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

FRSH vs. FNGS

Last updated May 11, 2025

Compare and contrast key facts about Freshworks Inc. (FRSH) and MicroSectors FANG+ ETN (FNGS).

FNGS is a passively managed fund by BMO Financial Group that tracks the performance of the NYSE FANG+ Index. It was launched on Nov 12, 2019.

Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: FRSH or FNGS.

Correlation

The correlation between FRSH and FNGS is 0.52, 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

FRSH vs. FNGS - Performance Comparison

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

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Key characteristics

Sharpe Ratio

FRSH:

0.11

FNGS:

0.80

Sortino Ratio

FRSH:

0.48

FNGS:

1.22

Omega Ratio

FRSH:

1.06

FNGS:

1.16

Calmar Ratio

FRSH:

0.03

FNGS:

0.91

Martin Ratio

FRSH:

0.12

FNGS:

2.64

Ulcer Index

FRSH:

16.94%

FNGS:

9.20%

Daily Std Dev

FRSH:

49.41%

FNGS:

32.13%

Max Drawdown

FRSH:

-78.35%

FNGS:

-48.98%

Current Drawdown

FRSH:

-71.02%

FNGS:

-10.48%

Returns By Period

In the year-to-date period, FRSH achieves a -9.96% return, which is significantly lower than FNGS's -4.29% return.

FRSH

YTD

-9.96%

1M

15.83%

6M

-11.44%

1Y

6.20%

5Y*

N/A

10Y*

N/A

FNGS

YTD

-4.29%

1M

12.11%

6M

2.01%

1Y

24.86%

5Y*

27.66%

10Y*

N/A

*Annualized

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Risk-Adjusted Performance

FRSH vs. FNGS — Risk-Adjusted Performance Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.
FRSH
The Risk-Adjusted Performance Rank of FRSH is 5353
Overall Rank
The Sharpe Ratio Rank of FRSH is 5757
Sharpe Ratio Rank
The Sortino Ratio Rank of FRSH is 5151
Sortino Ratio Rank
The Omega Ratio Rank of FRSH is 4848
Omega Ratio Rank
The Calmar Ratio Rank of FRSH is 5353
Calmar Ratio Rank
The Martin Ratio Rank of FRSH is 5353
Martin Ratio Rank
FNGS
The Risk-Adjusted Performance Rank of FNGS is 7575
Overall Rank
The Sharpe Ratio Rank of FNGS is 7676
Sharpe Ratio Rank
The Sortino Ratio Rank of FNGS is 7676
Sortino Ratio Rank
The Omega Ratio Rank of FNGS is 7373
Omega Ratio Rank
The Calmar Ratio Rank of FNGS is 8181
Calmar Ratio Rank
The Martin Ratio Rank of FNGS is 7171
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.

FRSH vs. FNGS - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Freshworks Inc. (FRSH) and MicroSectors FANG+ ETN (FNGS). 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 FRSH Sharpe Ratio is 0.11, which is lower than the FNGS Sharpe Ratio of 0.80. The chart below compares the historical Sharpe Ratios of FRSH and FNGS, 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

FRSH vs. FNGS - Dividend Comparison

Neither FRSH nor FNGS has paid dividends to shareholders.

Tickers have no history of dividend payments

Drawdowns

FRSH vs. FNGS - Drawdown Comparison

The maximum FRSH drawdown since its inception was -78.35%, which is greater than FNGS's maximum drawdown of -48.98%. Use the drawdown chart below to compare losses from any high point for FRSH and FNGS. For additional features, visit the drawdowns tool.

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Volatility

FRSH vs. FNGS - Volatility Comparison

Freshworks Inc. (FRSH) has a higher volatility of 12.86% compared to MicroSectors FANG+ ETN (FNGS) at 10.27%. This indicates that FRSH's price experiences larger fluctuations and is considered to be riskier than FNGS based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

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