FNGG vs FTKI
Direxion Daily NYSE FANG+ Bull 2X ETF vs First Trust Small Cap BuyWrite Income ETF
Quick Verdict
FTKI has a lower expense ratio. FNGG delivered stronger 1-year returns. FTKI offers more diversification with 150 holdings.
Side-by-Side Comparison
| Metric | FNGG | FTKI | Winner |
|---|---|---|---|
| Expense Ratio | 0.97% | 0.86% | |
| AUM | $143M | $26M | |
| Dividend Yield | 10.70% | 12.39% | |
| Holdings | 18 | 150 | |
| YTD Return | +28.33% | +13.41% | |
| 1Y Return | +32.83% | +19.70% | |
| 3Y Return (annualized) | +59.45% | - | |
| 5Y Return (annualized) | +3.58% | - | |
| Volatility (annualized) | 58.3% | 10.3% | |
| Max Drawdown | -91.3% | -15.2% | |
| Fund Family | Direxion Shares ETF Trust | First Trust Portfolios (US) | |
| Category | Alternative | Equity | |
| Inception | Sep 29, 2021 | Feb 26, 2025 |
FNGG vs FTKI Performance
Direxion Daily NYSE FANG+ Bull 2X ETF (FNGG) is a ETF from Direxion Shares ETF Trust and First Trust Small Cap BuyWrite Income ETF (FTKI) is a ETF from First Trust Portfolios (US). Over the past year FNGG returned +32.83% while FTKI returned +19.70%. Year to date, FNGG is up 28.33% versus a gain of 13.41% for FTKI.
Risk: Volatility and Drawdowns
FNGG has been the more volatile fund, with annualized monthly volatility of 58.3% compared with 10.3% for FTKI. 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 -15.2% for FTKI. 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 0.04. They move independently enough that combining them can meaningfully diversify a portfolio.
Fees and Cost Over Time
FNGG charges 0.97% per year while FTKI charges 0.86%. On a $10,000 position that is $97 vs $86 annually, a gap of $11 per year that compounds over a long holding period. On income, FNGG currently yields 10.70% against 12.39% for FTKI.
Holdings Overlap
FNGG and FTKI share 0 holdings out of 157 unique holdings combined, representing a 0.0% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
Frequently Asked Questions
Which is cheaper, FNGG or FTKI?
FNGG has an expense ratio of 0.97% while FTKI charges 0.86%. FTKI is the cheaper option. On a $10,000 investment, that is $11 per year of difference.
Which performed better, FNGG or FTKI?
Over the past year FNGG returned +32.83% vs +19.70% for FTKI, so FNGG leads on 1-year performance. Over the longest common window we track (2 years), FNGG annualized +3.58% vs +12.64% for FTKI. Past performance does not guarantee future results.
Which is riskier, FNGG or FTKI?
FNGG has been the more volatile fund at 58.3% annualized versus 10.3% for FTKI. Worst drawdown: FNGG -91.3% vs FTKI -15.2%.
Should I hold both FNGG and FTKI?
FNGG and FTKI have a monthly-return correlation of 0.04, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between FNGG and FTKI?
FNGG and FTKI share 0 common holdings with a 0.0% weight overlap. Combined, they hold 157 unique securities.
Which pays a higher dividend, FNGG or FTKI?
FNGG yields 10.70% while FTKI yields 12.39%, so FTKI 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.