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 -67.11% vs 17.37% for FNGU. At a 0.33 correlation, their price movements are largely independent.
Performance
OPAD vs. FNGU - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, OPAD achieves a -61.40% return, which is significantly lower than FNGU's 10.45% return.
OPAD
- 1D
- -6.22%
- 1M
- -5.66%
- 6M
- -73.76%
- YTD
- -61.40%
- 1Y
- -67.11%
- 3Y*
- -67.49%
- 5Y*
- -68.43%
- 10Y*
- —
FNGU
- 1D
- -2.58%
- 1M
- 6.25%
- 6M
- 10.67%
- YTD
- 10.45%
- 1Y
- 17.37%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
OPAD vs. FNGU - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
OPAD Offerpad Solutions Inc. | -61.40% | -50.00% |
FNGU MicroSectors FANG+ 3X Leveraged ETNs | 10.45% | 3.02% |
Correlation
The correlation between OPAD and FNGU is 0.34, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.34 |
Correlation (All Time) Calculated using the full available price history since Feb 20, 2025 | 0.33 |
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
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 | -0.59 | ||
| Sortino ratioReturn per unit of downside risk | -0.26 | ||
| Omega ratioGain probability vs. loss probability | 1.06 | 1.10 | -0.04 |
| Calmar ratioReturn relative to maximum drawdown | -0.72 | 0.29 | -1.02 |
| Martin ratioReturn relative to average drawdown | -0.91 | 0.67 | -1.59 |
Loading charts...
Drawdowns
OPAD vs. FNGU - Drawdown Comparison
The maximum OPAD drawdown since its inception was -99.85%, 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.
Loading charts...
Drawdown Indicators
| OPAD | FNGU | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -99.85% | -61.30% | -38.55% |
Max Drawdown (1Y)Largest decline over 1 year | -92.97% | -59.55% | -33.42% |
Max Drawdown (3Y)Largest decline over 3 years | -96.78% | — | — |
Max Drawdown (5Y)Largest decline over 5 years | -99.85% | — | — |
Current DrawdownCurrent decline from peak | -99.84% | -22.82% | -77.02% |
Average DrawdownAverage peak-to-trough decline | -82.34% | -22.44% | -59.90% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 73.45% | 25.91% | +47.54% |
Volatility
OPAD vs. FNGU - Volatility Comparison
Offerpad Solutions Inc. (OPAD) and MicroSectors FANG+ 3X Leveraged ETNs (FNGU) have volatilities of 24.17% and 23.90%, 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.
Loading charts...
Volatility by Period
| OPAD | FNGU | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 24.17% | 23.90% | +0.27% |
Volatility (6M)Calculated over the trailing 6-month period | 75.16% | 52.70% | +22.46% |
Volatility (1Y)Calculated over the trailing 1-year period | 210.17% | 64.20% | +145.97% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 131.80% | 80.03% | +51.77% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 124.91% | 80.03% | +44.88% |
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 0.34, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
OPAD has higher volatility (24.17%) compared to FNGU (23.90%). In terms of maximum drawdown, OPAD dropped -99.85% vs FNGU's -61.30%.
FNGU currently has the higher Sharpe Ratio (0.27 vs -0.32), 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.
Find the right allocation for OPAD and FNGU
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer