FNGS vs. GRRR
FNGS (MicroSectors FANG+ ETN) is Large Cap Growth Equities fund tracking the NYSE FANG+ Index, while GRRR (Gorilla Technology Group Inc.) is a stock. Over the past 3 years, FNGS returned 29.80%/yr vs -0.38%/yr for GRRR. At a 0.15 correlation, their price movements are largely independent.
Performance
FNGS vs. GRRR - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, FNGS achieves a 6.79% return, which is significantly lower than GRRR's 59.34% return.
FNGS
- 1D
- -0.94%
- 1M
- -3.20%
- YTD
- 6.79%
- 6M
- 4.25%
- 1Y
- 17.02%
- 3Y*
- 29.80%
- 5Y*
- 19.76%
- 10Y*
- —
GRRR
- 1D
- -2.14%
- 1M
- 25.54%
- YTD
- 59.34%
- 6M
- 26.64%
- 1Y
- -15.49%
- 3Y*
- -0.38%
- 5Y*
- —
- 10Y*
- —
FNGS vs. GRRR - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | |
|---|---|---|---|---|---|
FNGS MicroSectors FANG+ ETN | 6.79% | 18.64% | 51.99% | 95.24% | -11.33% |
GRRR Gorilla Technology Group Inc. | 59.34% | -39.53% | 234.82% | -93.35% | -45.75% |
Correlation
The correlation between FNGS and GRRR is 0.40, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.40 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.23 |
Correlation (All Time) Calculated using the full available price history since Jul 14, 2022 | 0.15 |
Over the past year, FNGS and GRRR have become more correlated (0.40) than their long-term average of 0.15, meaning their price movements have been converging.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
FNGS vs. GRRR — Risk / Return Rank
FNGS
GRRR
FNGS vs. GRRR - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for MicroSectors FANG+ ETN (FNGS) and Gorilla Technology Group Inc. (GRRR). 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 | GRRR | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.97 | ||
| Sortino ratioReturn per unit of downside risk | +0.82 | ||
| Omega ratioGain probability vs. loss probability | 1.15 | 1.04 | +0.11 |
| Calmar ratioReturn relative to maximum drawdown | 0.75 | -0.25 | +0.99 |
| Martin ratioReturn relative to average drawdown | 2.12 | -0.38 | +2.50 |
Loading charts...
Drawdowns
FNGS vs. GRRR - Drawdown Comparison
The maximum FNGS drawdown since its inception was -48.98%, smaller than the maximum GRRR drawdown of -99.38%. Use the drawdown chart below to compare losses from any high point for FNGS and GRRR.
Loading charts...
Drawdown Indicators
| FNGS | GRRR | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -48.98% | -99.38% | +50.40% |
Max Drawdown (1Y)Largest decline over 1 year | -22.93% | -62.45% | +39.52% |
Max Drawdown (3Y)Largest decline over 3 years | -26.77% | -96.27% | +69.50% |
Max Drawdown (5Y)Largest decline over 5 years | -48.98% | — | — |
Current DrawdownCurrent decline from peak | -9.63% | -95.20% | +85.57% |
Average DrawdownAverage peak-to-trough decline | -10.85% | -91.93% | +81.08% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 8.05% | 41.22% | -33.17% |
Volatility
FNGS vs. GRRR - Volatility Comparison
The current volatility for MicroSectors FANG+ ETN (FNGS) is 8.74%, while Gorilla Technology Group Inc. (GRRR) has a volatility of 33.91%. This indicates that FNGS experiences smaller price fluctuations and is considered to be less risky than GRRR based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| FNGS | GRRR | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 8.74% | 33.91% | -25.17% |
Volatility (6M)Calculated over the trailing 6-month period | 17.19% | 59.91% | -42.72% |
Volatility (1Y)Calculated over the trailing 1-year period | 21.65% | 87.88% | -66.23% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 30.10% | 163.67% | -133.57% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 31.17% | 163.67% | -132.50% |
Dividends
FNGS vs. GRRR - Dividend Comparison
Neither FNGS nor GRRR has paid dividends to shareholders.
Frequently Asked Questions
FNGS and GRRR have a correlation of 0.40, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
GRRR has higher volatility (33.91%) compared to FNGS (8.74%). In terms of maximum drawdown, FNGS dropped -48.98% vs GRRR's -99.38%.
FNGS currently has the higher Sharpe Ratio (0.79 vs -0.18), 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.
Find the right allocation for FNGS and GRRR
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer