HVPE.L vs. FNGU
Compare and contrast key facts about HarbourVest Global Private Equity Ltd (HVPE.L) 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: HVPE.L or FNGU.
Key characteristics
| HVPE.L | FNGU | |
|---|---|---|
| YTD Return | 0.64% | 126.45% |
| 1Y Return | 3.71% | 168.87% |
| 3Y Return (Ann) | -3.46% | 4.09% |
| 5Y Return (Ann) | 7.27% | 63.54% |
| Sharpe Ratio | 0.04 | 2.63 |
| Sortino Ratio | 0.22 | 2.73 |
| Omega Ratio | 1.02 | 1.37 |
| Calmar Ratio | 0.03 | 3.04 |
| Martin Ratio | 0.12 | 10.86 |
| Ulcer Index | 7.28% | 17.24% |
| Daily Std Dev | 20.97% | 71.12% |
| Max Drawdown | -50.70% | -92.34% |
| Current Drawdown | -19.22% | -5.75% |
Correlation
The correlation between HVPE.L and FNGU is 0.22, 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
HVPE.L vs. FNGU - Performance Comparison
In the year-to-date period, HVPE.L achieves a 0.64% return, which is significantly lower than FNGU's 126.45% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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Risk-Adjusted Performance
HVPE.L vs. FNGU - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for HarbourVest Global Private Equity Ltd (HVPE.L) 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.
Dividends
HVPE.L vs. FNGU - Dividend Comparison
Neither HVPE.L nor FNGU has paid dividends to shareholders.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
HVPE.L HarbourVest Global Private Equity Ltd | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 1.92% | 2.43% |
FNGU MicroSectors FANG+™ Index 3X Leveraged ETN | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Drawdowns
HVPE.L vs. FNGU - Drawdown Comparison
The maximum HVPE.L drawdown since its inception was -50.70%, smaller than the maximum FNGU drawdown of -92.34%. Use the drawdown chart below to compare losses from any high point for HVPE.L and FNGU. For additional features, visit the drawdowns tool.
Volatility
HVPE.L vs. FNGU - Volatility Comparison
The current volatility for HarbourVest Global Private Equity Ltd (HVPE.L) is 7.72%, while MicroSectors FANG+™ Index 3X Leveraged ETN (FNGU) has a volatility of 18.92%. This indicates that HVPE.L experiences smaller price fluctuations and is considered to be less risky than FNGU based on this measure. The chart below showcases a comparison of their rolling one-month volatility.