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:
-0.17
FNGU:
2.06
UEC:
0.19
FNGU:
2.38
UEC:
1.02
FNGU:
1.31
UEC:
-0.21
FNGU:
2.88
UEC:
-0.46
FNGU:
8.71
UEC:
21.94%
FNGU:
17.66%
UEC:
61.41%
FNGU:
74.62%
UEC:
-97.40%
FNGU:
-92.34%
UEC:
-18.84%
FNGU:
-14.57%
Returns By Period
In the year-to-date period, UEC achieves a 4.33% return, which is significantly higher than FNGU's 1.74% return.
UEC
4.33%
-9.23%
11.15%
-12.75%
51.91%
19.30%
FNGU
1.74%
-14.57%
31.51%
156.73%
51.15%
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 18.07%, while MicroSectors FANG+™ Index 3X Leveraged ETN (FNGU) has a volatility of 25.22%. 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.