PRIM vs. FNGU
Compare and contrast key facts about Primoris Services Corporation (PRIM) and MicroSectors FANG+™ Index 3X Leveraged ETN (FNGU).
FNGU is a passively managed fund by Bank of Montreal that tracks the performance of the NYSE FANG (TR) (300%). It was launched on Jan 22, 2018.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: PRIM or FNGU.
Correlation
The correlation between PRIM and FNGU is 0.32, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Performance
PRIM vs. FNGU - Performance Comparison
Key characteristics
PRIM:
3.79
FNGU:
2.26
PRIM:
4.32
FNGU:
2.49
PRIM:
1.56
FNGU:
1.33
PRIM:
7.26
FNGU:
3.13
PRIM:
30.14
FNGU:
9.55
PRIM:
4.86%
FNGU:
17.50%
PRIM:
38.63%
FNGU:
73.75%
PRIM:
-68.44%
FNGU:
-92.34%
PRIM:
-6.95%
FNGU:
-13.38%
Returns By Period
The year-to-date returns for both stocks are quite close, with PRIM having a 3.31% return and FNGU slightly lower at 3.15%.
PRIM
3.31%
0.55%
60.83%
148.52%
31.09%
15.40%
FNGU
3.15%
3.69%
7.59%
165.01%
53.35%
N/A
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Risk-Adjusted Performance
PRIM vs. FNGU — Risk-Adjusted Performance Rank
PRIM
FNGU
PRIM vs. FNGU - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Primoris Services Corporation (PRIM) and MicroSectors FANG+™ Index 3X Leveraged ETN (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.
Dividends
PRIM vs. FNGU - Dividend Comparison
PRIM's dividend yield for the trailing twelve months is around 0.33%, while FNGU has not paid dividends to shareholders.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
PRIM Primoris Services Corporation | 0.33% | 0.34% | 0.72% | 1.09% | 1.00% | 0.87% | 1.08% | 1.25% | 1.03% | 0.97% | 0.93% | 0.65% |
FNGU MicroSectors FANG+™ Index 3X Leveraged ETN | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Drawdowns
PRIM vs. FNGU - Drawdown Comparison
The maximum PRIM drawdown since its inception was -68.44%, smaller than the maximum FNGU drawdown of -92.34%. Use the drawdown chart below to compare losses from any high point for PRIM and FNGU. For additional features, visit the drawdowns tool.
Volatility
PRIM vs. FNGU - Volatility Comparison
The current volatility for Primoris Services Corporation (PRIM) is 11.17%, while MicroSectors FANG+™ Index 3X Leveraged ETN (FNGU) has a volatility of 24.16%. This indicates that PRIM experiences smaller price fluctuations and is considered to be less risky than FNGU based on this measure. The chart below showcases a comparison of their rolling one-month volatility.