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NQ=F vs. FNGS
Performance
Risk-Adjusted Performance
Drawdowns
Volatility

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.

NQ=F vs. FNGS

Last updated Jun 1, 2025

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.

Performance

NQ=F vs. FNGS - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in E-Mini Nasdaq 100 Futures (NQ=F) and MicroSectors FANG+ ETN (FNGS). The values are adjusted to include any dividend payments, if applicable.

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Key characteristics

Sharpe Ratio

NQ=F:

0.58

FNGS:

1.01

Sortino Ratio

NQ=F:

0.92

FNGS:

1.43

Omega Ratio

NQ=F:

1.13

FNGS:

1.19

Calmar Ratio

NQ=F:

0.59

FNGS:

1.12

Martin Ratio

NQ=F:

1.85

FNGS:

3.24

Ulcer Index

NQ=F:

7.38%

FNGS:

9.24%

Daily Std Dev

NQ=F:

25.54%

FNGS:

32.59%

Max Drawdown

NQ=F:

-35.28%

FNGS:

-48.98%

Current Drawdown

NQ=F:

-4.60%

FNGS:

-2.54%

Returns By Period

In the year-to-date period, NQ=F achieves a 0.71% return, which is significantly lower than FNGS's 4.20% return.

NQ=F

YTD

0.71%

1M

7.58%

6M

1.83%

1Y

14.98%

3Y*

19.12%

5Y*

17.46%

10Y*

16.85%

FNGS

YTD

4.20%

1M

8.50%

6M

11.14%

1Y

33.83%

3Y*

37.54%

5Y*

29.02%

10Y*

N/A

*Annualized

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E-Mini Nasdaq 100 Futures

MicroSectors FANG+ ETN

Go deeper with the Portfolio Analysis tool — backtest performance, assess risk, compare to benchmarks, and more

Risk-Adjusted Performance

NQ=F vs. FNGS — Risk-Adjusted Performance Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.
NQ=F
The Risk-Adjusted Performance Rank of NQ=F is 7777
Overall Rank
The Sharpe Ratio Rank of NQ=F is 7777
Sharpe Ratio Rank
The Sortino Ratio Rank of NQ=F is 7878
Sortino Ratio Rank
The Omega Ratio Rank of NQ=F is 7878
Omega Ratio Rank
The Calmar Ratio Rank of NQ=F is 7878
Calmar Ratio Rank
The Martin Ratio Rank of NQ=F is 7575
Martin Ratio Rank
FNGS
The Risk-Adjusted Performance Rank of FNGS is 7676
Overall Rank
The Sharpe Ratio Rank of FNGS is 7777
Sharpe Ratio Rank
The Sortino Ratio Rank of FNGS is 7676
Sortino Ratio Rank
The Omega Ratio Rank of FNGS is 7474
Omega Ratio Rank
The Calmar Ratio Rank of FNGS is 8282
Calmar Ratio Rank
The Martin Ratio Rank of FNGS is 7272
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

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.

The current NQ=F Sharpe Ratio is 0.58, which is lower than the FNGS Sharpe Ratio of 1.01. The chart below compares the historical Sharpe Ratios of NQ=F and FNGS, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

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Go to the full Sharpe Ratio tool to analyze any stock or portfolio. Customize time frames, set your own risk-free rate, and more

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.

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Go to the full Drawdowns tool for more analysis options, including inflation-adjusted drawdowns, and more

Volatility

NQ=F vs. FNGS - Volatility Comparison

The current volatility for E-Mini Nasdaq 100 Futures (NQ=F) is 5.55%, while MicroSectors FANG+ ETN (FNGS) has a volatility of 7.17%. 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.

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