^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:
1.77
FNGU:
1.99
^DWCF:
2.38
FNGU:
2.33
^DWCF:
1.33
FNGU:
1.31
^DWCF:
2.67
FNGU:
2.53
^DWCF:
11.34
FNGU:
8.43
^DWCF:
2.03%
FNGU:
17.39%
^DWCF:
12.99%
FNGU:
73.78%
^DWCF:
-35.14%
FNGU:
-92.34%
^DWCF:
-4.10%
FNGU:
-16.47%
Returns By Period
In the year-to-date period, ^DWCF achieves a 22.08% return, which is significantly lower than FNGU's 149.29% return.
^DWCF
22.08%
-0.53%
7.86%
22.15%
12.16%
10.53%
FNGU
149.29%
19.57%
28.47%
142.71%
57.91%
N/A
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Risk-Adjusted Performance
^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 3.92%, while MicroSectors FANG+™ Index 3X Leveraged ETN (FNGU) has a volatility of 22.78%. 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.