OPAD vs. FNGU
OPAD (Offerpad Solutions Inc.) is a stock, while FNGU (MicroSectors FANG+ 3X Leveraged ETNs) is Leveraged Equities fund tracking the NYSE FANG+ Index (Gross Total Return) (300%). Over the past year, OPAD returned -68.28% vs 13.50% for FNGU. Their 0.34 correlation means their historical movements had little consistent relationship.
Performance
OPAD vs. FNGU - Performance Comparison
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Returns By Period
In the year-to-date period, OPAD achieves a -68.02% return, which is significantly lower than FNGU's 5.54% return.
OPAD
- 1D
- -6.75%
- 1M
- -26.84%
- 6M
- -62.06%
- YTD
- -68.02%
- 1Y
- -68.28%
- 3Y*
- -68.01%
- 5Y*
- -69.56%
- 10Y*
- —
- ALL TIME*
- -65.84%
FNGU
- 1D
- 5.13%
- 1M
- 0.64%
- 6M
- 18.28%
- YTD
- 5.54%
- 1Y
- 13.50%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- 5.98%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $92.08M | $119.18M | $153.90M | |
| $176.09K | $234.55K | $395.69K |
OPAD vs. FNGU - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
OPAD Offerpad Solutions Inc. | -68.02% | -50.00% |
FNGU MicroSectors FANG+ 3X Leveraged ETNs | 5.54% | 3.02% |
Correlation
The correlation between OPAD and FNGU is 0.38, which is low. Their historical price movements had little consistent relationship.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.38 |
Correlation (All Time) Calculated using the full available price history since Feb 20, 2025 | 0.34 |
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Return for Risk
OPAD vs. FNGU — Risk / Return Rank
OPAD
FNGU
OPAD vs. FNGU - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Offerpad Solutions Inc. (OPAD) and MicroSectors FANG+ 3X Leveraged ETNs (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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| OPAD | FNGU | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.41 | ||
| Sortino ratioReturn per unit of downside risk | -0.27 | ||
| Omega ratioGain probability vs. loss probability | 1.03 | 1.07 | -0.04 |
| Calmar ratioReturn relative to maximum drawdown | -0.74 | 0.07 | -0.81 |
| Martin ratioReturn relative to average drawdown | -0.92 | 0.16 | -1.08 |
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Drawdowns
OPAD vs. FNGU - Drawdown Comparison
The maximum OPAD drawdown since its inception was -99.87%, which is greater than FNGU's maximum drawdown of -61.30%. Use the drawdown chart below to compare losses from any high point for OPAD and FNGU.
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Drawdown Indicators
| OPAD | FNGU | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -99.87% | -61.30% | -38.57% |
Max Drawdown (1Y)Largest decline over 1 year | -93.79% | -59.55% | -34.24% |
Max Drawdown (3Y)Largest decline over 3 years | -97.03% | — | — |
Max Drawdown (5Y)Largest decline over 5 years | -99.87% | — | — |
Current DrawdownCurrent decline from peak | -99.87% | -26.25% | -73.62% |
Average DrawdownAverage peak-to-trough decline | -82.51% | -22.61% | -59.90% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 74.79% | 26.68% | +48.11% |
Volatility
OPAD vs. FNGU - Volatility Comparison
Offerpad Solutions Inc. (OPAD) has a higher volatility of 26.05% compared to MicroSectors FANG+ 3X Leveraged ETNs (FNGU) at 17.87%. This indicates that OPAD's price experiences larger fluctuations and is considered to be riskier than FNGU based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| OPAD | FNGU | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 26.05% | 17.87% | +8.18% |
Volatility (6M)Calculated over the trailing 6-month period | 62.05% | 53.81% | +8.24% |
Volatility (1Y)Calculated over the trailing 1-year period | 198.91% | 65.86% | +133.05% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 132.10% | 79.67% | +52.43% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 124.62% | 79.67% | +44.95% |
Dividends
OPAD vs. FNGU - Dividend Comparison
Neither OPAD nor FNGU has paid dividends to shareholders.
Frequently Asked Questions
OPAD and FNGU have a correlation of 0.38, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
OPAD has higher volatility (26.05%) compared to FNGU (17.87%). In terms of maximum drawdown, OPAD dropped -99.87% vs FNGU's -61.30%.
FNGU currently has the higher Sharpe Ratio (0.07 vs -0.35), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
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