SPYU.DE vs. FNGU
SPYU.DE (SPDR MSCI Europe Utilities UCITS ETF) and FNGU (MicroSectors FANG+ 3X Leveraged ETNs) are both exchange-traded funds - SPYU.DE is a Utilities Equities fund tracking the MSCI Europe Utilities 20/35 Capped, while FNGU is a Leveraged Equities fund tracking the NYSE FANG+ Index (Gross Total Return) (300%). Both are passively managed. Over the past year, SPYU.DE returned 29.73% vs 7.50% for FNGU. At a correlation of -0.10, they often move in opposite directions. SPYU.DE charges 0.18%/yr vs 2.60%/yr for FNGU.
Performance
SPYU.DE vs. FNGU - Performance Comparison
Loading charts...
Different Trading Currencies
SPYU.DE is traded in EUR, while FNGU is traded in USD. To make them comparable, the FNGU values have been converted to EUR using the latest available exchange rates.
Returns By Period
In the year-to-date period, SPYU.DE achieves a 17.45% return, which is significantly higher than FNGU's -2.26% return.
SPYU.DE
- 1D
- 1.76%
- 1M
- 0.96%
- YTD
- 17.45%
- 6M
- 18.51%
- 1Y
- 29.73%
- 3Y*
- 18.17%
- 5Y*
- 12.74%
- 10Y*
- 11.94%
FNGU
- 1D
- -2.20%
- 1M
- -21.40%
- YTD
- -2.26%
- 6M
- -7.10%
- 1Y
- 7.50%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
SPYU.DE vs. FNGU - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
SPYU.DE SPDR MSCI Europe Utilities UCITS ETF | 17.45% | 32.73% |
FNGU MicroSectors FANG+ 3X Leveraged ETNs | -2.26% | -7.91% |
Correlation
The correlation between SPYU.DE and FNGU is -0.02, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | -0.02 |
Correlation (All Time) Calculated using the full available price history since Feb 20, 2025 | -0.10 |
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
SPYU.DE vs. FNGU — Risk / Return Rank
SPYU.DE
FNGU
SPYU.DE vs. FNGU - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for SPDR MSCI Europe Utilities UCITS ETF (SPYU.DE) 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.
| SPYU.DE | FNGU | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.86 | ||
| Sortino ratioReturn per unit of downside risk | +1.98 | ||
| Omega ratioGain probability vs. loss probability | 1.36 | 1.07 | +0.28 |
| Calmar ratioReturn relative to maximum drawdown | 3.99 | 0.13 | +3.86 |
| Martin ratioReturn relative to average drawdown | 10.69 | 0.29 | +10.40 |
Loading charts...
Drawdowns
SPYU.DE vs. FNGU - Drawdown Comparison
The maximum SPYU.DE drawdown since its inception was -32.98%, smaller than the maximum FNGU drawdown of -62.90%. Use the drawdown chart below to compare losses from any high point for SPYU.DE and FNGU.
Loading charts...
Drawdown Indicators
| SPYU.DE | FNGU | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -32.98% | -62.90% | +29.92% |
Max Drawdown (1Y)Largest decline over 1 year | -7.43% | -59.05% | +51.62% |
Max Drawdown (3Y)Largest decline over 3 years | -13.44% | — | — |
Max Drawdown (5Y)Largest decline over 5 years | -22.28% | — | — |
Max Drawdown (10Y)Largest decline over 10 years | -32.98% | — | — |
Current DrawdownCurrent decline from peak | -1.55% | -32.35% | +30.80% |
Average DrawdownAverage peak-to-trough decline | -7.00% | -24.28% | +17.28% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.77% | 25.60% | -22.83% |
Volatility
SPYU.DE vs. FNGU - Volatility Comparison
The current volatility for SPDR MSCI Europe Utilities UCITS ETF (SPYU.DE) is 3.15%, while MicroSectors FANG+ 3X Leveraged ETNs (FNGU) has a volatility of 31.25%. This indicates that SPYU.DE 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.
Loading charts...
Volatility by Period
| SPYU.DE | FNGU | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.15% | 31.25% | -28.10% |
Volatility (6M)Calculated over the trailing 6-month period | 13.08% | 51.18% | -38.10% |
Volatility (1Y)Calculated over the trailing 1-year period | 15.03% | 63.60% | -48.57% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 16.00% | 81.47% | -65.47% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 16.94% | 81.47% | -64.53% |
SPYU.DE vs. FNGU - Expense Ratio Comparison
SPYU.DE has a 0.18% expense ratio, which is lower than FNGU's 2.60% expense ratio.
Dividends
SPYU.DE vs. FNGU - Dividend Comparison
Neither SPYU.DE nor FNGU has paid dividends to shareholders.
Frequently Asked Questions
SPYU.DE and FNGU have a correlation of -0.02, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, SPYU.DE is cheaper at 0.18% per year. The better choice depends on whether you care most about return, fees, risk, or income.
SPYU.DE is cheaper with a 0.18% expense ratio, compared with 2.60% for FNGU.
SPYU.DE is categorized as Utilities Equities, while FNGU is Leveraged Equities. SPYU.DE tracks MSCI Europe Utilities 20/35 Capped, while FNGU tracks NYSE FANG+ Index (Gross Total Return) (300%). They also come from different issuers: State Street and Bank of Montreal. Their fees differ too: 0.18% for SPYU.DE and 2.60% for FNGU.
Find the right allocation for SPYU.DE 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