FNGU vs. XOMO

Last updated Aug 5, 2026

FNGU (MicroSectors FANG+ 3X Leveraged ETNs) and XOMO (YieldMax XOM Option Income Strategy ETF) are both exchange-traded funds - FNGU is a Leveraged Equities fund tracking the NYSE FANG+ Index (Gross Total Return) (300%), while XOMO is a Derivative Income fund actively managed by YieldMax. FNGU is passively managed, while XOMO is actively managed. Over the past year, FNGU returned 31.91% vs 31.71% for XOMO. Their -0.14 correlation means they have often moved in opposite directions in the past. FNGU charges 2.60%/yr vs 1.01%/yr for XOMO.

Performance

FNGU vs. XOMO - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in MicroSectors FANG+ 3X Leveraged ETNs (FNGU) and YieldMax XOM Option Income Strategy ETF (XOMO). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, FNGU achieves a 29.30% return, which is significantly higher than XOMO's 19.62% return.

FNGU

• 1D: 13.28%
• 1M: 23.29%
• 6M: 51.91%
• YTD: 29.30%
• 1Y: 31.91%
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: 21.84%

XOMO

• 1D: -0.44%
• 1M: 10.36%
• 6M: 4.17%
• YTD: 19.62%
• 1Y: 31.71%
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: 7.63%

*Multi-year figures are annualized to reflect compound growth (CAGR)

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
FNGU MicroSectors FANG+ 3X Leveraged ETNs	$124.87M	$122.34M	$155.63M
XOMO YieldMax XOM Option Income Strategy ETF	$575.62K	$697.28K	$695.47K

FNGU vs. XOMO - Yearly Performance Comparison

	2026 (YTD)	2025
FNGU MicroSectors FANG+ 3X Leveraged ETNs	29.30%	3.02%
XOMO YieldMax XOM Option Income Strategy ETF	19.62%	3.95%

Correlation

The correlation between FNGU and XOMO is -0.29, meaning they have often moved in opposite directions in the past. This relationship can weaken or reverse as market conditions change.

	Correlation
Correlation (1Y) Focuses on recent behavior, but can change the most.	-0.29
Correlation (All Time) Calculated using the full available price history since Feb 20, 2025	-0.14

The correlation between FNGU and XOMO shifts across timeframes, from -0.29 (1 year) to -0.14 (all time), reflecting how their relationship changes across market environments.

Return for Risk

FNGU vs. XOMO — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

FNGU

FNGU Risk / Return Rank: 22
FNGU Sharpe Ratio Rank: 20
FNGU Sortino Ratio Rank: 27
FNGU Omega Ratio Rank: 26
FNGU Calmar Ratio Rank: 19
FNGU Martin Ratio Rank: 18

XOMO

XOMO Risk / Return Rank: 50
XOMO Sharpe Ratio Rank: 57
XOMO Sortino Ratio Rank: 52
XOMO Omega Ratio Rank: 55
XOMO Calmar Ratio Rank: 46
XOMO Martin Ratio Rank: 39

The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

FNGU vs. XOMO - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for MicroSectors FANG+ 3X Leveraged ETNs (FNGU) and YieldMax XOM Option Income Strategy ETF (XOMO). 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.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

	FNGU	XOMO	Difference
Sharpe ratio: Return per unit of total volatility	0.48	1.55	-1.07
Sortino ratio: Return per unit of downside risk	1.09	2.08	-0.99
Omega ratio: Gain probability vs. loss probability	1.13	1.28	-0.14
Calmar ratio: Return relative to maximum drawdown	0.54	1.85	-1.31
Martin ratio: Return relative to average drawdown	1.20	4.61	-3.42

FNGU vs. XOMO - Sharpe Ratio Comparison

The current FNGU Sharpe Ratio is 0.48, which is lower than the XOMO Sharpe Ratio of 1.55. The chart below compares the historical Sharpe Ratios of FNGU and XOMO, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

FNGU vs. XOMO - Drawdown Comparison

The maximum FNGU drawdown since its inception was -61.30%, which is greater than XOMO's maximum drawdown of -18.90%. Use the drawdown chart below to compare losses from any high point for FNGU and XOMO.

Drawdown Indicators

	FNGU	XOMO	Difference
Max Drawdown Largest peak-to-trough decline	-61.30%	-18.90%	-42.40%
Max Drawdown (1Y) Largest decline over 1 year	-59.55%	-17.25%	-42.30%
Current Drawdown Current decline from peak	-9.65%	-8.06%	-1.59%
Average Drawdown Average peak-to-trough decline	-22.57%	-7.50%	-15.07%
Ulcer Index Depth and duration of drawdowns from previous peaks	26.71%	6.89%	+19.82%

Volatility

FNGU vs. XOMO - Volatility Comparison

MicroSectors FANG+ 3X Leveraged ETNs (FNGU) has a higher volatility of 22.79% compared to YieldMax XOM Option Income Strategy ETF (XOMO) at 6.24%. This indicates that FNGU's price experiences larger fluctuations and is considered to be riskier than XOMO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	FNGU	XOMO	Difference
Volatility (1M) Calculated over the trailing 1-month period	22.79%	6.24%	+16.55%
Volatility (6M) Calculated over the trailing 6-month period	55.65%	17.16%	+38.49%
Volatility (1Y) Calculated over the trailing 1-year period	67.12%	20.64%	+46.48%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	80.47%	19.18%	+61.29%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	80.47%	19.18%	+61.29%

FNGU vs. XOMO - Expense Ratio Comparison

FNGU has a 2.60% expense ratio, which is higher than XOMO's 1.01% expense ratio.

Dividends

FNGU vs. XOMO - Dividend Comparison

FNGU has not paid dividends to shareholders, while XOMO's dividend yield for the trailing twelve months is around 37.24%.

Position	TTM	2025	2024	2023
FNGU MicroSectors FANG+ 3X Leveraged ETNs	0.00%	0.00%	0.00%	0.00%
XOMO YieldMax XOM Option Income Strategy ETF	37.24%	31.64%	26.94%	5.13%

Frequently Asked Questions

Can I hold both FNGU and XOMO in my portfolio?

FNGU and XOMO have a correlation of -0.29, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, FNGU or XOMO?

FNGU has higher volatility (22.79%) compared to XOMO (6.24%). In terms of maximum drawdown, FNGU dropped -61.30% vs XOMO's -18.90%.

Which ETF is better, FNGU or XOMO?

On 1-year performance, FNGU leads with 31.91% vs 31.71% for XOMO. On fees, XOMO is cheaper at 1.01% per year. On volatility, XOMO has been the lower-risk option at 6.24%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, FNGU or XOMO?

Over the 1-year period, FNGU has performed better with a 31.91% return vs 31.71%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, FNGU or XOMO?

XOMO is cheaper with a 1.01% expense ratio, compared with 2.60% for FNGU.

Which ETF pays a higher dividend yield, FNGU or XOMO?

XOMO has the higher dividend yield at 37.24%, compared with 0.00% for FNGU.

What is the main difference between FNGU and XOMO?

FNGU is categorized as Leveraged Equities, while XOMO is Derivative Income. They also come from different issuers: BMO and YieldMax. Their fees differ too: 2.60% for FNGU and 1.01% for XOMO.

Which has better risk-adjusted returns?

XOMO currently has the higher Sharpe Ratio (1.55 vs 0.48), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.