PortfoliosLab logoPortfoliosLab logo

Documentation

Upgrade your plan
FNGS vs. HDV
Performance
Return for Risk
Drawdowns
Volatility
Dividends

FNGS vs. HDV

Last updated Jun 4, 2026

FNGS (MicroSectors FANG+ ETN) and HDV (iShares Core High Dividend ETF) are both exchange-traded funds - FNGS is a Large Cap Growth Equities fund tracking the NYSE FANG+ Index, while HDV is a Dividend fund tracking the Morningstar Dividend Yield Focus Index. Both are passively managed. Over the past 5 years, FNGS returned 22.01%/yr vs 10.32%/yr for HDV. At a 0.22 correlation, their price movements are largely independent. FNGS charges 0.58%/yr vs 0.08%/yr for HDV.

Performance

FNGS vs. HDV - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in MicroSectors FANG+ ETN (FNGS) and iShares Core High Dividend ETF (HDV). The values are adjusted to include any dividend payments, if applicable.

Loading charts...

Returns By Period

In the year-to-date period, FNGS achieves a 16.26% return, which is significantly higher than HDV's 12.69% return.

FNGS

1D
-0.98%
1M
11.24%
YTD
16.26%
6M
10.77%
1Y
29.78%
3Y*
35.29%
5Y*
22.01%
10Y*
—

HDV

1D
0.37%
1M
0.29%
YTD
12.69%
6M
12.16%
1Y
20.35%
3Y*
14.94%
5Y*
10.32%
10Y*
9.26%
*Multi-year figures are annualized to reflect compound growth (CAGR)

FNGS vs. HDV - Yearly Performance Comparison

2026 (YTD)2025202420232022202120202019
FNGS
MicroSectors FANG+ ETN		16.26%18.64%51.99%95.24%-40.32%16.96%101.99%10.91%
HDV
iShares Core High Dividend ETF		12.69%11.90%14.16%1.72%7.05%19.45%-6.48%3.45%

Correlation

The correlation between FNGS and HDV is -0.25, 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

-0.25

Correlation (3Y)
Calculated over the trailing 3-year period

-0.04

Correlation (5Y)
Calculated over the trailing 5-year period

0.18

Correlation (All Time)
Calculated using the full available price history since Nov 14, 2019

0.22

The correlation between FNGS and HDV shifts across timeframes, from -0.25 (1 year) to 0.22 (all time), reflecting how their relationship changes across market environments.

FNGS vs. HDV - Sectors Allocation Comparison

Sectors
FNGS
HDV

Technology

59.9%
8.2%

Communication Services

28.8%
0.1%

Consumer Cyclical

11.3%
6.1%

Financial Services

10.0%
11.1%

Basic Materials

-

1.2%

Consumer Defensive

-

24.1%

Energy

-

22.3%

Healthcare

-

16.5%

Industrials

-

1.4%

Real Estate

-

-

Utilities

-

9.2%

Technology

FNGS
59.9%
HDV
8.2%

Communication Services

FNGS
28.8%
HDV
0.1%

Consumer Cyclical

FNGS
11.3%
HDV
6.1%

Financial Services

FNGS
10.0%
HDV
11.1%

Basic Materials

FNGS

-

HDV
1.2%

Consumer Defensive

FNGS

-

HDV
24.1%

Energy

FNGS

-

HDV
22.3%

Healthcare

FNGS

-

HDV
16.5%

Industrials

FNGS

-

HDV
1.4%

Real Estate

FNGS

-

HDV

-

Utilities

FNGS

-

HDV
9.2%

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

iShares Core High Dividend ETF

Often compared with FNGS:
FNGS vs. MAGSFNGS vs. SPYFNGS vs. QQQFNGS vs. FNGOFNGS vs. QLDFNGS vs. SMHFNGS vs. MON100.NS
Often compared with HDV:
HDV vs. SCHDHDV vs. VYMHDV vs. SPYDHDV vs. DGROHDV vs. DVYHDV vs. VIGHDV vs. SPY

Return for Risk

FNGS vs. HDV — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.
FNGS
FNGS Risk / Return Rank: 3434
Overall Rank
FNGS Sharpe Ratio Rank: 4040
Sharpe Ratio Rank
FNGS Sortino Ratio Rank: 3939
Sortino Ratio Rank
FNGS Omega Ratio Rank: 3838
Omega Ratio Rank
FNGS Calmar Ratio Rank: 2727
Calmar Ratio Rank
FNGS Martin Ratio Rank: 2727
Martin Ratio Rank
HDV
HDV Risk / Return Rank: 6464
Overall Rank
HDV Sharpe Ratio Rank: 6161
Sharpe Ratio Rank
HDV Sortino Ratio Rank: 6666
Sortino Ratio Rank
HDV Omega Ratio Rank: 5757
Omega Ratio Rank
HDV Calmar Ratio Rank: 7676
Calmar Ratio Rank
HDV Martin Ratio Rank: 6161
Martin Ratio Rank
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.

