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:
0.20
FNGU:
2.30
UEC:
0.73
FNGU:
2.51
UEC:
1.08
FNGU:
1.34
UEC:
0.25
FNGU:
2.93
UEC:
0.56
FNGU:
9.73
UEC:
21.56%
FNGU:
17.43%
UEC:
61.08%
FNGU:
73.68%
UEC:
-97.40%
FNGU:
-92.34%
UEC:
-17.67%
FNGU:
-11.51%
Returns By Period
In the year-to-date period, UEC achieves a 10.63% return, which is significantly lower than FNGU's 164.07% return.
UEC
10.63%
-15.71%
15.69%
6.95%
51.55%
15.31%
FNGU
164.07%
21.30%
43.69%
159.48%
59.63%
N/A
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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 -97.40%, 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 15.31%, while MicroSectors FANG+™ Index 3X Leveraged ETN (FNGU) has a volatility of 22.41%. 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.