UEC vs. FNGU
Compare and contrast key facts about Uranium Energy Corp. (UEC) and MicroSectors FANG+™ Index 3X Leveraged ETN (FNGU).
FNGU is a passively managed fund by Bank of Montreal that tracks the performance of the NYSE FANG (TR) (300%). It was launched on Jan 22, 2018.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: UEC or FNGU.
Correlation
The correlation between UEC and FNGU is 0.42, 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
UEC vs. FNGU - Performance Comparison
Key characteristics
UEC:
-0.33
FNGU:
0.44
UEC:
-0.07
FNGU:
1.21
UEC:
0.99
FNGU:
1.16
UEC:
-0.41
FNGU:
0.66
UEC:
-0.87
FNGU:
1.64
UEC:
25.13%
FNGU:
25.41%
UEC:
66.01%
FNGU:
94.16%
UEC:
-97.40%
FNGU:
-92.34%
UEC:
-38.72%
FNGU:
-42.88%
Returns By Period
In the year-to-date period, UEC achieves a -21.23% return, which is significantly higher than FNGU's -31.98% return.
UEC
-21.23%
3.13%
-31.82%
-23.73%
36.94%
7.43%
FNGU
-31.98%
-2.23%
-11.52%
29.92%
45.30%
N/A
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Risk-Adjusted Performance
UEC vs. FNGU — Risk-Adjusted Performance Rank
UEC
FNGU
UEC vs. FNGU - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Uranium Energy Corp. (UEC) and MicroSectors FANG+™ Index 3X Leveraged ETN (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.
Dividends
UEC vs. FNGU - Dividend Comparison
Neither UEC nor FNGU has paid dividends to shareholders.
Drawdowns
UEC vs. FNGU - Drawdown Comparison
The maximum UEC drawdown since its inception was -97.40%, which is greater than FNGU's maximum drawdown of -92.34%. Use the drawdown chart below to compare losses from any high point for UEC and FNGU. For additional features, visit the drawdowns tool.
Volatility
UEC vs. FNGU - Volatility Comparison
The current volatility for Uranium Energy Corp. (UEC) is 20.49%, while MicroSectors FANG+™ Index 3X Leveraged ETN (FNGU) has a volatility of 54.23%. This indicates that UEC 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.