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 0.34, 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
TNET vs. FNGS - Performance Comparison
Key characteristics
TNET:
-1.08
FNGS:
0.12
TNET:
-1.48
FNGS:
0.34
TNET:
0.78
FNGS:
1.04
TNET:
-0.89
FNGS:
0.13
TNET:
-1.57
FNGS:
0.45
TNET:
28.19%
FNGS:
7.73%
TNET:
40.91%
FNGS:
28.78%
TNET:
-67.58%
FNGS:
-48.98%
TNET:
-44.17%
FNGS:
-26.77%
Returns By Period
In the year-to-date period, TNET achieves a -18.26% return, which is significantly higher than FNGS's -21.71% return.
TNET
-18.26%
-1.17%
-24.45%
-41.67%
17.33%
7.66%
FNGS
-21.71%
-17.87%
-10.05%
5.10%
29.33%
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 1.39%, while FNGS has not paid dividends to shareholders.
| TTM | 2024 | |
|---|---|---|
TNET TriNet Group, Inc. | 1.39% | 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 10.41%, while MicroSectors FANG+ ETN (FNGS) has a volatility of 12.80%. 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.