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ILDR vs. FNGS
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between ILDR and FNGS is 0.82, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.


Performance

ILDR vs. FNGS - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in First Trust Innovation Leaders ETF (ILDR) and MicroSectors FANG+ ETN (FNGS). The values are adjusted to include any dividend payments, if applicable.

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Key characteristics

Sharpe Ratio

ILDR:

0.50

FNGS:

0.80

Sortino Ratio

ILDR:

0.84

FNGS:

1.22

Omega Ratio

ILDR:

1.12

FNGS:

1.16

Calmar Ratio

ILDR:

0.52

FNGS:

0.91

Martin Ratio

ILDR:

1.79

FNGS:

2.64

Ulcer Index

ILDR:

7.68%

FNGS:

9.20%

Daily Std Dev

ILDR:

28.49%

FNGS:

32.13%

Max Drawdown

ILDR:

-44.61%

FNGS:

-48.98%

Current Drawdown

ILDR:

-11.39%

FNGS:

-10.48%

Returns By Period

In the year-to-date period, ILDR achieves a -2.82% return, which is significantly higher than FNGS's -4.29% return.


ILDR

YTD

-2.82%

1M

12.63%

6M

-5.25%

1Y

14.12%

5Y*

N/A

10Y*

N/A

FNGS

YTD

-4.29%

1M

12.11%

6M

2.01%

1Y

24.86%

5Y*

27.66%

10Y*

N/A

*Annualized

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ILDR vs. FNGS - Expense Ratio Comparison

ILDR has a 0.75% expense ratio, which is higher than FNGS's 0.58% expense ratio.


Risk-Adjusted Performance

ILDR vs. FNGS — Risk-Adjusted Performance Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

ILDR
The Risk-Adjusted Performance Rank of ILDR is 5959
Overall Rank
The Sharpe Ratio Rank of ILDR is 5858
Sharpe Ratio Rank
The Sortino Ratio Rank of ILDR is 5858
Sortino Ratio Rank
The Omega Ratio Rank of ILDR is 5959
Omega Ratio Rank
The Calmar Ratio Rank of ILDR is 6464
Calmar Ratio Rank
The Martin Ratio Rank of ILDR is 5858
Martin Ratio Rank

FNGS
The Risk-Adjusted Performance Rank of FNGS is 7575
Overall Rank
The Sharpe Ratio Rank of FNGS is 7676
Sharpe Ratio Rank
The Sortino Ratio Rank of FNGS is 7676
Sortino Ratio Rank
The Omega Ratio Rank of FNGS is 7373
Omega Ratio Rank
The Calmar Ratio Rank of FNGS is 8181
Calmar Ratio Rank
The Martin Ratio Rank of FNGS is 7171
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

ILDR vs. FNGS - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for First Trust Innovation Leaders ETF (ILDR) 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.


The current ILDR Sharpe Ratio is 0.50, which is lower than the FNGS Sharpe Ratio of 0.80. The chart below compares the historical Sharpe Ratios of ILDR and FNGS, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


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Dividends

ILDR vs. FNGS - Dividend Comparison

Neither ILDR nor FNGS has paid dividends to shareholders.


TTM2024202320222021
ILDR
First Trust Innovation Leaders ETF
0.00%0.00%0.00%0.00%0.16%
FNGS
MicroSectors FANG+ ETN
0.00%0.00%0.00%0.00%0.00%

Drawdowns

ILDR vs. FNGS - Drawdown Comparison

The maximum ILDR drawdown since its inception was -44.61%, smaller than the maximum FNGS drawdown of -48.98%. Use the drawdown chart below to compare losses from any high point for ILDR and FNGS. For additional features, visit the drawdowns tool.


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Volatility

ILDR vs. FNGS - Volatility Comparison

The current volatility for First Trust Innovation Leaders ETF (ILDR) is 8.87%, while MicroSectors FANG+ ETN (FNGS) has a volatility of 10.27%. This indicates that ILDR 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.


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