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FNGU vs. SOXL
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Key characteristics


FNGUSOXL
Sharpe Ratio2.120.22
Sortino Ratio2.420.99
Omega Ratio1.321.13
Calmar Ratio2.470.31
Martin Ratio8.750.66
Ulcer Index17.36%33.10%
Daily Std Dev71.64%100.91%
Max Drawdown-92.34%-90.46%
Current Drawdown-9.21%-60.76%

Correlation

The correlation between FNGU and SOXL is 0.77, 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.


-0.50.00.51.00.8

Performance

FNGU vs. SOXL - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in MicroSectors FANG+™ Index 3X Leveraged ETN (FNGU) and Direxion Daily Semiconductor Bull 3x Shares (SOXL). The values are adjusted to include any dividend payments, if applicable.

200.00%400.00%600.00%800.00%1,000.00%JuneJulyAugustSeptemberOctoberNovember
848.65%
133.15%
FNGU
SOXL

Returns By Period

In the year-to-date period, FNGU achieves a 118.13% return, which is significantly higher than SOXL's -10.15% return.


FNGU

YTD

118.13%

1M

19.92%

6M

48.09%

1Y

157.09%

5Y (annualized)

61.31%

10Y (annualized)

N/A

SOXL

YTD

-10.15%

1M

-6.75%

6M

-41.99%

1Y

22.56%

5Y (annualized)

15.33%

10Y (annualized)

29.32%

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.


FNGU vs. SOXL - Expense Ratio Comparison

FNGU has a 0.95% expense ratio, which is lower than SOXL's 0.99% expense ratio.


SOXL
Direxion Daily Semiconductor Bull 3x Shares
Expense ratio chart for SOXL: current value at 0.99% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.99%
Expense ratio chart for FNGU: current value at 0.95% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.95%

Risk-Adjusted Performance

FNGU vs. SOXL - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for MicroSectors FANG+™ Index 3X Leveraged ETN (FNGU) and Direxion Daily Semiconductor Bull 3x Shares (SOXL). 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.


Sharpe ratio
The chart of Sharpe ratio for FNGU, currently valued at 2.12, compared to the broader market-2.000.002.004.002.120.22
The chart of Sortino ratio for FNGU, currently valued at 2.42, compared to the broader market-2.000.002.004.006.008.0010.0012.002.420.99
The chart of Omega ratio for FNGU, currently valued at 1.32, compared to the broader market0.501.001.502.002.503.001.321.13
The chart of Calmar ratio for FNGU, currently valued at 2.47, compared to the broader market0.005.0010.0015.002.470.31
The chart of Martin ratio for FNGU, currently valued at 8.75, compared to the broader market0.0020.0040.0060.0080.00100.008.750.66
FNGU
SOXL

The current FNGU Sharpe Ratio is 2.12, which is higher than the SOXL Sharpe Ratio of 0.22. The chart below compares the historical Sharpe Ratios of FNGU and SOXL, 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 Ratio0.001.002.003.004.00JuneJulyAugustSeptemberOctoberNovember
2.12
0.22
FNGU
SOXL

Dividends

FNGU vs. SOXL - Dividend Comparison

FNGU has not paid dividends to shareholders, while SOXL's dividend yield for the trailing twelve months is around 1.09%.


TTM2023202220212020201920182017201620152014
FNGU
MicroSectors FANG+™ Index 3X Leveraged ETN
0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%
SOXL
Direxion Daily Semiconductor Bull 3x Shares
1.09%0.51%1.08%0.04%0.05%0.38%1.30%0.09%4.84%0.00%0.00%

Drawdowns

FNGU vs. SOXL - Drawdown Comparison

The maximum FNGU drawdown since its inception was -92.34%, roughly equal to the maximum SOXL drawdown of -90.46%. Use the drawdown chart below to compare losses from any high point for FNGU and SOXL. For additional features, visit the drawdowns tool.


-60.00%-50.00%-40.00%-30.00%-20.00%-10.00%0.00%JuneJulyAugustSeptemberOctoberNovember
-9.21%
-60.76%
FNGU
SOXL

Volatility

FNGU vs. SOXL - Volatility Comparison

The current volatility for MicroSectors FANG+™ Index 3X Leveraged ETN (FNGU) is 20.42%, while Direxion Daily Semiconductor Bull 3x Shares (SOXL) has a volatility of 24.87%. This indicates that FNGU experiences smaller price fluctuations and is considered to be less risky than SOXL based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


10.00%20.00%30.00%40.00%50.00%60.00%JuneJulyAugustSeptemberOctoberNovember
20.42%
24.87%
FNGU
SOXL
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Disclaimer

The information contained herein does not constitute investment advice and made available for educational purposes only. Prices and returns on equities are listed without consideration of fees, commissions, taxes, penalties, or interest payable due to purchasing, holding, or selling.

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