ILDR vs. FNGS
Compare and contrast key facts about First Trust Innovation Leaders ETF (ILDR) and MicroSectors FANG+ ETN (FNGS).
ILDR and FNGS are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. ILDR is an actively managed fund by First Trust. It was launched on May 25, 2021. 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: ILDR or FNGS.
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
Loading data...
Key characteristics
ILDR:
0.50
FNGS:
0.80
ILDR:
0.84
FNGS:
1.22
ILDR:
1.12
FNGS:
1.16
ILDR:
0.52
FNGS:
0.91
ILDR:
1.79
FNGS:
2.64
ILDR:
7.68%
FNGS:
9.20%
ILDR:
28.49%
FNGS:
32.13%
ILDR:
-44.61%
FNGS:
-48.98%
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
-2.82%
12.63%
-5.25%
14.12%
N/A
N/A
FNGS
-4.29%
12.11%
2.01%
24.86%
27.66%
N/A
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
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
ILDR
FNGS
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.
Loading data...
Dividends
ILDR vs. FNGS - Dividend Comparison
Neither ILDR nor FNGS has paid dividends to shareholders.
TTM | 2024 | 2023 | 2022 | 2021 | |
---|---|---|---|---|---|
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.
Loading data...
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.
Loading data...