NQ=F vs. FNGS
Compare and contrast key facts about E-Mini Nasdaq 100 Futures (NQ=F) 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: NQ=F or FNGS.
Correlation
The correlation between NQ=F and FNGS is 0.79, 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
NQ=F vs. FNGS - Performance Comparison
Key characteristics
NQ=F:
0.40
FNGS:
0.80
NQ=F:
0.64
FNGS:
1.22
NQ=F:
1.09
FNGS:
1.16
NQ=F:
0.37
FNGS:
0.91
NQ=F:
1.17
FNGS:
2.64
NQ=F:
7.10%
FNGS:
9.20%
NQ=F:
24.80%
FNGS:
32.13%
NQ=F:
-35.28%
FNGS:
-48.98%
NQ=F:
-9.46%
FNGS:
-10.48%
Returns By Period
In the year-to-date period, NQ=F achieves a -5.09% return, which is significantly lower than FNGS's -4.29% return.
NQ=F
-5.09%
4.45%
-5.11%
10.61%
16.42%
16.15%
FNGS
-4.29%
8.03%
2.01%
25.57%
27.92%
N/A
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Risk-Adjusted Performance
NQ=F vs. FNGS — Risk-Adjusted Performance Rank
NQ=F
FNGS
NQ=F vs. FNGS - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for E-Mini Nasdaq 100 Futures (NQ=F) 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.
Drawdowns
NQ=F vs. FNGS - Drawdown Comparison
The maximum NQ=F drawdown since its inception was -35.28%, smaller than the maximum FNGS drawdown of -48.98%. Use the drawdown chart below to compare losses from any high point for NQ=F and FNGS. For additional features, visit the drawdowns tool.
Volatility
NQ=F vs. FNGS - Volatility Comparison
The current volatility for E-Mini Nasdaq 100 Futures (NQ=F) is 8.15%, while MicroSectors FANG+ ETN (FNGS) has a volatility of 10.27%. This indicates that NQ=F 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.