WTV vs. FNGS

Last updated Jun 5, 2026

WTV (WisdomTree US Value ETF) and FNGS (MicroSectors FANG+ ETN) are both exchange-traded funds - WTV is a Large Cap Value Equities fund tracking the WisdomTree U.S. LargeCap Value Index, while FNGS is a Large Cap Growth Equities fund tracking the NYSE FANG+ Index. Both are passively managed. Over the past 5 years, WTV returned 13.36%/yr vs 21.41%/yr for FNGS. At a 0.50 correlation, their price movements are largely independent. WTV charges 0.12%/yr vs 0.58%/yr for FNGS.

Performance

WTV vs. FNGS - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in WisdomTree US Value ETF (WTV) and MicroSectors FANG+ ETN (FNGS). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, WTV achieves a 11.47% return, which is significantly lower than FNGS's 13.45% return.

WTV

• 1D: 0.86%
• 1M: 4.50%
• YTD: 11.47%
• 6M: 12.37%
• 1Y: 25.21%
• 3Y*: 22.93%
• 5Y*: 13.36%
• 10Y*: —

FNGS

• 1D: -2.42%
• 1M: 7.85%
• YTD: 13.45%
• 6M: 8.38%
• 1Y: 26.37%
• 3Y*: 33.92%
• 5Y*: 21.41%
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

WTV vs. FNGS - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019
WTV WisdomTree US Value ETF	11.47%	13.51%	23.99%	22.35%	-8.06%	30.59%	6.15%	3.31%
FNGS MicroSectors FANG+ ETN	13.45%	18.64%	51.99%	95.24%	-40.32%	16.96%	101.99%	10.91%

Correlation

The correlation between WTV and FNGS is 0.26, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.26
Correlation (3Y) Calculated over the trailing 3-year period	0.38
Correlation (5Y) Calculated over the trailing 5-year period	0.51
Correlation (All Time) Calculated using the full available price history since Nov 14, 2019	0.50

Over the past year, the correlation between WTV and FNGS has dropped to 0.26 - well below their long-term average of 0.50, suggesting their price drivers have been diverging.

WTV vs. FNGS - Sectors Allocation Comparison

Sectors	WTV	FNGS
Financial Services	19.5%	10.0%
Technology	15.3%	59.9%
Consumer Cyclical	10.7%	11.3%
Consumer Defensive	10.7%	-
Industrials	10.5%	-
Healthcare	7.3%	-
Communication Services	6.9%	28.8%
Energy	6.8%	-
Real Estate	5.3%	-
Utilities	4.8%	-
Basic Materials	2.2%	-

Return for Risk

WTV vs. FNGS — Risk / Return Rank

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

WTV

WTV Risk / Return Rank: 67
WTV Sharpe Ratio Rank: 66
WTV Sortino Ratio Rank: 70
WTV Omega Ratio Rank: 64
WTV Calmar Ratio Rank: 72
WTV Martin Ratio Rank: 64

FNGS

FNGS Risk / Return Rank: 32
FNGS Sharpe Ratio Rank: 37
FNGS Sortino Ratio Rank: 36
FNGS Omega Ratio Rank: 35
FNGS Calmar Ratio Rank: 25
FNGS Martin Ratio Rank: 25

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

WTV vs. FNGS - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for WisdomTree US Value ETF (WTV) and MicroSectors FANG+ ETN (FNGS). 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.

