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UVIX vs. FNGU
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between UVIX and FNGU is 0.84, 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.


-0.50.00.51.0
Correlation: 0.8

Performance

UVIX vs. FNGU - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Volatility Shares 2x Long VIX Futures ETF (UVIX) and MicroSectors FANG+™ Index 3X Leveraged ETN (FNGU). The values are adjusted to include any dividend payments, if applicable.

-100.00%-50.00%0.00%50.00%100.00%150.00%200.00%December2025FebruaryMarchAprilMay
-99.48%
70.28%
UVIX
FNGU

Key characteristics

Sharpe Ratio

UVIX:

-0.30

FNGU:

0.36

Sortino Ratio

UVIX:

0.78

FNGU:

1.12

Omega Ratio

UVIX:

1.10

FNGU:

1.15

Calmar Ratio

UVIX:

-0.56

FNGU:

0.54

Martin Ratio

UVIX:

-0.81

FNGU:

1.31

Ulcer Index

UVIX:

69.25%

FNGU:

25.95%

Daily Std Dev

UVIX:

190.57%

FNGU:

93.72%

Max Drawdown

UVIX:

-99.80%

FNGU:

-92.34%

Current Drawdown

UVIX:

-99.70%

FNGU:

-39.36%

Returns By Period

In the year-to-date period, UVIX achieves a 17.18% return, which is significantly higher than FNGU's -27.78% return.


UVIX

YTD

17.18%

1M

12.80%

6M

-32.70%

1Y

-53.51%

5Y*

N/A

10Y*

N/A

FNGU

YTD

-27.78%

1M

10.01%

6M

-3.63%

1Y

40.51%

5Y*

49.74%

10Y*

N/A

*Annualized

Compare stocks, funds, or ETFs

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UVIX vs. FNGU - Expense Ratio Comparison

UVIX has a 2.78% expense ratio, which is higher than FNGU's 0.95% expense ratio.


Expense ratio chart for UVIX: current value is 2.78%, compared with the broader market range of 0.00% to 2.12%.0.50%1.00%1.50%2.00%
UVIX: 2.78%
Expense ratio chart for FNGU: current value is 0.95%, compared with the broader market range of 0.00% to 2.12%.0.50%1.00%1.50%2.00%
FNGU: 0.95%

Risk-Adjusted Performance

UVIX vs. FNGU — Risk-Adjusted Performance Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

UVIX
The Risk-Adjusted Performance Rank of UVIX is 2323
Overall Rank
The Sharpe Ratio Rank of UVIX is 99
Sharpe Ratio Rank
The Sortino Ratio Rank of UVIX is 5252
Sortino Ratio Rank
The Omega Ratio Rank of UVIX is 4747
Omega Ratio Rank
The Calmar Ratio Rank of UVIX is 11
Calmar Ratio Rank
The Martin Ratio Rank of UVIX is 77
Martin Ratio Rank

FNGU
The Risk-Adjusted Performance Rank of FNGU is 5858
Overall Rank
The Sharpe Ratio Rank of FNGU is 4444
Sharpe Ratio Rank
The Sortino Ratio Rank of FNGU is 7070
Sortino Ratio Rank
The Omega Ratio Rank of FNGU is 6767
Omega Ratio Rank
The Calmar Ratio Rank of FNGU is 6262
Calmar Ratio Rank
The Martin Ratio Rank of FNGU is 4646
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

UVIX vs. FNGU - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Volatility Shares 2x Long VIX Futures ETF (UVIX) 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.


The chart of Sharpe ratio for UVIX, currently valued at -0.30, compared to the broader market-1.000.001.002.003.004.00
UVIX: -0.30
FNGU: 0.47
The chart of Sortino ratio for UVIX, currently valued at 0.78, compared to the broader market-2.000.002.004.006.008.00
UVIX: 0.78
FNGU: 1.24
The chart of Omega ratio for UVIX, currently valued at 1.10, compared to the broader market0.501.001.502.002.50
UVIX: 1.10
FNGU: 1.17
The chart of Calmar ratio for UVIX, currently valued at -0.56, compared to the broader market0.002.004.006.008.0010.0012.00
UVIX: -0.56
FNGU: 0.70
The chart of Martin ratio for UVIX, currently valued at -0.81, compared to the broader market0.0020.0040.0060.00
UVIX: -0.81
FNGU: 1.69

The current UVIX Sharpe Ratio is -0.30, which is lower than the FNGU Sharpe Ratio of 0.36. The chart below compares the historical Sharpe Ratios of UVIX and FNGU, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


Rolling 12-month Sharpe Ratio-1.000.001.002.003.00December2025FebruaryMarchAprilMay
-0.30
0.47
UVIX
FNGU

Dividends

UVIX vs. FNGU - Dividend Comparison

Neither UVIX nor FNGU has paid dividends to shareholders.


Tickers have no history of dividend payments

Drawdowns

UVIX vs. FNGU - Drawdown Comparison

The maximum UVIX drawdown since its inception was -99.80%, which is greater than FNGU's maximum drawdown of -92.34%. Use the drawdown chart below to compare losses from any high point for UVIX and FNGU. For additional features, visit the drawdowns tool.


-100.00%-80.00%-60.00%-40.00%-20.00%0.00%December2025FebruaryMarchAprilMay
-99.70%
-39.36%
UVIX
FNGU

Volatility

UVIX vs. FNGU - Volatility Comparison

Volatility Shares 2x Long VIX Futures ETF (UVIX) has a higher volatility of 97.36% compared to MicroSectors FANG+™ Index 3X Leveraged ETN (FNGU) at 53.17%. This indicates that UVIX's price experiences larger fluctuations and is considered to be riskier than FNGU based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


20.00%40.00%60.00%80.00%100.00%December2025FebruaryMarchAprilMay
97.36%
53.17%
UVIX
FNGU