IIP.L vs. FNGS
Compare and contrast key facts about Infrastructure India plc (IIP.L) 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: IIP.L or FNGS.
Key characteristics
| IIP.L | FNGS | |
|---|---|---|
| YTD Return | -78.80% | 27.98% |
| 1Y Return | -80.73% | 45.05% |
| 3Y Return (Ann) | -50.69% | 15.09% |
| Sharpe Ratio | -0.00 | 1.78 |
| Daily Std Dev | 52,796.56% | 24.98% |
| Max Drawdown | -100.00% | -48.98% |
| Current Drawdown | -99.90% | -9.11% |
Correlation
The correlation between IIP.L and FNGS is 0.20, 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
IIP.L vs. FNGS - Performance Comparison
In the year-to-date period, IIP.L achieves a -78.80% return, which is significantly lower than FNGS's 27.98% 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
IIP.L vs. FNGS - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Infrastructure India plc (IIP.L) 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
IIP.L vs. FNGS - Dividend Comparison
Neither IIP.L nor FNGS has paid dividends to shareholders.
Drawdowns
IIP.L vs. FNGS - Drawdown Comparison
The maximum IIP.L drawdown since its inception was -100.00%, which is greater than FNGS's maximum drawdown of -48.98%. Use the drawdown chart below to compare losses from any high point for IIP.L and FNGS. For additional features, visit the drawdowns tool.
Volatility
IIP.L vs. FNGS - Volatility Comparison
Infrastructure India plc (IIP.L) has a higher volatility of 796.96% compared to MicroSectors FANG+ ETN (FNGS) at 8.36%. This indicates that IIP.L'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.