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 0.37, 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
UEC vs. FNGU - Performance Comparison
Key characteristics
UEC:
-0.60
FNGU:
-0.06
UEC:
-0.62
FNGU:
0.47
UEC:
0.93
FNGU:
1.06
UEC:
-0.80
FNGU:
-0.08
UEC:
-1.65
FNGU:
-0.21
UEC:
23.29%
FNGU:
22.01%
UEC:
64.20%
FNGU:
81.48%
UEC:
-97.40%
FNGU:
-92.34%
UEC:
-48.26%
FNGU:
-55.68%
Returns By Period
In the year-to-date period, UEC achieves a -33.48% return, which is significantly higher than FNGU's -47.22% return.
UEC
-33.48%
-15.24%
-33.18%
-42.06%
52.40%
11.51%
FNGU
-47.22%
-35.60%
-23.22%
-6.26%
56.12%
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
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 15.53%, while MicroSectors FANG+™ Index 3X Leveraged ETN (FNGU) has a volatility of 38.05%. 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.