JTEK vs. FNGS
Compare and contrast key facts about JPMorgan U.S. Tech Leaders ETF (JTEK) and MicroSectors FANG+ ETN (FNGS).
JTEK and FNGS are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. JTEK is an actively managed fund by JPMorgan. It was launched on Oct 4, 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: JTEK or FNGS.
Correlation
The correlation between JTEK 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
JTEK vs. FNGS - Performance Comparison
Key characteristics
JTEK:
0.36
FNGS:
0.93
JTEK:
0.70
FNGS:
1.42
JTEK:
1.09
FNGS:
1.19
JTEK:
0.38
FNGS:
1.12
JTEK:
1.20
FNGS:
3.36
JTEK:
9.69%
FNGS:
8.94%
JTEK:
32.53%
FNGS:
32.25%
JTEK:
-30.61%
FNGS:
-48.98%
JTEK:
-18.35%
FNGS:
-12.20%
Returns By Period
In the year-to-date period, JTEK achieves a -8.21% return, which is significantly lower than FNGS's -6.12% return.
JTEK
-8.21%
-1.99%
-1.78%
12.18%
N/A
N/A
FNGS
-6.12%
2.71%
5.42%
29.42%
28.76%
N/A
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JTEK vs. FNGS - Expense Ratio Comparison
JTEK has a 0.65% expense ratio, which is higher than FNGS's 0.58% expense ratio.
Risk-Adjusted Performance
JTEK vs. FNGS — Risk-Adjusted Performance Rank
JTEK
FNGS
JTEK vs. FNGS - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for JPMorgan U.S. Tech Leaders ETF (JTEK) 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
JTEK vs. FNGS - Dividend Comparison
Neither JTEK nor FNGS has paid dividends to shareholders.
Drawdowns
JTEK vs. FNGS - Drawdown Comparison
The maximum JTEK drawdown since its inception was -30.61%, smaller than the maximum FNGS drawdown of -48.98%. Use the drawdown chart below to compare losses from any high point for JTEK and FNGS. For additional features, visit the drawdowns tool.
Volatility
JTEK vs. FNGS - Volatility Comparison
JPMorgan U.S. Tech Leaders ETF (JTEK) and MicroSectors FANG+ ETN (FNGS) have volatilities of 18.65% and 18.65%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.