MPTI vs. FNGU
Compare and contrast key facts about M-tron Industries Inc (MPTI) and MicroSectors FANG+™ Index 3X Leveraged ETN (FNGU).
FNGU is a passively managed fund by Bank of Montreal that tracks the performance of the NYSE FANG (TR) (300%). It was launched on Jan 22, 2018.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: MPTI or FNGU.
Performance
MPTI vs. FNGU - Performance Comparison
Returns By Period
In the year-to-date period, MPTI achieves a 62.32% return, which is significantly lower than FNGU's 117.71% return.
MPTI
62.32%
15.51%
76.25%
50.79%
N/A
N/A
FNGU
117.71%
9.93%
40.45%
148.30%
62.08%
N/A
Key characteristics
| MPTI | FNGU | |
|---|---|---|
| Sharpe Ratio | 0.69 | 2.04 |
| Sortino Ratio | 1.36 | 2.37 |
| Omega Ratio | 1.17 | 1.32 |
| Calmar Ratio | 1.16 | 2.37 |
| Martin Ratio | 2.54 | 8.41 |
| Ulcer Index | 20.66% | 17.31% |
| Daily Std Dev | 76.21% | 71.44% |
| Max Drawdown | -46.41% | -92.34% |
| Current Drawdown | -3.42% | -9.38% |
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Correlation
The correlation between MPTI and FNGU is 0.18, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Risk-Adjusted Performance
MPTI vs. FNGU - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for M-tron Industries Inc (MPTI) and MicroSectors FANG+™ Index 3X Leveraged ETN (FNGU). 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
MPTI vs. FNGU - Dividend Comparison
Neither MPTI nor FNGU has paid dividends to shareholders.
Drawdowns
MPTI vs. FNGU - Drawdown Comparison
The maximum MPTI drawdown since its inception was -46.41%, smaller than the maximum FNGU drawdown of -92.34%. Use the drawdown chart below to compare losses from any high point for MPTI and FNGU. For additional features, visit the drawdowns tool.
Volatility
MPTI vs. FNGU - Volatility Comparison
The current volatility for M-tron Industries Inc (MPTI) is 18.31%, while MicroSectors FANG+™ Index 3X Leveraged ETN (FNGU) has a volatility of 21.51%. This indicates that MPTI experiences smaller price fluctuations and is considered to be less risky than FNGU based on this measure. The chart below showcases a comparison of their rolling one-month volatility.