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 0.33, 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:
0.57
FNGU:
-0.04
PRIM:
1.06
FNGU:
0.59
PRIM:
1.15
FNGU:
1.08
PRIM:
0.67
FNGU:
-0.06
PRIM:
1.99
FNGU:
-0.15
PRIM:
13.80%
FNGU:
24.35%
PRIM:
48.20%
FNGU:
92.61%
PRIM:
-68.44%
FNGU:
-92.34%
PRIM:
-36.51%
FNGU:
-57.13%
Returns By Period
In the year-to-date period, PRIM achieves a -26.01% return, which is significantly higher than FNGU's -48.95% return.
PRIM
-26.01%
-12.63%
-10.56%
31.49%
32.02%
12.50%
FNGU
-48.95%
-29.09%
-34.26%
2.74%
38.45%
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 0.50%, while FNGU has not paid dividends to shareholders.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
PRIM Primoris Services Corporation | 0.50% | 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 16.58%, while MicroSectors FANG+™ Index 3X Leveraged ETN (FNGU) has a volatility of 50.90%. 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.