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 0.35, 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:
-0.88
FNGS:
1.67
TNET:
-1.10
FNGS:
2.19
TNET:
0.83
FNGS:
1.29
TNET:
-0.78
FNGS:
2.41
TNET:
-1.43
FNGS:
7.63
TNET:
24.88%
FNGS:
5.63%
TNET:
39.40%
FNGS:
25.77%
TNET:
-67.58%
FNGS:
-48.98%
TNET:
-45.56%
FNGS:
-0.59%
Returns By Period
In the year-to-date period, TNET achieves a -20.30% return, which is significantly lower than FNGS's 6.29% return.
TNET
-20.30%
-20.17%
-24.20%
-42.72%
3.44%
7.16%
FNGS
6.29%
5.18%
23.07%
43.70%
29.23%
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
TriNet Group, Inc. (TNET) has a higher volatility of 19.95% compared to MicroSectors FANG+ ETN (FNGS) at 6.99%. This indicates that TNET's price experiences larger fluctuations and is considered to be riskier than FNGS based on this measure. The chart below showcases a comparison of their rolling one-month volatility.