TNET vs. FNGS
Compare and contrast key facts about TriNet Group, Inc. (TNET) and MicroSectors FANG+ ETN (FNGS).
FNGS is a passively managed fund by BMO Financial Group that tracks the performance of the NYSE FANG+ Index. It was launched on Nov 12, 2019.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: TNET or FNGS.
Correlation
The correlation between TNET and FNGS is 0.54, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Performance
TNET vs. FNGS - Performance Comparison
Key characteristics
TNET:
-0.96
FNGS:
0.93
TNET:
-1.25
FNGS:
1.42
TNET:
0.81
FNGS:
1.19
TNET:
-0.80
FNGS:
1.12
TNET:
-1.42
FNGS:
3.36
TNET:
27.93%
FNGS:
8.94%
TNET:
41.63%
FNGS:
32.25%
TNET:
-67.58%
FNGS:
-48.98%
TNET:
-41.47%
FNGS:
-12.20%
Returns By Period
In the year-to-date period, TNET achieves a -14.32% return, which is significantly lower than FNGS's -6.12% return.
TNET
-14.32%
-1.95%
-3.16%
-38.34%
12.68%
8.28%
FNGS
-6.12%
2.71%
5.42%
29.42%
28.76%
N/A
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Risk-Adjusted Performance
TNET vs. FNGS — Risk-Adjusted Performance Rank
TNET
FNGS
TNET vs. FNGS - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for TriNet Group, Inc. (TNET) and MicroSectors FANG+ ETN (FNGS). 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
TNET vs. FNGS - Dividend Comparison
TNET's dividend yield for the trailing twelve months is around 1.33%, while FNGS has not paid dividends to shareholders.
| TTM | 2024 | |
|---|---|---|
TNET TriNet Group, Inc. | 1.33% | 0.83% |
FNGS MicroSectors FANG+ ETN | 0.00% | 0.00% |
Drawdowns
TNET vs. FNGS - Drawdown Comparison
The maximum TNET drawdown since its inception was -67.58%, which is greater than FNGS's maximum drawdown of -48.98%. Use the drawdown chart below to compare losses from any high point for TNET and FNGS. For additional features, visit the drawdowns tool.
Volatility
TNET vs. FNGS - Volatility Comparison
The current volatility for TriNet Group, Inc. (TNET) is 11.39%, while MicroSectors FANG+ ETN (FNGS) has a volatility of 18.65%. This indicates that TNET experiences smaller price fluctuations and is considered to be less risky than FNGS based on this measure. The chart below showcases a comparison of their rolling one-month volatility.