USD vs. FNGO
Compare and contrast key facts about ProShares Ultra Semiconductors (USD) and MicroSectors FANG+ Index 2X Leveraged ETN (FNGO).
USD and FNGO are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. USD is a passively managed fund by ProShares that tracks the performance of the Dow Jones U.S. Semiconductors Index (200%). It was launched on Jan 30, 2007. FNGO is a passively managed fund by Bank of Montreal that tracks the performance of the NYSE FANG+ Index (+200%). It was launched on Aug 1, 2018. Both USD and FNGO are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: USD or FNGO.
Performance
USD vs. FNGO - Performance Comparison
Returns By Period
In the year-to-date period, USD achieves a 136.53% return, which is significantly higher than FNGO's 74.92% return.
USD
136.53%
-5.24%
23.45%
174.77%
57.58%
45.79%
FNGO
74.92%
5.58%
27.21%
95.51%
54.79%
N/A
Key characteristics
| USD | FNGO | |
|---|---|---|
| Sharpe Ratio | 2.22 | 2.03 |
| Sortino Ratio | 2.51 | 2.43 |
| Omega Ratio | 1.33 | 1.33 |
| Calmar Ratio | 3.69 | 2.89 |
| Martin Ratio | 9.72 | 8.54 |
| Ulcer Index | 18.16% | 11.36% |
| Daily Std Dev | 79.69% | 47.86% |
| Max Drawdown | -87.93% | -78.39% |
| Current Drawdown | -21.79% | -5.83% |
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USD vs. FNGO - Expense Ratio Comparison
Both USD and FNGO have an expense ratio of 0.95%.
Correlation
The correlation between USD and FNGO is 0.78, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Risk-Adjusted Performance
USD vs. FNGO - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for ProShares Ultra Semiconductors (USD) and MicroSectors FANG+ Index 2X Leveraged ETN (FNGO). 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
USD vs. FNGO - Dividend Comparison
USD's dividend yield for the trailing twelve months is around 0.04%, while FNGO has not paid dividends to shareholders.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
USD ProShares Ultra Semiconductors | 0.04% | 0.10% | 0.59% | 0.00% | 0.28% | 1.23% | 1.66% | 0.48% | 7.33% | 0.79% | 2.82% | 0.93% |
FNGO MicroSectors FANG+ Index 2X Leveraged ETN | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Drawdowns
USD vs. FNGO - Drawdown Comparison
The maximum USD drawdown since its inception was -87.93%, which is greater than FNGO's maximum drawdown of -78.39%. Use the drawdown chart below to compare losses from any high point for USD and FNGO. For additional features, visit the drawdowns tool.
Volatility
USD vs. FNGO - Volatility Comparison
ProShares Ultra Semiconductors (USD) has a higher volatility of 18.84% compared to MicroSectors FANG+ Index 2X Leveraged ETN (FNGO) at 13.22%. This indicates that USD's price experiences larger fluctuations and is considered to be riskier than FNGO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.