FNGG vs VYM
Direxion Daily NYSE FANG+ Bull 2X ETF vs Vanguard High Dividend Yield ETF
Quick Verdict
VYM has a lower expense ratio. FNGG delivered stronger 1-year returns. VYM offers more diversification with 558 holdings.
Side-by-Side Comparison
| Metric | FNGG | VYM | Winner |
|---|---|---|---|
| Expense Ratio | 0.97% | 0.04% | |
| AUM | $116M | $79.0B | |
| Dividend Yield | 11.05% | 2.86% | |
| Holdings | 18 | 568 | |
| YTD Return | +31.07% | +16.53% | |
| 1Y Return | +28.22% | +25.03% | |
| 3Y Return (annualized) | +58.60% | +18.54% | |
| 5Y Return (annualized) | - | +12.25% | |
| Volatility (annualized) | 58.4% | 14.6% | |
| Max Drawdown | -91.3% | -58.8% | |
| Fund Family | Direxion Shares ETF Trust | Vanguard (US) | |
| Category | Alternative | Equity | |
| Inception | Sep 29, 2021 | Nov 10, 2006 |
FNGG vs VYM Performance
Direxion Daily NYSE FANG+ Bull 2X ETF (FNGG) is a ETF from Direxion Shares ETF Trust and Vanguard High Dividend Yield ETF (VYM) is a ETF from Vanguard (US). Over the past year FNGG returned +28.22% while VYM returned +25.03%. Year to date, FNGG is up 31.07% versus a gain of 16.53% for VYM.
Over three years, FNGG compounded at +58.60% per year against +18.54% for VYM. Across the full 5-year window we track, VYM has the edge at +7.10% annualized vs +4.05%. Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
FNGG has been the more volatile fund, with annualized monthly volatility of 58.4% compared with 14.6% for VYM. 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 -58.8% for VYM. 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 0.35. They move independently enough that combining them can meaningfully diversify a portfolio.
Fees and Cost Over Time
FNGG charges 0.97% per year while VYM charges 0.04%. On a $10,000 position that is $97 vs $4 annually, a gap of $93 per year that compounds over a long holding period. On income, FNGG currently yields 11.05% against 2.86% for VYM.
Holdings Overlap
FNGG and VYM share 1 holdings out of 570 unique holdings combined, representing a 4.0% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
Top Shared Holdings
| Stock | Weight in FNGG | Weight in VYM | Difference |
|---|---|---|---|
| AVGO | 3.96% | 6.47% | 2.51% |
Frequently Asked Questions
Which is cheaper, FNGG or VYM?
FNGG has an expense ratio of 0.97% while VYM charges 0.04%. VYM is the cheaper option. On a $10,000 investment, that is $93 per year of difference.
Which performed better, FNGG or VYM?
Over the past year FNGG returned +28.22% vs +25.03% for VYM, so FNGG leads on 1-year performance. Over the longest common window we track (5 years), FNGG annualized +4.05% vs +7.10% for VYM. Past performance does not guarantee future results.
Which is riskier, FNGG or VYM?
FNGG has been the more volatile fund at 58.4% annualized versus 14.6% for VYM. Worst drawdown: FNGG -91.3% vs VYM -58.8%.
Should I hold both FNGG and VYM?
FNGG and VYM have a monthly-return correlation of 0.35, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between FNGG and VYM?
FNGG and VYM share 1 common holdings with a 4.0% weight overlap. Combined, they hold 570 unique securities.
Which pays a higher dividend, FNGG or VYM?
FNGG yields 11.05% while VYM yields 2.86%, so FNGG currently pays the higher dividend yield.
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