FNGG vs ERH

Comparison between DIREXION DAILY NYSE FANG+ BULL 2X SHARES (FNGG, ETF) and Allspring Utilities and High Income Fund (ERH, ETF).

5-Year PerformanceERH has outperformed FNGG, delivering a return of +3.3% compared to +2.9%

FNGG vs ERH - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	FNGG(ETF)	ERH(ETF)
Net Assets	$121M	$121M
Max Drawdown	91.69%	74.70%
Sharpe Ratio	0.74	0.11
5Y Beta	2.78	0.27
5Y Dividends CAGR	N/A	1.79%

Net Assets

Winner

FNGG

$121M

ERH

$121M

Max Drawdown

FNGG

91.69%

Winner

ERH

74.70%

Sharpe Ratio

Winner

FNGG

0.74

ERH

0.11

5Y Beta

FNGG

2.78

Winner

ERH

0.27

5Y Dividends CAGR

FNGG

N/A

ERH

1.79%

FNGG vs ERH - Historical Returns

Returns include dividend reinvestment.

Period	FNGG	ERH
1 month	+17.96%	-2.20%
3 months	+4.07%	-1.59%
6 months	+50.88%	-4.53%
1 year	+30.01%	+4.24%
5 years(CAGR)	+2.92%	+3.35%
10 years(CAGR)	N/A	+6.32%
Max(CAGR)	+2.92%	+6.94%

Winner

FNGG

+17.96%

ERH

-2.20%

Winner

FNGG

+4.07%

ERH

-1.59%

Winner

FNGG

+50.88%

ERH

-4.53%

Winner

FNGG

+30.01%

ERH

+4.24%

5Y(CAGR)

FNGG

+2.92%

Winner

ERH

+3.35%

10Y(CAGR)

FNGG

N/A

ERH

+6.32%

Max(CAGR)

FNGG

+2.92%

Winner

ERH

+6.94%

FNGG vs ERH - Annual Returns (2004 - 2026)

Returns include dividend reinvestment.

Year	FNGG	ERH
2026	+29.08%	+3.09%
2025	+25.92%	+19.30%
2024	+109.39%	+24.86%
2023	+214.56%	-11.14%
2022	-87.38%	-18.66%
2021	-6.67%	+24.09%
2020	N/A	-2.29%
2019	N/A	+31.38%
2018	N/A	-8.20%
2017	N/A	+18.00%
2016	N/A	+15.44%
2015	N/A	-7.58%
2014	N/A	+16.65%
2013	N/A	+13.20%
2012	N/A	+9.30%
2011	N/A	+3.37%
2010	N/A	-17.01%
2009	N/A	+39.98%
2008	N/A	-51.44%
2007	N/A	+16.01%
2006	N/A	+63.33%
2005	N/A	+15.48%
2004	N/A	+9.31%

FNGG vs ERH Drawdown Comparison

The maximum drawdown for FNGG was -91.65%, occurring on Jan 5, 2023. This drawdown has not yet recovered.

The maximum drawdown for ERH was -69.81%, occurring on Mar 9, 2009. Recovery took 2326 trading sessions.

The current FNGG drawdown is -11.09%. The current ERH drawdown is -6.71%.

Rank	FNGG	ERH
#1	-91.65% Nov 16, 2021 - Jan 5, 2023	-69.81% Jan 11, 2008 - Apr 7, 2017
#2	-5.74% Oct 1, 2021 - Oct 7, 2021	-46.06% Feb 20, 2020 - Jun 10, 2021
#3	-5.42% Nov 9, 2021 - Nov 12, 2021	-37.84% Dec 15, 2021 - Jun 3, 2025
#4	-4.65% Oct 21, 2021 - Nov 1, 2021	-25.62% Apr 12, 2007 - Oct 23, 2007
#5	-3.01% Oct 7, 2021 - Oct 13, 2021	-14.12% May 3, 2004 - Nov 4, 2004
#6	-2.41% Nov 4, 2021 - Nov 9, 2021	-13.93% Dec 12, 2017 - Aug 10, 2018
#7	-1.20% Oct 19, 2021 - Oct 21, 2021	-13.90% Nov 13, 2007 - Dec 31, 2007
#8	-0.72% Nov 1, 2021 - Nov 3, 2021	-12.90% Sep 13, 2018 - Feb 4, 2019
#9	-0.66% Nov 12, 2021 - Nov 16, 2021	-12.85% Sep 14, 2021 - Dec 6, 2021
#10	N/A	-10.95% Jan 3, 2007 - Mar 21, 2007
#11	N/A	-9.36% Oct 7, 2025 - Feb 25, 2026
#12	N/A	-8.83% May 4, 2026 - May 18, 2026
#13	N/A	-8.38% Feb 27, 2026 - May 1, 2026
#14	N/A	-7.79% Oct 4, 2005 - Jan 18, 2006
#15	N/A	-6.40% Mar 7, 2005 - Jun 7, 2005

Correlation

Correlation between FNGG and ERH is 0.82 which considered as a strong positive correlation - the stocks tend to move together.

0.82

-101

Dividend Comparison (2004 - 2026)

FNGG vs ERH dividend yield comparison.

Year	FNGG	ERH
2026	0.45%	5.95%
2025	11.89%	8.13%
2024	0.79%	7.15%
2023	0.88%	9.19%
2022	0.00%	8.09%
2021	0.50%	5.86%
2020	0.00%	7.20%
2019	0.00%	6.53%
2018	0.00%	8.06%
2017	0.00%	6.82%
2016	0.00%	7.53%
2015	0.00%	8.04%
2014	0.00%	7.03%
2013	0.00%	7.63%
2012	0.00%	8.05%
2011	0.00%	8.07%
2010	0.00%	8.67%
2009	0.00%	8.96%
2008	0.00%	23.94%
2007	0.00%	15.45%
2006	0.00%	12.10%
2005	0.00%	20.46%
2004	0.00%	5.12%