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 0.89, 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:
1.38
FNGS:
2.02
NQ=F:
1.93
FNGS:
2.58
NQ=F:
1.26
FNGS:
1.34
NQ=F:
1.78
FNGS:
2.95
NQ=F:
5.89
FNGS:
9.34
NQ=F:
4.24%
FNGS:
5.62%
NQ=F:
17.93%
FNGS:
25.97%
NQ=F:
-35.28%
FNGS:
-48.98%
NQ=F:
-0.90%
FNGS:
-0.87%
Returns By Period
In the year-to-date period, NQ=F achieves a 3.23% return, which is significantly lower than FNGS's 4.72% return.
NQ=F
3.23%
-0.44%
14.27%
25.01%
19.04%
17.94%
FNGS
4.72%
0.12%
27.27%
50.89%
33.00%
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 5.04%, while MicroSectors FANG+ ETN (FNGS) has a volatility of 6.53%. 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.