UXI vs. FNGO
Compare and contrast key facts about ProShares Ultra Industrials (UXI) and MicroSectors FANG+ Index 2X Leveraged ETN (FNGO).
UXI and FNGO are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. UXI is a passively managed fund by ProShares that tracks the performance of the Dow Jones U.S. Industrials 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 UXI 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.
Performance
UXI vs. FNGO - Performance Comparison
Loading graphics...
UXI vs. FNGO - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | |
|---|---|---|---|---|---|---|---|---|---|
UXI ProShares Ultra Industrials | 6.54% | 28.84% | 26.48% | 27.34% | -32.90% | 34.64% | 16.37% | 67.44% | -29.02% |
FNGO MicroSectors FANG+ Index 2X Leveraged ETN | -25.13% | 25.49% | 101.65% | 240.10% | -71.55% | 28.38% | 238.00% | 79.61% | -40.52% |
Returns By Period
In the year-to-date period, UXI achieves a 6.54% return, which is significantly higher than FNGO's -25.13% return.
UXI
- 1D
- 6.35%
- 1M
- -16.89%
- YTD
- 6.54%
- 6M
- 6.52%
- 1Y
- 41.43%
- 3Y*
- 28.34%
- 5Y*
- 10.80%
- 10Y*
- 18.08%
FNGO
- 1D
- 8.94%
- 1M
- -9.02%
- YTD
- -25.13%
- 6M
- -30.39%
- 1Y
- 27.85%
- 3Y*
- 51.07%
- 5Y*
- 17.48%
- 10Y*
- —
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
UXI vs. FNGO - Expense Ratio Comparison
Both UXI and FNGO have an expense ratio of 0.95%.
Return for Risk
UXI vs. FNGO — Risk / Return Rank
UXI
FNGO
UXI vs. FNGO - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for ProShares Ultra Industrials (UXI) 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.
| UXI | FNGO | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 1.06 | 0.51 | +0.55 |
Sortino ratioReturn per unit of downside risk | 1.60 | 1.14 | +0.46 |
Omega ratioGain probability vs. loss probability | 1.23 | 1.15 | +0.08 |
Calmar ratioReturn relative to maximum drawdown | 1.76 | 0.62 | +1.14 |
Martin ratioReturn relative to average drawdown | 6.59 | 1.78 | +4.81 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading graphics...
Sharpe Ratios by Period
| UXI | FNGO | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.06 | 0.51 | +0.55 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.31 | 0.29 | +0.01 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.46 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.27 | 0.52 | -0.25 |
Correlation
The correlation between UXI and FNGO is 0.55, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Dividends
UXI vs. FNGO - Dividend Comparison
UXI's dividend yield for the trailing twelve months is around 0.77%, while FNGO has not paid dividends to shareholders.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
UXI ProShares Ultra Industrials | 0.77% | 0.90% | 0.18% | 0.21% | 0.24% | 0.03% | 0.29% | 0.58% | 0.37% | 0.24% | 0.38% | 0.41% |
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
UXI vs. FNGO - Drawdown Comparison
The maximum UXI drawdown since its inception was -89.01%, which is greater than FNGO's maximum drawdown of -78.39%. Use the drawdown chart below to compare losses from any high point for UXI and FNGO.
Loading graphics...
Drawdown Indicators
| UXI | FNGO | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -89.01% | -78.39% | -10.62% |
Max Drawdown (1Y)Largest decline over 1 year | -24.52% | -42.73% | +18.21% |
Max Drawdown (5Y)Largest decline over 5 years | -48.25% | -78.39% | +30.14% |
Max Drawdown (10Y)Largest decline over 10 years | -66.48% | — | — |
Current DrawdownCurrent decline from peak | -18.74% | -37.61% | +18.87% |
Average DrawdownAverage peak-to-trough decline | -22.74% | -24.16% | +1.42% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 6.56% | 15.00% | -8.44% |
Volatility
UXI vs. FNGO - Volatility Comparison
The current volatility for ProShares Ultra Industrials (UXI) is 13.07%, while MicroSectors FANG+ Index 2X Leveraged ETN (FNGO) has a volatility of 15.84%. This indicates that UXI experiences smaller price fluctuations and is considered to be less risky than FNGO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading graphics...
Volatility by Period
| UXI | FNGO | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 13.07% | 15.84% | -2.77% |
Volatility (6M)Calculated over the trailing 6-month period | 23.39% | 30.38% | -6.99% |
Volatility (1Y)Calculated over the trailing 1-year period | 39.30% | 54.54% | -15.24% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 35.50% | 60.28% | -24.78% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 39.21% | 61.91% | -22.70% |