FNGU vs. TSLA
Compare and contrast key facts about MicroSectors FANG+™ Index 3X Leveraged ETN (FNGU) and Tesla, Inc. (TSLA).
FNGU is a passively managed fund by Bank of Montreal that tracks the performance of the NYSE FANG (TR) (300%). It was launched on Jan 22, 2018.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: FNGU or TSLA.
Key characteristics
| FNGU | TSLA | |
|---|---|---|
| YTD Return | 105.08% | 29.07% |
| 1Y Return | 142.94% | 37.30% |
| 3Y Return (Ann) | 0.26% | -3.02% |
| 5Y Return (Ann) | 60.20% | 68.83% |
| Sharpe Ratio | 2.01 | 0.52 |
| Sortino Ratio | 2.35 | 1.23 |
| Omega Ratio | 1.31 | 1.15 |
| Calmar Ratio | 2.33 | 0.49 |
| Martin Ratio | 8.29 | 1.40 |
| Ulcer Index | 17.27% | 22.88% |
| Daily Std Dev | 71.36% | 61.10% |
| Max Drawdown | -92.34% | -73.63% |
| Current Drawdown | -14.64% | -21.77% |
Correlation
The correlation between FNGU and TSLA is 0.65, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Performance
FNGU vs. TSLA - Performance Comparison
In the year-to-date period, FNGU achieves a 105.08% return, which is significantly higher than TSLA's 29.07% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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Risk-Adjusted Performance
FNGU vs. TSLA - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for MicroSectors FANG+™ Index 3X Leveraged ETN (FNGU) and Tesla, Inc. (TSLA). 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.
Dividends
FNGU vs. TSLA - Dividend Comparison
Neither FNGU nor TSLA has paid dividends to shareholders.
Drawdowns
FNGU vs. TSLA - Drawdown Comparison
The maximum FNGU drawdown since its inception was -92.34%, which is greater than TSLA's maximum drawdown of -73.63%. Use the drawdown chart below to compare losses from any high point for FNGU and TSLA. For additional features, visit the drawdowns tool.
Volatility
FNGU vs. TSLA - Volatility Comparison
The current volatility for MicroSectors FANG+™ Index 3X Leveraged ETN (FNGU) is 21.12%, while Tesla, Inc. (TSLA) has a volatility of 28.91%. This indicates that FNGU experiences smaller price fluctuations and is considered to be less risky than TSLA based on this measure. The chart below showcases a comparison of their rolling one-month volatility.