PortfoliosLab logo
FNGS vs. FNGO
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between FNGS and FNGO is 0.79, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.


Performance

FNGS vs. FNGO - Performance Comparison

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

Loading data...

Key characteristics

Sharpe Ratio

FNGS:

0.98

FNGO:

0.76

Sortino Ratio

FNGS:

1.45

FNGO:

1.36

Omega Ratio

FNGS:

1.19

FNGO:

1.18

Calmar Ratio

FNGS:

1.14

FNGO:

0.99

Martin Ratio

FNGS:

3.32

FNGO:

2.60

Ulcer Index

FNGS:

9.22%

FNGO:

18.19%

Daily Std Dev

FNGS:

32.61%

FNGO:

65.27%

Max Drawdown

FNGS:

-48.98%

FNGO:

-78.39%

Current Drawdown

FNGS:

-3.54%

FNGO:

-11.13%

Returns By Period

In the year-to-date period, FNGS achieves a 3.14% return, which is significantly higher than FNGO's -0.11% return.


FNGS

YTD

3.14%

1M

23.02%

6M

12.07%

1Y

31.61%

3Y*

40.88%

5Y*

28.28%

10Y*

N/A

FNGO

YTD

-0.11%

1M

49.94%

6M

15.16%

1Y

49.04%

3Y*

71.19%

5Y*

43.85%

10Y*

N/A

*Annualized

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.


MicroSectors FANG+ ETN

FNGS vs. FNGO - Expense Ratio Comparison

FNGS has a 0.58% expense ratio, which is lower than FNGO's 0.95% expense ratio.


Risk-Adjusted Performance

FNGS vs. FNGO — Risk-Adjusted Performance Rank

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

FNGS
The Risk-Adjusted Performance Rank of FNGS is 7979
Overall Rank
The Sharpe Ratio Rank of FNGS is 8181
Sharpe Ratio Rank
The Sortino Ratio Rank of FNGS is 8080
Sortino Ratio Rank
The Omega Ratio Rank of FNGS is 7676
Omega Ratio Rank
The Calmar Ratio Rank of FNGS is 8383
Calmar Ratio Rank
The Martin Ratio Rank of FNGS is 7575
Martin Ratio Rank

FNGO
The Risk-Adjusted Performance Rank of FNGO is 7373
Overall Rank
The Sharpe Ratio Rank of FNGO is 7171
Sharpe Ratio Rank
The Sortino Ratio Rank of FNGO is 7777
Sortino Ratio Rank
The Omega Ratio Rank of FNGO is 7474
Omega Ratio Rank
The Calmar Ratio Rank of FNGO is 8080
Calmar Ratio Rank
The Martin Ratio Rank of FNGO is 6464
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.

FNGS vs. FNGO - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for MicroSectors FANG+ ETN (FNGS) and MicroSectors FANG+ Index 2X Leveraged ETN (FNGO). 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 FNGS Sharpe Ratio is 0.98, which is comparable to the FNGO Sharpe Ratio of 0.76. The chart below compares the historical Sharpe Ratios of FNGS and FNGO, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


Loading data...

Dividends

FNGS vs. FNGO - Dividend Comparison

Neither FNGS nor FNGO has paid dividends to shareholders.


Tickers have no history of dividend payments

Drawdowns

FNGS vs. FNGO - Drawdown Comparison

The maximum FNGS drawdown since its inception was -48.98%, smaller than the maximum FNGO drawdown of -78.39%. Use the drawdown chart below to compare losses from any high point for FNGS and FNGO. For additional features, visit the drawdowns tool.


Loading data...

Volatility

FNGS vs. FNGO - Volatility Comparison

The current volatility for MicroSectors FANG+ ETN (FNGS) is 9.31%, while MicroSectors FANG+ Index 2X Leveraged ETN (FNGO) has a volatility of 17.65%. This indicates that FNGS experiences smaller price fluctuations and is considered to be less risky than FNGO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


Loading data...