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.
Correlation
The correlation between MAGSX and FNGS is 0.71, 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
MAGSX vs. FNGS - Performance Comparison
Key characteristics
MAGSX:
0.98
FNGS:
1.72
MAGSX:
1.34
FNGS:
2.25
MAGSX:
1.18
FNGS:
1.29
MAGSX:
0.80
FNGS:
2.52
MAGSX:
4.43
FNGS:
7.98
MAGSX:
2.00%
FNGS:
5.62%
MAGSX:
9.09%
FNGS:
26.25%
MAGSX:
-56.42%
FNGS:
-48.98%
MAGSX:
-3.59%
FNGS:
-4.21%
Returns By Period
In the year-to-date period, MAGSX achieves a 2.56% return, which is significantly higher than FNGS's 1.20% return.
MAGSX
2.56%
-0.44%
1.87%
8.58%
1.48%
1.38%
FNGS
1.20%
-0.53%
22.06%
45.82%
31.45%
N/A
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MAGSX vs. FNGS - Expense Ratio Comparison
MAGSX has a 0.71% expense ratio, which is higher than FNGS's 0.58% expense ratio.
Risk-Adjusted Performance
MAGSX vs. FNGS — Risk-Adjusted Performance Rank
MAGSX
FNGS
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 1.97%, while FNGS has not paid dividends to shareholders.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
MAGSX Madison Aggressive Allocation Fund | 1.97% | 2.02% | 1.89% | 1.26% | 2.89% | 0.77% | 1.33% | 1.37% | 1.22% | 1.15% | 0.95% | 1.68% |
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 3.93%, while MicroSectors FANG+ ETN (FNGS) has a volatility of 7.55%. 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.