	WTV	FNGS	Difference
Sharpe ratio: Return per unit of total volatility	2.15	1.28	+0.86
Sortino ratio: Return per unit of downside risk	3.14	1.81	+1.32
Omega ratio: Gain probability vs. loss probability	1.38	1.23	+0.15
Calmar ratio: Return relative to maximum drawdown	3.54	1.16	+2.39
Martin ratio: Return relative to average drawdown	11.55	3.33	+8.21
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

WTV vs. FNGS - Sharpe Ratio Comparison

The current WTV Sharpe Ratio is 2.15, which is higher than the FNGS Sharpe Ratio of 1.28. The chart below compares the historical Sharpe Ratios of WTV and FNGS, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	WTV	FNGS	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.15	1.28	+0.86
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.79	0.72	+0.07
Sharpe Ratio (All Time) Calculated using the full available price history	0.68	1.04	-0.36

Drawdowns

WTV vs. FNGS - Drawdown Comparison

The maximum WTV drawdown since its inception was -42.18%, smaller than the maximum FNGS drawdown of -48.98%. Use the drawdown chart below to compare losses from any high point for WTV and FNGS.

Drawdown Indicators

	WTV	FNGS	Difference
Max Drawdown Largest peak-to-trough decline	-42.18%	-48.98%	+6.80%
Max Drawdown (1Y) Largest decline over 1 year	-7.15%	-22.93%	+15.78%
Max Drawdown (3Y) Largest decline over 3 years	-18.49%	-26.77%	+8.28%
Max Drawdown (5Y) Largest decline over 5 years	-19.30%	-48.98%	+29.68%
Current Drawdown Current decline from peak	-0.11%	-3.99%	+3.88%
Average Drawdown Average peak-to-trough decline	-5.05%	-10.86%	+5.81%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.19%	7.93%	-5.74%

Volatility

WTV vs. FNGS - Volatility Comparison

The current volatility for WisdomTree US Value ETF (WTV) is 3.01%, while MicroSectors FANG+ ETN (FNGS) has a volatility of 6.36%. This indicates that WTV experiences smaller price fluctuations and is considered to be less risky than FNGS based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	WTV	FNGS	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.01%	6.36%	-3.35%
Volatility (6M) Calculated over the trailing 6-month period	7.92%	15.88%	-7.96%
Volatility (1Y) Calculated over the trailing 1-year period	11.82%	20.64%	-8.82%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	17.09%	29.97%	-12.88%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	20.20%	31.13%	-10.93%

WTV vs. FNGS - Expense Ratio Comparison

WTV has a 0.12% expense ratio, which is lower than FNGS's 0.58% expense ratio.

Dividends

WTV vs. FNGS - Dividend Comparison

WTV's dividend yield for the trailing twelve months is around 1.64%, while FNGS has not paid dividends to shareholders.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017
FNGS MicroSectors FANG+ ETN	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
WTV WisdomTree US Value ETF	1.64%	1.59%	1.54%	1.62%	2.08%	1.55%	1.63%	1.44%	1.94%	0.41%

Frequently Asked Questions

Can I hold both WTV and FNGS in my portfolio?

WTV and FNGS have a correlation of 0.26, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, WTV or FNGS?

FNGS has higher volatility (6.36%) compared to WTV (3.01%). In terms of maximum drawdown, WTV dropped -42.18% vs FNGS's -48.98%.

Which ETF is better, WTV or FNGS?

On 5-year performance, FNGS leads with 21.41% vs 13.36% for WTV. On fees, WTV is cheaper at 0.12% per year. On volatility, WTV has been the lower-risk option at 3.01%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, WTV or FNGS?

Over the 5-year period, FNGS has performed better with a 21.41% return vs 13.36%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, WTV or FNGS?

WTV is cheaper with a 0.12% expense ratio, compared with 0.58% for FNGS.

Which ETF pays a higher dividend yield, WTV or FNGS?

WTV has the higher dividend yield at 1.64%, compared with 0.00% for FNGS.

What is the main difference between WTV and FNGS?

WTV is categorized as Large Cap Value Equities, while FNGS is Large Cap Growth Equities. WTV tracks WisdomTree U.S. LargeCap Value Index, while FNGS tracks NYSE FANG+ Index. They also come from different issuers: WisdomTree and BMO. Their fees differ too: 0.12% for WTV and 0.58% for FNGS.

Which has better risk-adjusted returns?

WTV currently has the higher Sharpe Ratio (2.15 vs 1.28), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.