FNGG vs SBIO
Direxion Daily NYSE FANG+ Bull 2X ETF vs ALPS Medical Breakthroughs ETF
Quick Verdict
SBIO has a lower expense ratio. SBIO delivered stronger 1-year returns. SBIO offers more diversification with 107 holdings.
Side-by-Side Comparison
| Metric | FNGG | SBIO | Winner |
|---|---|---|---|
| Expense Ratio | 0.97% | 0.50% | |
| AUM | $143M | $221M | |
| Dividend Yield | 10.70% | 0.00% | |
| Holdings | 18 | 107 | |
| YTD Return | +28.33% | +36.68% | |
| 1Y Return | +32.83% | +101.44% | |
| 3Y Return (annualized) | +59.45% | +33.83% | |
| 5Y Return (annualized) | +3.58% | +10.71% | |
| Volatility (annualized) | 58.3% | 29.6% | |
| Max Drawdown | -91.3% | -63.1% | |
| Fund Family | Direxion Shares ETF Trust | ALPS Advisors | |
| Category | Alternative | Equity | |
| Inception | Sep 29, 2021 | Dec 30, 2014 |
FNGG vs SBIO Performance
Direxion Daily NYSE FANG+ Bull 2X ETF (FNGG) is a ETF from Direxion Shares ETF Trust and ALPS Medical Breakthroughs ETF (SBIO) is a ETF from ALPS Advisors. Over the past year FNGG returned +32.83% while SBIO returned +101.44%. Year to date, FNGG is up 28.33% versus a gain of 36.68% for SBIO.
Over three years, FNGG compounded at +59.45% per year against +33.83% for SBIO; over five years the annualized figures are +3.58% and +10.71% respectively. Across the full 5-year window we track, SBIO has the edge at +9.90% annualized vs +3.58%. Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
FNGG has been the more volatile fund, with annualized monthly volatility of 58.3% compared with 29.6% for SBIO. 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 -63.1% for SBIO. 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 0.38. They move independently enough that combining them can meaningfully diversify a portfolio.
Fees and Cost Over Time
FNGG charges 0.97% per year while SBIO charges 0.50%. On a $10,000 position that is $97 vs $50 annually, a gap of $47 per year that compounds over a long holding period. On income, FNGG currently yields 10.70% against 0.00% for SBIO.
Holdings Overlap
FNGG and SBIO share 0 holdings out of 118 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 SBIO?
FNGG has an expense ratio of 0.97% while SBIO charges 0.50%. SBIO is the cheaper option. On a $10,000 investment, that is $47 per year of difference.
Which performed better, FNGG or SBIO?
Over the past year FNGG returned +32.83% vs +101.44% for SBIO, so SBIO leads on 1-year performance. Over the longest common window we track (5 years), FNGG annualized +3.58% vs +9.90% for SBIO. Past performance does not guarantee future results.
Which is riskier, FNGG or SBIO?
FNGG has been the more volatile fund at 58.3% annualized versus 29.6% for SBIO. Worst drawdown: FNGG -91.3% vs SBIO -63.1%.
Should I hold both FNGG and SBIO?
FNGG and SBIO have a monthly-return correlation of 0.38, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between FNGG and SBIO?
FNGG and SBIO share 0 common holdings with a 0.0% weight overlap. Combined, they hold 118 unique securities.
Which pays a higher dividend, FNGG or SBIO?
FNGG yields 10.70% while SBIO yields 0.00%, so FNGG currently pays the higher dividend yield.
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