FNGS vs. HDV - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for MicroSectors FANG+ ETN (FNGS) and iShares Core High Dividend ETF (HDV). 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.

FNGSHDVDifference
Sharpe ratioReturn per unit of total volatility
1.46
2.10

-0.64

Sortino ratioReturn per unit of downside risk
2.03
3.11

-1.08

Omega ratioGain probability vs. loss probability

1.26

1.36

-0.10

Calmar ratioReturn relative to maximum drawdown

1.30

3.95

-2.64

Martin ratioReturn relative to average drawdown

3.77

11.02

-7.25

Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

FNGS vs. HDV - Sharpe Ratio Comparison

The current FNGS Sharpe Ratio is 1.46, which is lower than the HDV Sharpe Ratio of 2.10. The chart below compares the historical Sharpe Ratios of FNGS and HDV, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Loading charts...

Sharpe Ratios by Period

FNGSHDVDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

1.46

2.10

-0.64

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

0.74

0.81

-0.07

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

—

0.59

—

Sharpe Ratio (All Time)

Calculated using the full available price history

1.06

0.72

+0.34

Drawdowns

FNGS vs. HDV - Drawdown Comparison

The maximum FNGS drawdown since its inception was -48.98%, which is greater than HDV's maximum drawdown of -37.04%. Use the drawdown chart below to compare losses from any high point for FNGS and HDV.

Loading charts...

Drawdown Indicators

FNGSHDVDifference

Max Drawdown

Largest peak-to-trough decline

-48.98%

-37.04%

-11.94%

Max Drawdown (1Y)

Largest decline over 1 year

-22.93%

-5.18%

-17.75%

Max Drawdown (3Y)

Largest decline over 3 years

-26.77%

-10.49%

-16.28%

Max Drawdown (5Y)

Largest decline over 5 years

-48.98%

-15.42%

-33.56%

Max Drawdown (10Y)

Largest decline over 10 years

—

-37.04%

—

Current Drawdown

Current decline from peak

-1.61%

-2.54%

+0.93%

Average Drawdown

Average peak-to-trough decline

-10.87%

-3.09%

-7.78%

Ulcer Index

Depth and duration of drawdowns from previous peaks

7.92%

1.85%

+6.07%

Volatility

FNGS vs. HDV - Volatility Comparison

MicroSectors FANG+ ETN (FNGS) has a higher volatility of 5.64% compared to iShares Core High Dividend ETF (HDV) at 3.19%. This indicates that FNGS's price experiences larger fluctuations and is considered to be riskier than HDV based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Loading charts...

Volatility by Period

FNGSHDVDifference

Volatility (1M)

Calculated over the trailing 1-month period

5.64%

3.19%

+2.45%

Volatility (6M)

Calculated over the trailing 6-month period

15.68%

7.56%

+8.12%

Volatility (1Y)

Calculated over the trailing 1-year period

20.49%

9.73%

+10.76%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

29.96%

12.82%

+17.14%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

31.12%

15.73%

+15.39%

FNGS vs. HDV - Expense Ratio Comparison

FNGS has a 0.58% expense ratio, which is higher than HDV's 0.08% expense ratio.

Dividends

FNGS vs. HDV - Dividend Comparison

FNGS has not paid dividends to shareholders, while HDV's dividend yield for the trailing twelve months is around 2.91%.

PositionTTM20252024202320222021202020192018201720162015
FNGS
MicroSectors FANG+ 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%
HDV
iShares Core High Dividend ETF		2.91%3.22%3.67%3.82%3.56%3.47%4.07%3.27%3.67%3.27%3.28%3.92%

Frequently Asked Questions

FNGS and HDV have a correlation of -0.25, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

FNGS has higher volatility (5.64%) compared to HDV (3.19%). In terms of maximum drawdown, FNGS dropped -48.98% vs HDV's -37.04%.

On 5-year performance, FNGS leads with 22.01% vs 10.32% for HDV. On fees, HDV is cheaper at 0.08% per year. On volatility, HDV has been the lower-risk option at 3.19%. The better choice depends on whether you care most about return, fees, risk, or income.

Over the 5-year period, FNGS has performed better with a 22.01% return vs 10.32%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

HDV is cheaper with a 0.08% expense ratio, compared with 0.58% for FNGS.

HDV has the higher dividend yield at 2.91%, compared with 0.00% for FNGS.

FNGS is categorized as Large Cap Growth Equities, while HDV is Dividend. FNGS tracks NYSE FANG+ Index, while HDV tracks Morningstar Dividend Yield Focus Index. They also come from different issuers: BMO and iShares. Their fees differ too: 0.58% for FNGS and 0.08% for HDV.

HDV currently has the higher Sharpe Ratio (2.10 vs 1.46), 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.

Portfolio Optimizer

Find the right allocation for FNGS and HDV

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