^DWCF vs. FNGU
Compare and contrast key facts about Dow Jones U.S. Total Stock Market Index (^DWCF) 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: ^DWCF or FNGU.
Correlation
The correlation between ^DWCF and FNGU is 0.79, 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.
Performance
^DWCF vs. FNGU - Performance Comparison
Key characteristics
^DWCF:
0.37
FNGU:
0.46
^DWCF:
0.66
FNGU:
1.23
^DWCF:
1.10
FNGU:
1.16
^DWCF:
0.38
FNGU:
0.69
^DWCF:
1.53
FNGU:
1.72
^DWCF:
4.81%
FNGU:
25.26%
^DWCF:
19.77%
FNGU:
94.04%
^DWCF:
-35.14%
FNGU:
-92.34%
^DWCF:
-11.24%
FNGU:
-45.79%
Returns By Period
In the year-to-date period, ^DWCF achieves a -7.25% return, which is significantly higher than FNGU's -35.44% return.
^DWCF
-7.25%
-4.12%
-5.78%
7.87%
13.76%
9.41%
FNGU
-35.44%
-9.99%
-16.02%
33.85%
44.98%
N/A
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Risk-Adjusted Performance
^DWCF vs. FNGU — Risk-Adjusted Performance Rank
^DWCF
FNGU
^DWCF vs. FNGU - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Dow Jones U.S. Total Stock Market Index (^DWCF) 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.
Drawdowns
^DWCF vs. FNGU - Drawdown Comparison
The maximum ^DWCF drawdown since its inception was -35.14%, smaller than the maximum FNGU drawdown of -92.34%. Use the drawdown chart below to compare losses from any high point for ^DWCF and FNGU. For additional features, visit the drawdowns tool.
Volatility
^DWCF vs. FNGU - Volatility Comparison
The current volatility for Dow Jones U.S. Total Stock Market Index (^DWCF) is 14.38%, while MicroSectors FANG+™ Index 3X Leveraged ETN (FNGU) has a volatility of 54.62%. This indicates that ^DWCF 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.