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FNGS vs. MAGSX
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between FNGS and MAGSX 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. MAGSX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in MicroSectors FANG+ ETN (FNGS) and Madison Aggressive Allocation Fund (MAGSX). The values are adjusted to include any dividend payments, if applicable.

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Key characteristics

Sharpe Ratio

FNGS:

0.86

MAGSX:

0.15

Sortino Ratio

FNGS:

1.43

MAGSX:

0.31

Omega Ratio

FNGS:

1.19

MAGSX:

1.05

Calmar Ratio

FNGS:

1.13

MAGSX:

0.14

Martin Ratio

FNGS:

3.27

MAGSX:

0.51

Ulcer Index

FNGS:

9.23%

MAGSX:

4.15%

Daily Std Dev

FNGS:

32.55%

MAGSX:

14.02%

Max Drawdown

FNGS:

-48.98%

MAGSX:

-56.42%

Current Drawdown

FNGS:

-4.60%

MAGSX:

-4.25%

Returns By Period

In the year-to-date period, FNGS achieves a 2.00% return, which is significantly higher than MAGSX's 1.85% return.


FNGS

YTD

2.00%

1M

24.41%

6M

9.00%

1Y

27.67%

3Y*

40.36%

5Y*

28.34%

10Y*

N/A

MAGSX

YTD

1.85%

1M

8.65%

6M

-2.02%

1Y

2.14%

3Y*

5.73%

5Y*

2.77%

10Y*

0.73%

*Annualized

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MicroSectors FANG+ ETN

FNGS vs. MAGSX - Expense Ratio Comparison

FNGS has a 0.58% expense ratio, which is lower than MAGSX's 0.71% expense ratio.


Risk-Adjusted Performance

FNGS vs. MAGSX — 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 7878
Overall Rank
The Sharpe Ratio Rank of FNGS is 7676
Sharpe Ratio Rank
The Sortino Ratio Rank of FNGS is 8080
Sortino Ratio Rank
The Omega Ratio Rank of FNGS is 7777
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

MAGSX
The Risk-Adjusted Performance Rank of MAGSX is 2828
Overall Rank
The Sharpe Ratio Rank of MAGSX is 2828
Sharpe Ratio Rank
The Sortino Ratio Rank of MAGSX is 2727
Sortino Ratio Rank
The Omega Ratio Rank of MAGSX is 2727
Omega Ratio Rank
The Calmar Ratio Rank of MAGSX is 3131
Calmar Ratio Rank
The Martin Ratio Rank of MAGSX is 2929
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. MAGSX - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for MicroSectors FANG+ ETN (FNGS) and Madison Aggressive Allocation Fund (MAGSX). 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 0.86, which is higher than the MAGSX Sharpe Ratio of 0.15. The chart below compares the historical Sharpe Ratios of FNGS and MAGSX, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


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Dividends

FNGS vs. MAGSX - Dividend Comparison

FNGS has not paid dividends to shareholders, while MAGSX's dividend yield for the trailing twelve months is around 1.98%.


TTM20242023202220212020201920182017201620152014
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%
MAGSX
Madison Aggressive Allocation Fund
1.98%2.02%1.89%1.26%2.89%0.77%1.33%1.37%1.22%1.15%0.95%1.68%

Drawdowns

FNGS vs. MAGSX - Drawdown Comparison

The maximum FNGS drawdown since its inception was -48.98%, smaller than the maximum MAGSX drawdown of -56.42%. Use the drawdown chart below to compare losses from any high point for FNGS and MAGSX. For additional features, visit the drawdowns tool.


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Volatility

FNGS vs. MAGSX - Volatility Comparison

MicroSectors FANG+ ETN (FNGS) has a higher volatility of 8.80% compared to Madison Aggressive Allocation Fund (MAGSX) at 3.29%. This indicates that FNGS's price experiences larger fluctuations and is considered to be riskier than MAGSX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


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