FNGG vs KCCA

Comparison between DIREXION DAILY NYSE FANG+ BULL 2X SHARES (FNGG, ETF) and KRANESHARES CALIFORNIA CARBON ALLOWANCE STRATEGY ETF (KCCA, ETF).

5-Year PerformanceFNGG has outperformed KCCA, delivering a return of +0.7% compared to -2.4%

FNGG vs KCCA - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	FNGG(ETF)	KCCA(ETF)
Net Assets	$117M	$117M
Expense Ratio	N/A	0.91%
Max Drawdown	91.69%	54.18%
Sharpe Ratio	0.47	0.56
5Y Beta	2.79	-0.10

Net Assets

Winner

FNGG

$117M

KCCA

$117M

Expense Ratio

FNGG

N/A

KCCA

0.91%

Max Drawdown

FNGG

91.69%

Winner

KCCA

54.18%

Sharpe Ratio

FNGG

0.47

Winner

KCCA

0.56

5Y Beta

FNGG

2.79

Winner

KCCA

-0.10

FNGG vs KCCA - Holdings Comparison

FNGG and KCCA have 0 common holdings. Overlap is 0.00%

FNGG's top 25 holdings weight is 37.93%. KCCA's top 25 holdings weight is 80.20%.

Rank	FNGG	KCCA
#1	META PLATFORMS INC CLASS A (META) - 4.32%	KRANESHARES SUST ULTRA SHRT DUR IDX ETF (KCSH) - 76.89%
#2	APPLE INC (AAPL) - 3.95%	STATE STREET INSTL US GOVT MMKT PREMIER (GVMXX) - 3.31%
#3	AMAZON.COM INC (AMZN) - 3.87%	N/A
#4	NVIDIA CORP (NVDA) - 3.84%	N/A
#5	PALANTIR TECHNOLOGIES INC ORDINARY SHARES CLASS A (PLTR) - 3.80%	N/A
#6	MICROSOFT CORP (MSFT) - 3.77%	N/A
#7	ALPHABET INC CLASS A (GOOGL) - 3.67%	N/A
#8	BROADCOM INC (AVGO) - 3.67%	N/A
#9	NETFLIX INC (NFLX) - 3.54%	N/A
#10	MICRON TECHNOLOGY INC (MU) - 3.50%	N/A
#11	N/A	N/A
#12	N/A	N/A
#13	N/A	N/A
#14	N/A	N/A
#15	N/A	N/A
#16	N/A	N/A
#17	N/A	N/A
#18	N/A	N/A
#19	N/A	N/A
#20	N/A	N/A
#21	N/A	N/A
#22	N/A	N/A
#23	N/A	N/A
#24	N/A	N/A
#25	N/A	N/A
Total Holdings	10	2

FNGG vs KCCA - Historical Returns

Returns include dividend reinvestment.

Period	FNGG	KCCA
1 month	+1.48%	-2.21%
3 months	+9.05%	+12.21%
6 months	+14.54%	+6.20%
1 year	+15.86%	+12.43%
5 years(CAGR)	+0.67%	-2.44%
Max(CAGR)	+0.67%	-2.44%

Winner

FNGG

+1.48%

KCCA

-2.21%

FNGG

+9.05%

Winner

KCCA

+12.21%

Winner

FNGG

+14.54%

KCCA

+6.20%

Winner

FNGG

+15.86%

KCCA

+12.43%

5Y(CAGR)

Winner

FNGG

+0.67%

KCCA

-2.44%

Max(CAGR)

Winner

FNGG

+0.67%

KCCA

-2.44%

FNGG vs KCCA - Annual Returns (2021 - 2026)

Returns include dividend reinvestment.

Year	FNGG	KCCA
2026	+11.19%	-2.15%
2025	+25.92%	-11.72%
2024	+109.39%	-15.68%
2023	+214.56%	+36.55%
2022	-87.38%	-19.70%
2021	-2.82%	+8.91%

FNGG vs KCCA Drawdown Comparison

The maximum drawdown for FNGG was -91.31%, occurring on Jan 5, 2023. This drawdown has not yet recovered.

The maximum drawdown for KCCA was -41.11%, occurring on Apr 14, 2025. This drawdown has not yet recovered.

The current FNGG drawdown is -20.26%. The current KCCA drawdown is -29.37%.

Rank	FNGG	KCCA
#1	-91.31% Nov 16, 2021 - Jan 5, 2023	-41.11% Feb 5, 2024 - Apr 14, 2025
#2	-5.74% Oct 1, 2021 - Oct 7, 2021	-34.85% Nov 15, 2021 - Jan 5, 2024
#3	-5.42% Nov 9, 2021 - Nov 12, 2021	-7.15% Oct 5, 2021 - Oct 22, 2021
#4	-4.65% Oct 21, 2021 - Nov 1, 2021	-2.08% Oct 25, 2021 - Oct 29, 2021
#5	-3.01% Oct 7, 2021 - Oct 13, 2021	-1.69% Jan 19, 2024 - Feb 1, 2024
#6	-2.41% Nov 4, 2021 - Nov 9, 2021	-1.40% Nov 1, 2021 - Nov 9, 2021
#7	-1.20% Oct 19, 2021 - Oct 21, 2021	-1.32% Jan 8, 2024 - Jan 17, 2024
#8	-0.72% Nov 1, 2021 - Nov 3, 2021	-0.16% Jan 17, 2024 - Jan 19, 2024
#9	-0.66% Nov 12, 2021 - Nov 16, 2021	N/A

Correlation

Correlation between FNGG and KCCA is -0.31 which considered as a weak negative correlation - the stocks show a slight tendency to move in opposite directions.

-0.31

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