FNGG vs FTGS
Direxion Daily NYSE FANG+ Bull 2X ETF vs First Trust Growth Strength ETF
Quick Verdict
FTGS has a lower expense ratio. FNGG delivered stronger 1-year returns. FTGS offers more diversification with 51 holdings.
Side-by-Side Comparison
| Metric | FNGG | FTGS | Winner |
|---|---|---|---|
| Expense Ratio | 0.97% | 0.60% | |
| AUM | $143M | $1.4B | |
| Dividend Yield | 10.70% | 0.08% | |
| Holdings | 18 | 51 | |
| YTD Return | +33.46% | +13.05% | |
| 1Y Return | +30.46% | +14.54% | |
| 3Y Return (annualized) | +60.55% | +18.80% | |
| 5Y Return (annualized) | - | - | |
| Volatility (annualized) | 58.5% | 14.6% | |
| Max Drawdown | -91.3% | -20.0% | |
| Fund Family | Direxion Shares ETF Trust | First Trust Portfolios (US) | |
| Category | Alternative | Equity | |
| Inception | Sep 29, 2021 | Oct 25, 2022 |
FNGG vs FTGS Performance
Direxion Daily NYSE FANG+ Bull 2X ETF (FNGG) is a ETF from Direxion Shares ETF Trust and First Trust Growth Strength ETF (FTGS) is a ETF from First Trust Portfolios (US). Over the past year FNGG returned +30.46% while FTGS returned +14.54%. Year to date, FNGG is up 33.46% versus a gain of 13.05% for FTGS.
Over three years, FNGG compounded at +60.55% per year against +18.80% for FTGS. Across the full 4-year window we track, FTGS has the edge at +19.89% annualized vs +4.43%. Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
FNGG has been the more volatile fund, with annualized monthly volatility of 58.5% compared with 14.6% for FTGS. Lower volatility generally means a smoother ride, though it often comes with lower long-run returns.
The deepest peak-to-trough decline in our data was -91.3% for FNGG and -20.0% for FTGS. Drawdown depth is worth weighing if you expect to sell during market stress rather than ride it out.
The two funds' monthly returns correlate at 0.65. They move independently enough that combining them can meaningfully diversify a portfolio.
Fees and Cost Over Time
FNGG charges 0.97% per year while FTGS charges 0.60%. On a $10,000 position that is $97 vs $60 annually, a gap of $37 per year that compounds over a long holding period. On income, FNGG currently yields 10.70% against 0.08% for FTGS.
Holdings Overlap
FNGG and FTGS share 6 holdings out of 57 unique holdings combined, representing a 12.6% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
Frequently Asked Questions
Which is cheaper, FNGG or FTGS?
FNGG has an expense ratio of 0.97% while FTGS charges 0.60%. FTGS is the cheaper option. On a $10,000 investment, that is $37 per year of difference.
Which performed better, FNGG or FTGS?
Over the past year FNGG returned +30.46% vs +14.54% for FTGS, so FNGG leads on 1-year performance. Over the longest common window we track (4 years), FNGG annualized +4.43% vs +19.89% for FTGS. Past performance does not guarantee future results.
Which is riskier, FNGG or FTGS?
FNGG has been the more volatile fund at 58.5% annualized versus 14.6% for FTGS. Worst drawdown: FNGG -91.3% vs FTGS -20.0%.
Should I hold both FNGG and FTGS?
FNGG and FTGS have a monthly-return correlation of 0.65, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between FNGG and FTGS?
FNGG and FTGS share 6 common holdings with a 12.6% weight overlap. Combined, they hold 57 unique securities.
Which pays a higher dividend, FNGG or FTGS?
FNGG yields 10.70% while FTGS yields 0.08%, so FNGG currently pays the higher dividend yield.
Popular ETF Comparisons
Get Full ETF Analytics
Access complete holdings data, overlap analysis, screener tools, and more with FundXLS.