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 0.36, 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:
-0.68
FNGS:
2.17
TNET:
-0.76
FNGS:
2.72
TNET:
0.88
FNGS:
1.36
TNET:
-0.62
FNGS:
3.11
TNET:
-1.13
FNGS:
10.08
TNET:
21.72%
FNGS:
5.50%
TNET:
36.23%
FNGS:
25.57%
TNET:
-67.58%
FNGS:
-48.98%
TNET:
-32.23%
FNGS:
-3.96%
Returns By Period
In the year-to-date period, TNET achieves a -23.74% return, which is significantly lower than FNGS's 54.21% return.
TNET
-23.74%
-2.44%
-12.41%
-23.62%
9.85%
11.14%
FNGS
54.21%
8.42%
20.62%
53.48%
33.69%
N/A
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Risk-Adjusted Performance
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 0.83%, while FNGS has not paid dividends to shareholders.
| TTM | |
|---|---|
TNET TriNet Group, Inc. | 0.83% |
FNGS MicroSectors FANG+ ETN | 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 6.75%, while MicroSectors FANG+ ETN (FNGS) has a volatility of 7.88%. 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.