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.
Key characteristics
| UEC | FNGU | |
|---|---|---|
| YTD Return | 6.88% | 23.52% |
| 1Y Return | 188.61% | 204.09% |
| 3Y Return (Ann) | 33.16% | -3.60% |
| 5Y Return (Ann) | 36.29% | 40.89% |
| Sharpe Ratio | 3.41 | 2.81 |
| Daily Std Dev | 51.88% | 70.04% |
| Max Drawdown | -97.95% | -92.34% |
| Current Drawdown | -26.05% | -40.97% |
Correlation
The correlation between UEC and FNGU 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
UEC vs. FNGU - Performance Comparison
In the year-to-date period, UEC achieves a 6.88% return, which is significantly lower than FNGU's 23.52% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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Risk-Adjusted Performance
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 -97.95%, 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 14.90%, while MicroSectors FANG+™ Index 3X Leveraged ETN (FNGU) has a volatility of 23.30%. 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.