GSIB vs. FNGS
Compare and contrast key facts about Themes Global Systemically Important Banks ETF (GSIB) and MicroSectors FANG+ ETN (FNGS).
GSIB and FNGS are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. GSIB is an actively managed fund by Themes. It was launched on Dec 14, 2023. 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: GSIB or FNGS.
Correlation
The correlation between GSIB and FNGS is 0.32, 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.
Performance
GSIB vs. FNGS - Performance Comparison
Key characteristics
GSIB:
1.07
FNGS:
0.24
GSIB:
1.41
FNGS:
0.50
GSIB:
1.20
FNGS:
1.07
GSIB:
1.25
FNGS:
0.26
GSIB:
7.15
FNGS:
0.88
GSIB:
2.91%
FNGS:
7.90%
GSIB:
19.49%
FNGS:
28.82%
GSIB:
-16.70%
FNGS:
-48.98%
GSIB:
-16.70%
FNGS:
-25.47%
Returns By Period
In the year-to-date period, GSIB achieves a -0.94% return, which is significantly higher than FNGS's -20.31% return.
GSIB
-0.94%
-14.30%
5.27%
20.65%
N/A
N/A
FNGS
-20.31%
-12.50%
-7.07%
5.61%
27.58%
N/A
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GSIB vs. FNGS - Expense Ratio Comparison
GSIB has a 0.35% expense ratio, which is lower than FNGS's 0.58% expense ratio.
Risk-Adjusted Performance
GSIB vs. FNGS — Risk-Adjusted Performance Rank
GSIB
FNGS
GSIB vs. FNGS - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Themes Global Systemically Important Banks ETF (GSIB) 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.
Dividends
GSIB vs. FNGS - Dividend Comparison
GSIB's dividend yield for the trailing twelve months is around 1.68%, while FNGS has not paid dividends to shareholders.
| TTM | 2024 | |
|---|---|---|
GSIB Themes Global Systemically Important Banks ETF | 1.68% | 1.67% |
FNGS MicroSectors FANG+ ETN | 0.00% | 0.00% |
Drawdowns
GSIB vs. FNGS - Drawdown Comparison
The maximum GSIB drawdown since its inception was -16.70%, smaller than the maximum FNGS drawdown of -48.98%. Use the drawdown chart below to compare losses from any high point for GSIB and FNGS. For additional features, visit the drawdowns tool.
Volatility
GSIB vs. FNGS - Volatility Comparison
The current volatility for Themes Global Systemically Important Banks ETF (GSIB) is 10.85%, while MicroSectors FANG+ ETN (FNGS) has a volatility of 13.02%. This indicates that GSIB experiences smaller price fluctuations and is considered to be less risky than FNGS based on this measure. The chart below showcases a comparison of their rolling one-month volatility.