MAGSX vs. FNGS
Compare and contrast key facts about Madison Aggressive Allocation Fund (MAGSX) and MicroSectors FANG+ ETN (FNGS).
MAGSX is managed by Madison Funds. It was launched on Jun 29, 2006. 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: MAGSX or FNGS.
Performance
MAGSX vs. FNGS - Performance Comparison
Returns By Period
In the year-to-date period, MAGSX achieves a 11.87% return, which is significantly lower than FNGS's 42.29% return.
MAGSX
11.87%
1.42%
5.74%
16.44%
5.42%
5.92%
FNGS
42.29%
6.44%
17.27%
49.21%
33.98%
N/A
Key characteristics
| MAGSX | FNGS | |
|---|---|---|
| Sharpe Ratio | 2.00 | 1.99 |
| Sortino Ratio | 2.84 | 2.57 |
| Omega Ratio | 1.36 | 1.34 |
| Calmar Ratio | 1.84 | 2.76 |
| Martin Ratio | 12.45 | 8.98 |
| Ulcer Index | 1.32% | 5.48% |
| Daily Std Dev | 8.24% | 24.73% |
| Max Drawdown | -56.42% | -48.98% |
| Current Drawdown | -0.49% | -0.90% |
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
MAGSX vs. FNGS - Expense Ratio Comparison
MAGSX has a 0.71% expense ratio, which is higher than FNGS's 0.58% expense ratio.
Correlation
The correlation between MAGSX and FNGS is 0.72, 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.
Risk-Adjusted Performance
MAGSX vs. FNGS - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Madison Aggressive Allocation Fund (MAGSX) 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
MAGSX vs. FNGS - Dividend Comparison
MAGSX's dividend yield for the trailing twelve months is around 1.69%, while FNGS has not paid dividends to shareholders.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
MAGSX Madison Aggressive Allocation Fund | 1.69% | 1.89% | 1.26% | 2.89% | 0.77% | 1.33% | 1.37% | 1.22% | 1.15% | 0.95% | 1.68% | 0.34% |
FNGS MicroSectors FANG+ 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
MAGSX vs. FNGS - Drawdown Comparison
The maximum MAGSX drawdown since its inception was -56.42%, which is greater than FNGS's maximum drawdown of -48.98%. Use the drawdown chart below to compare losses from any high point for MAGSX and FNGS. For additional features, visit the drawdowns tool.
Volatility
MAGSX vs. FNGS - Volatility Comparison
The current volatility for Madison Aggressive Allocation Fund (MAGSX) is 2.33%, while MicroSectors FANG+ ETN (FNGS) has a volatility of 6.73%. This indicates that MAGSX 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.