PortfoliosLab logo
PortfoliosLab logo
Tools
Performance Analysis
Portfolio Analysis
Factor Model
Portfolios
Lazy PortfoliosUser Portfolios
Discussions
FNGS vs. MAGS
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Key characteristics


FNGSMAGS
YTD Return37.92%47.50%
1Y Return65.71%71.35%
Sharpe Ratio2.783.02
Sortino Ratio3.373.68
Omega Ratio1.461.50
Calmar Ratio3.814.07
Martin Ratio12.4813.28
Ulcer Index5.44%5.55%
Daily Std Dev24.46%24.42%
Max Drawdown-48.98%-18.10%
Current Drawdown-2.05%-1.00%

Correlation

-0.50.00.51.00.9

The correlation between FNGS and MAGS is 0.91, 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

In the year-to-date period, FNGS achieves a 37.92% return, which is significantly lower than MAGS's 47.50% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.


0.00%10.00%20.00%30.00%MayJuneJulyAugustSeptemberOctober
23.64%
28.99%
FNGS
MAGS

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.


FNGS
MicroSectors FANG+ ETN
Expense ratio chart for FNGS: current value at 0.58% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.58%
Expense ratio chart for MAGS: current value at 0.29% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.29%

Risk-Adjusted Performance

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.


FNGS
Sharpe ratio
The chart of Sharpe ratio for FNGS, currently valued at 2.78, compared to the broader market-2.000.002.004.006.002.78
Sortino ratio
The chart of Sortino ratio for FNGS, currently valued at 3.37, compared to the broader market0.005.0010.003.37
Omega ratio
The chart of Omega ratio for FNGS, currently valued at 1.46, compared to the broader market1.001.502.002.503.003.501.46
Calmar ratio
The chart of Calmar ratio for FNGS, currently valued at 3.81, compared to the broader market0.005.0010.0015.003.81
Martin ratio
The chart of Martin ratio for FNGS, currently valued at 12.48, compared to the broader market0.0020.0040.0060.0080.00100.00120.0012.48
MAGS
Sharpe ratio
The chart of Sharpe ratio for MAGS, currently valued at 3.02, compared to the broader market-2.000.002.004.006.003.02
Sortino ratio
The chart of Sortino ratio for MAGS, currently valued at 3.68, compared to the broader market0.005.0010.003.68
Omega ratio
The chart of Omega ratio for MAGS, currently valued at 1.50, compared to the broader market1.001.502.002.503.003.501.50
Calmar ratio
The chart of Calmar ratio for MAGS, currently valued at 4.07, compared to the broader market0.005.0010.0015.004.07
Martin ratio
The chart of Martin ratio for MAGS, currently valued at 13.28, compared to the broader market0.0020.0040.0060.0080.00100.00120.0013.28

FNGS vs. MAGS - Sharpe Ratio Comparison

The current FNGS Sharpe Ratio is 2.78, which is comparable to the MAGS Sharpe Ratio of 3.02. 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.


Rolling 12-month Sharpe Ratio1.001.502.002.503.00MayJuneJulyAugustSeptemberOctober
2.78
3.02
FNGS
MAGS

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 0.30%.


TTM2023
FNGS
MicroSectors FANG+ ETN
0.00%0.00%
MAGS
Roundhill Magnificent Seven ETF
0.30%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 -18.10%. Use the drawdown chart below to compare losses from any high point for FNGS and MAGS. For additional features, visit the drawdowns tool.


-20.00%-15.00%-10.00%-5.00%0.00%MayJuneJulyAugustSeptemberOctober
-2.05%
-1.00%
FNGS
MAGS

Volatility

FNGS vs. MAGS - Volatility Comparison

MicroSectors FANG+ ETN (FNGS) and Roundhill Magnificent Seven ETF (MAGS) have volatilities of 5.88% and 5.81%, 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.


4.00%6.00%8.00%10.00%12.00%MayJuneJulyAugustSeptemberOctober
5.88%
5.81%
FNGS
MAGS