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.
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.
Performance
MPTI vs. FNGU - Performance Comparison
Key characteristics
MPTI:
0.72
FNGU:
2.30
MPTI:
1.35
FNGU:
2.51
MPTI:
1.18
FNGU:
1.34
MPTI:
1.16
FNGU:
2.93
MPTI:
2.58
FNGU:
9.73
MPTI:
20.25%
FNGU:
17.43%
MPTI:
72.63%
FNGU:
73.68%
MPTI:
-46.41%
FNGU:
-92.34%
MPTI:
-28.75%
FNGU:
-11.51%
Returns By Period
In the year-to-date period, MPTI achieves a 39.66% return, which is significantly lower than FNGU's 164.07% return.
MPTI
39.66%
-13.96%
59.20%
43.69%
N/A
N/A
FNGU
164.07%
21.30%
43.69%
159.48%
59.63%
N/A
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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
M-tron Industries Inc (MPTI) and MicroSectors FANG+™ Index 3X Leveraged ETN (FNGU) have volatilities of 21.68% and 22.41%, 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.