NESTLEIND.NS vs. FNGS
Compare and contrast key facts about Nestle India Limited (NESTLEIND.NS) and MicroSectors FANG+ ETN (FNGS).
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: NESTLEIND.NS or FNGS.
Key characteristics
| NESTLEIND.NS | FNGS | |
|---|---|---|
| YTD Return | -17.21% | 42.95% |
| 1Y Return | -8.55% | 52.01% |
| 3Y Return (Ann) | 6.54% | 16.24% |
| 5Y Return (Ann) | 11.91% | 34.25% |
| Sharpe Ratio | -0.44 | 2.13 |
| Sortino Ratio | -0.51 | 2.72 |
| Omega Ratio | 0.94 | 1.37 |
| Calmar Ratio | -0.42 | 2.93 |
| Martin Ratio | -1.05 | 9.54 |
| Ulcer Index | 8.13% | 5.47% |
| Daily Std Dev | 19.33% | 24.53% |
| Max Drawdown | -31.75% | -48.98% |
| Current Drawdown | -20.48% | -0.44% |
Correlation
The correlation between NESTLEIND.NS and FNGS is 0.08, 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
NESTLEIND.NS vs. FNGS - Performance Comparison
In the year-to-date period, NESTLEIND.NS achieves a -17.21% return, which is significantly lower than FNGS's 42.95% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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Risk-Adjusted Performance
NESTLEIND.NS vs. FNGS - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Nestle India Limited (NESTLEIND.NS) 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
NESTLEIND.NS vs. FNGS - Dividend Comparison
NESTLEIND.NS's dividend yield for the trailing twelve months is around 1.23%, while FNGS has not paid dividends to shareholders.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
NESTLEIND.NS Nestle India Limited | 1.23% | 0.91% | 4.39% | 1.02% | 4.39% | 3.61% | 3.14% | 1.11% | 0.99% | 0.74% | 2.67% | 0.93% |
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
NESTLEIND.NS vs. FNGS - Drawdown Comparison
The maximum NESTLEIND.NS drawdown since its inception was -31.75%, smaller than the maximum FNGS drawdown of -48.98%. Use the drawdown chart below to compare losses from any high point for NESTLEIND.NS and FNGS. For additional features, visit the drawdowns tool.
Volatility
NESTLEIND.NS vs. FNGS - Volatility Comparison
Nestle India Limited (NESTLEIND.NS) and MicroSectors FANG+ ETN (FNGS) have volatilities of 6.31% and 6.38%, 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.