HEQ vs FNGG

Comparison between John Hancock Hedged equity & Income Fund (HEQ, ETF) and DIREXION DAILY NYSE FANG+ BULL 2X SHARES (FNGG, ETF).

5-Year PerformanceHEQ has outperformed FNGG, delivering a return of +7.3% compared to +0.9%

HEQ vs FNGG - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	HEQ(ETF)	FNGG(ETF)
Net Assets	$155M	$154M
Max Drawdown	59.66%	91.69%
Sharpe Ratio	1.22	0.76
5Y Beta	0.52	2.82
5Y Dividends CAGR	1.51%	N/A

Net Assets

Winner

HEQ

$155M

FNGG

$154M

Max Drawdown

Winner

HEQ

59.66%

FNGG

91.69%

Sharpe Ratio

Winner

HEQ

1.22

FNGG

0.76

5Y Beta

Winner

HEQ

0.52

FNGG

2.82

5Y Dividends CAGR

HEQ

1.51%

FNGG

N/A

HEQ vs FNGG - Historical Returns

Returns include dividend reinvestment.

Period	HEQ	FNGG
1 month	+2.81%	-4.41%
3 months	+7.44%	+25.63%
6 months	+12.27%	+3.76%
1 year	+18.81%	+27.09%
5 years(CAGR)	+7.29%	+0.86%
10 years(CAGR)	+7.66%	N/A
Max(CAGR)	+5.93%	+0.86%

Winner

HEQ

+2.81%

FNGG

-4.41%

HEQ

+7.44%

Winner

FNGG

+25.63%

Winner

HEQ

+12.27%

FNGG

+3.76%

HEQ

+18.81%

Winner

FNGG

+27.09%

5Y(CAGR)

Winner

HEQ

+7.29%

FNGG

+0.86%

10Y(CAGR)

HEQ

+7.66%

FNGG

N/A

Max(CAGR)

Winner

HEQ

+5.93%

FNGG

+0.86%

HEQ vs FNGG - Annual Returns (2011 - 2026)

Returns include dividend reinvestment.

Year	HEQ	FNGG
2026	+11.23%	+12.11%
2025	+14.87%	+25.92%
2024	+11.63%	+109.39%
2023	-4.59%	+214.56%
2022	-2.97%	-87.38%
2021	+26.11%	-2.82%
2020	-13.94%	N/A
2019	+25.50%	N/A
2018	-18.15%	N/A
2017	+21.02%	N/A
2016	+21.17%	N/A
2015	-2.20%	N/A
2014	+5.02%	N/A
2013	+17.83%	N/A
2012	+10.48%	N/A
2011	-23.41%	N/A

HEQ vs FNGG Drawdown Comparison

The maximum drawdown for HEQ was -44.30%, occurring on Mar 23, 2020. Recovery took 365 trading sessions.

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

The current HEQ drawdown is -1.76%. The current FNGG drawdown is -19.60%.

Rank	HEQ	FNGG
#1	-44.30% Jan 15, 2020 - Jun 28, 2021	-91.31% Nov 16, 2021 - Jan 5, 2023
#2	-32.38% Jul 8, 2011 - Sep 18, 2013	-5.74% Oct 1, 2021 - Oct 7, 2021
#3	-26.16% May 11, 2018 - Dec 16, 2019	-5.42% Nov 9, 2021 - Nov 12, 2021
#4	-25.35% May 25, 2022 - Jun 11, 2025	-4.65% Oct 21, 2021 - Nov 1, 2021
#5	-21.69% Jul 24, 2014 - Aug 11, 2016	-3.01% Oct 7, 2021 - Oct 13, 2021
#6	-7.91% Jan 2, 2018 - May 1, 2018	-2.41% Nov 4, 2021 - Nov 9, 2021
#7	-7.73% Jul 14, 2021 - Jan 7, 2022	-1.20% Oct 19, 2021 - Oct 21, 2021
#8	-7.33% Oct 3, 2016 - Dec 22, 2016	-0.72% Nov 1, 2021 - Nov 3, 2021
#9	-7.12% Apr 18, 2022 - May 20, 2022	-0.66% Nov 12, 2021 - Nov 16, 2021
#10	-7.00% Jan 14, 2022 - Mar 29, 2022	N/A
#11	-6.91% Feb 25, 2026 - Apr 14, 2026	N/A
#12	-6.04% Oct 20, 2017 - Dec 19, 2017	N/A
#13	-5.98% Jul 31, 2017 - Sep 22, 2017	N/A
#14	-4.53% Sep 7, 2016 - