FNGS vs. ACHR
FNGS (MicroSectors FANG+ ETN) is Large Cap Growth Equities fund tracking the NYSE FANG+ Index, while ACHR (Archer Aviation Inc.) is a stock. Over the past 5 years, FNGS returned 19.76%/yr vs -12.65%/yr for ACHR. At a 0.41 correlation, their price movements are largely independent.
Performance
FNGS vs. ACHR - Performance Comparison
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Returns By Period
In the year-to-date period, FNGS achieves a 6.79% return, which is significantly higher than ACHR's -32.45% return.
FNGS
- 1D
- -0.94%
- 1M
- -3.20%
- YTD
- 6.79%
- 6M
- 4.25%
- 1Y
- 17.02%
- 3Y*
- 29.80%
- 5Y*
- 19.76%
- 10Y*
- —
ACHR
- 1D
- -4.15%
- 1M
- -22.09%
- YTD
- -32.45%
- 6M
- -38.80%
- 1Y
- -56.69%
- 3Y*
- 4.91%
- 5Y*
- -12.65%
- 10Y*
- —
FNGS vs. ACHR - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|---|
FNGS MicroSectors FANG+ ETN | 6.79% | 18.64% | 51.99% | 95.24% | -40.32% | 16.96% | 1.35% |
ACHR Archer Aviation Inc. | -32.45% | -22.87% | 58.79% | 228.34% | -69.04% | -39.96% | -0.89% |
Correlation
The correlation between FNGS and ACHR is 0.46, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.46 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.40 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.41 |
Correlation (All Time) Calculated using the full available price history since Dec 18, 2020 | 0.41 |
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Return for Risk
FNGS vs. ACHR — Risk / Return Rank
FNGS
ACHR
FNGS vs. ACHR - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for MicroSectors FANG+ ETN (FNGS) and Archer Aviation Inc. (ACHR). 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.
| FNGS | ACHR | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.59 | ||
| Sortino ratioReturn per unit of downside risk | +2.34 | ||
| Omega ratioGain probability vs. loss probability | 1.15 | 0.87 | +0.28 |
| Calmar ratioReturn relative to maximum drawdown | 0.75 | -0.89 | +1.64 |
| Martin ratioReturn relative to average drawdown | 2.12 | -1.39 | +3.51 |
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Drawdowns
FNGS vs. ACHR - Drawdown Comparison
The maximum FNGS drawdown since its inception was -48.98%, smaller than the maximum ACHR drawdown of -90.49%. Use the drawdown chart below to compare losses from any high point for FNGS and ACHR.
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Drawdown Indicators
| FNGS | ACHR | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -48.98% | -90.49% | +41.51% |
Max Drawdown (1Y)Largest decline over 1 year | -22.93% | -63.78% | +40.85% |
Max Drawdown (3Y)Largest decline over 3 years | -26.77% | -63.78% | +37.01% |
Max Drawdown (5Y)Largest decline over 5 years | -48.98% | -84.00% | +35.02% |
Current DrawdownCurrent decline from peak | -9.63% | -70.36% | +60.73% |
Average DrawdownAverage peak-to-trough decline | -10.85% | -62.48% | +51.63% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 8.05% | 41.04% | -32.99% |
Volatility
FNGS vs. ACHR - Volatility Comparison
The current volatility for MicroSectors FANG+ ETN (FNGS) is 8.74%, while Archer Aviation Inc. (ACHR) has a volatility of 21.42%. This indicates that FNGS experiences smaller price fluctuations and is considered to be less risky than ACHR based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| FNGS | ACHR | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 8.74% | 21.42% | -12.68% |
Volatility (6M)Calculated over the trailing 6-month period | 17.19% | 44.68% | -27.49% |
Volatility (1Y)Calculated over the trailing 1-year period | 21.65% | 70.77% | -49.12% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 30.10% | 84.32% | -54.22% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 31.17% | 82.16% | -50.99% |
Dividends
FNGS vs. ACHR - Dividend Comparison
Neither FNGS nor ACHR has paid dividends to shareholders.
Frequently Asked Questions
FNGS and ACHR have a correlation of 0.46, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
ACHR has higher volatility (21.42%) compared to FNGS (8.74%). In terms of maximum drawdown, FNGS dropped -48.98% vs ACHR's -90.49%.
FNGS currently has the higher Sharpe Ratio (0.79 vs -0.80), 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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