Correlation
The correlation between FUBO and FNGU is 0.27, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
FUBO vs. FNGU
Compare and contrast key facts about fuboTV Inc. (FUBO) and MicroSectors FANG+™ Index 3X Leveraged ETN (FNGU).
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: FUBO or FNGU.
Performance
FUBO vs. FNGU - Performance Comparison
Loading data...
Key characteristics
FUBO:
0.74
FNGU:
0.25
FUBO:
4.85
FNGU:
0.92
FUBO:
1.56
FNGU:
1.12
FUBO:
1.93
FNGU:
0.28
FUBO:
6.45
FNGU:
0.64
FUBO:
29.41%
FNGU:
27.62%
FUBO:
264.05%
FNGU:
93.18%
FUBO:
-98.44%
FNGU:
-92.34%
FUBO:
-94.56%
FNGU:
-37.57%
Returns By Period
In the year-to-date period, FUBO achieves a 187.30% return, which is significantly higher than FNGU's -25.65% return.
FUBO
187.30%
16.77%
141.33%
194.31%
1.03%
-20.71%
N/A
FNGU
-25.65%
9.24%
-12.21%
15.94%
82.06%
41.24%
N/A
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Risk-Adjusted Performance
FUBO vs. FNGU — Risk-Adjusted Performance Rank
FUBO
FNGU
FUBO vs. FNGU - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for fuboTV Inc. (FUBO) and MicroSectors FANG+™ Index 3X Leveraged ETN (FNGU). 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.
Loading data...
Dividends
FUBO vs. FNGU - Dividend Comparison
Neither FUBO nor FNGU has paid dividends to shareholders.
Drawdowns
FUBO vs. FNGU - Drawdown Comparison
The maximum FUBO drawdown since its inception was -98.44%, which is greater than FNGU's maximum drawdown of -92.34%. Use the drawdown chart below to compare losses from any high point for FUBO and FNGU.
Loading data...
Volatility
FUBO vs. FNGU - Volatility Comparison
fuboTV Inc. (FUBO) has a higher volatility of 28.17% compared to MicroSectors FANG+™ Index 3X Leveraged ETN (FNGU) at 10.08%. This indicates that FUBO's price experiences larger fluctuations and is considered to be riskier than FNGU based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading data...