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 0.72, 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.
Performance
MAGSX vs. FNGS - Performance Comparison
Key characteristics
MAGSX:
1.11
FNGS:
2.06
MAGSX:
1.57
FNGS:
2.61
MAGSX:
1.20
FNGS:
1.35
MAGSX:
1.43
FNGS:
2.98
MAGSX:
6.52
FNGS:
9.65
MAGSX:
1.44%
FNGS:
5.51%
MAGSX:
8.47%
FNGS:
25.78%
MAGSX:
-56.42%
FNGS:
-48.98%
MAGSX:
-3.17%
FNGS:
-3.70%
Returns By Period
In the year-to-date period, MAGSX achieves a 9.66% return, which is significantly lower than FNGS's 54.64% return.
MAGSX
9.66%
-2.45%
3.11%
9.46%
4.55%
5.68%
FNGS
54.64%
9.68%
18.79%
53.50%
33.37%
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 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
Neither MAGSX nor FNGS has paid dividends to shareholders.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
MAGSX Madison Aggressive Allocation Fund | 0.00% | 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 2.79%, while MicroSectors FANG+ ETN (FNGS) has a volatility of 8.44%. 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.