FNGO Omega Ratio Rank: 19
FNGO Calmar Ratio Rank: 16
FNGO Martin Ratio Rank: 16

LINT

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

FNGO vs. LINT - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for MicroSectors FANG+ Index 2X Leveraged ETN (FNGO) and Direxion Daily INTC Bull 2X Shares (LINT). 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	LINT	Difference
Sharpe ratio: Return per unit of total volatility	0.59	—	—
Sortino ratio: Return per unit of downside risk	1.07	—	—
Omega ratio: Gain probability vs. loss probability	1.13	—	—
Calmar ratio: Return relative to maximum drawdown	0.61	—	—
Martin ratio: Return relative to average drawdown	1.56	—	—

Drawdowns

FNGO vs. LINT - Drawdown Comparison

The maximum FNGO drawdown since its inception was -78.39%, which is greater than LINT's maximum drawdown of -49.54%. Use the drawdown chart below to compare losses from any high point for FNGO and LINT.

Drawdown Indicators

	FNGO	LINT	Difference
Max Drawdown Largest peak-to-trough decline	-78.39%	-49.54%	-28.85%
Max Drawdown (1Y) Largest decline over 1 year	-42.73%	—	—
Max Drawdown (3Y) Largest decline over 3 years	-47.64%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-78.39%	—	—
Current Drawdown Current decline from peak	-20.15%	-12.86%	-7.29%
Average Drawdown Average peak-to-trough decline	-23.84%	-20.48%	-3.36%
Ulcer Index Depth and duration of drawdowns from previous peaks	16.61%	—	—

Volatility

Volatility by Period

	FNGO	LINT	Difference
Volatility (1M) Calculated over the trailing 1-month period	21.56%	—	—
Volatility (6M) Calculated over the trailing 6-month period	35.31%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	43.90%	168.83%	-124.93%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	60.80%	168.83%	-108.03%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	61.71%	168.83%	-107.12%

FNGO vs. LINT - Expense Ratio Comparison

FNGO has a 0.95% expense ratio, which is lower than LINT's 0.97% expense ratio.

Dividends

FNGO vs. LINT - Dividend Comparison

FNGO has not paid dividends to shareholders, while LINT's dividend yield for the trailing twelve months is around 0.10%.

Position	TTM	2025
FNGO MicroSectors FANG+ Index 2X Leveraged ETN	0.00%	0.00%
LINT Direxion Daily INTC Bull 2X Shares	0.10%	0.25%

Frequently Asked Questions

Can I hold both FNGO and LINT in my portfolio?

FNGO and LINT have a correlation of 0.39, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, FNGO or LINT?

On fees, FNGO is cheaper at 0.95% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, FNGO or LINT?

FNGO is cheaper with a 0.95% expense ratio, compared with 0.97% for LINT.

Which ETF pays a higher dividend yield, FNGO or LINT?

LINT has the higher dividend yield at 0.10%, compared with 0.00% for FNGO.

What is the main difference between FNGO and LINT?

They also come from different issuers: Bank of Montreal and Direxion. Their fees differ too: 0.95% for FNGO and 0.97% for LINT.