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

Correlation

The correlation between FNGS and MAGS is 0.80, 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. MAGS - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in MicroSectors FANG+ ETN (FNGS) and Roundhill Magnificent Seven ETF (MAGS). The values are adjusted to include any dividend payments, if applicable.

Loading data...

Key characteristics

Sharpe Ratio

FNGS:

0.92

MAGS:

0.85

Sortino Ratio

FNGS:

1.54

MAGS:

1.47

Omega Ratio

FNGS:

1.20

MAGS:

1.19

Calmar Ratio

FNGS:

1.24

MAGS:

1.06

Martin Ratio

FNGS:

3.60

MAGS:

2.91

Ulcer Index

FNGS:

9.22%

MAGS:

10.85%

Daily Std Dev

FNGS:

32.58%

MAGS:

33.87%

Max Drawdown

FNGS:

-48.98%

MAGS:

-29.91%

Current Drawdown

FNGS:

-4.24%

MAGS:

-9.75%

Returns By Period

In the year-to-date period, FNGS achieves a 2.39% return, which is significantly higher than MAGS's -4.17% return.


FNGS

YTD

2.39%

1M

16.53%

6M

8.86%

1Y

29.68%

5Y*

29.50%

10Y*

N/A

MAGS

YTD

-4.17%

1M

17.06%

6M

2.14%

1Y

28.73%

5Y*

N/A

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.


FNGS vs. MAGS - Expense Ratio Comparison

FNGS has a 0.58% expense ratio, which is higher than MAGS's 0.29% expense ratio.


Risk-Adjusted Performance

FNGS vs. MAGS — 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 8282
Overall Rank
The Sharpe Ratio Rank of FNGS is 7979
Sharpe Ratio Rank
The Sortino Ratio Rank of FNGS is 8383
Sortino Ratio Rank
The Omega Ratio Rank of FNGS is 8080
Omega Ratio Rank
The Calmar Ratio Rank of FNGS is 8686
Calmar Ratio Rank
The Martin Ratio Rank of FNGS is 7979
Martin Ratio Rank

MAGS
The Risk-Adjusted Performance Rank of MAGS is 7878
Overall Rank
The Sharpe Ratio Rank of MAGS is 7777
Sharpe Ratio Rank
The Sortino Ratio Rank of MAGS is 8181
Sortino Ratio Rank
The Omega Ratio Rank of MAGS is 7979
Omega Ratio Rank
The Calmar Ratio Rank of MAGS is 8383
Calmar Ratio Rank
The Martin Ratio Rank of MAGS is 7272
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. MAGS - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for MicroSectors FANG+ ETN (FNGS) and Roundhill Magnificent Seven ETF (MAGS). 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 0.92, which is comparable to the MAGS Sharpe Ratio of 0.85. The chart below compares the historical Sharpe Ratios of FNGS and MAGS, 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. MAGS - Dividend Comparison

FNGS has not paid dividends to shareholders, while MAGS's dividend yield for the trailing twelve months is around 0.84%.


TTM20242023
FNGS
MicroSectors FANG+ ETN
0.00%0.00%0.00%
MAGS
Roundhill Magnificent Seven ETF
0.84%0.81%0.44%

Drawdowns

FNGS vs. MAGS - Drawdown Comparison

The maximum FNGS drawdown since its inception was -48.98%, which is greater than MAGS's maximum drawdown of -29.91%. Use the drawdown chart below to compare losses from any high point for FNGS and MAGS. For additional features, visit the drawdowns tool.


Loading data...

Volatility

FNGS vs. MAGS - Volatility Comparison

MicroSectors FANG+ ETN (FNGS) and Roundhill Magnificent Seven ETF (MAGS) have volatilities of 10.48% and 10.96%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.


Loading data...