GRRR vs. FNGS
GRRR (Gorilla Technology Group Inc.) is a stock, while FNGS (MicroSectors FANG+ ETN) is Large Cap Growth Equities fund tracking the NYSE FANG+ Index. Over the past 3 years, GRRR returned -0.38%/yr vs 29.80%/yr for FNGS. At a 0.15 correlation, their price movements are largely independent.
Performance
GRRR vs. FNGS - Performance Comparison
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Returns By Period
In the year-to-date period, GRRR achieves a 59.34% return, which is significantly higher than FNGS's 6.79% return.
GRRR
- 1D
- -2.14%
- 1M
- 25.54%
- YTD
- 59.34%
- 6M
- 26.64%
- 1Y
- -15.49%
- 3Y*
- -0.38%
- 5Y*
- —
- 10Y*
- —
FNGS
- 1D
- -0.94%
- 1M
- -3.20%
- YTD
- 6.79%
- 6M
- 4.25%
- 1Y
- 17.02%
- 3Y*
- 29.80%
- 5Y*
- 19.76%
- 10Y*
- —
GRRR vs. FNGS - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | |
|---|---|---|---|---|---|
GRRR Gorilla Technology Group Inc. | 59.34% | -39.53% | 234.82% | -93.35% | -45.75% |
FNGS MicroSectors FANG+ ETN | 6.79% | 18.64% | 51.99% | 95.24% | -11.33% |
Correlation
The correlation between GRRR and FNGS is 0.40, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.40 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.23 |
Correlation (All Time) Calculated using the full available price history since Jul 14, 2022 | 0.15 |
Over the past year, GRRR and FNGS have become more correlated (0.40) than their long-term average of 0.15, meaning their price movements have been converging.
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Return for Risk
GRRR vs. FNGS — Risk / Return Rank
GRRR
FNGS
GRRR vs. FNGS - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Gorilla Technology Group Inc. (GRRR) 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.
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.
| GRRR | FNGS | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.97 | ||
| Sortino ratioReturn per unit of downside risk | -0.82 | ||
| Omega ratioGain probability vs. loss probability | 1.04 | 1.15 | -0.11 |
| Calmar ratioReturn relative to maximum drawdown | -0.25 | 0.75 | -0.99 |
| Martin ratioReturn relative to average drawdown | -0.38 | 2.12 | -2.50 |
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Drawdowns
GRRR vs. FNGS - Drawdown Comparison
The maximum GRRR drawdown since its inception was -99.38%, which is greater than FNGS's maximum drawdown of -48.98%. Use the drawdown chart below to compare losses from any high point for GRRR and FNGS.
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Drawdown Indicators
| GRRR | FNGS | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -99.38% | -48.98% | -50.40% |
Max Drawdown (1Y)Largest decline over 1 year | -62.45% | -22.93% | -39.52% |
Max Drawdown (3Y)Largest decline over 3 years | -96.27% | -26.77% | -69.50% |
Max Drawdown (5Y)Largest decline over 5 years | — | -48.98% | — |
Current DrawdownCurrent decline from peak | -95.20% | -9.63% | -85.57% |
Average DrawdownAverage peak-to-trough decline | -91.93% | -10.85% | -81.08% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 41.22% | 8.05% | +33.17% |
Volatility
GRRR vs. FNGS - Volatility Comparison
Gorilla Technology Group Inc. (GRRR) has a higher volatility of 33.91% compared to MicroSectors FANG+ ETN (FNGS) at 8.74%. This indicates that GRRR'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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Volatility by Period
| GRRR | FNGS | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 33.91% | 8.74% | +25.17% |
Volatility (6M)Calculated over the trailing 6-month period | 59.91% | 17.19% | +42.72% |
Volatility (1Y)Calculated over the trailing 1-year period | 87.88% | 21.65% | +66.23% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 163.67% | 30.10% | +133.57% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 163.67% | 31.17% | +132.50% |
Dividends
GRRR vs. FNGS - Dividend Comparison
Neither GRRR nor FNGS has paid dividends to shareholders.
Frequently Asked Questions
GRRR and FNGS have a correlation of 0.40, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
GRRR has higher volatility (33.91%) compared to FNGS (8.74%). In terms of maximum drawdown, GRRR dropped -99.38% vs FNGS's -48.98%.
FNGS currently has the higher Sharpe Ratio (0.79 vs -0.18), 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.
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