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:
0.44
FNGU:
2.18
MPTI:
1.04
FNGU:
2.44
MPTI:
1.13
FNGU:
1.32
MPTI:
0.69
FNGU:
3.16
MPTI:
1.47
FNGU:
9.19
MPTI:
21.31%
FNGU:
17.72%
MPTI:
70.67%
FNGU:
74.71%
MPTI:
-46.41%
FNGU:
-92.34%
MPTI:
-20.81%
FNGU:
-14.10%
Returns By Period
In the year-to-date period, MPTI achieves a 14.43% return, which is significantly higher than FNGU's 2.30% return.
MPTI
14.43%
5.88%
74.22%
35.37%
N/A
N/A
FNGU
2.30%
-2.93%
30.19%
137.20%
50.89%
N/A
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Risk-Adjusted Performance
MPTI vs. FNGU — Risk-Adjusted Performance Rank
MPTI
FNGU
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 22.27%, while MicroSectors FANG+™ Index 3X Leveraged ETN (FNGU) has a volatility of 23.86%. 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.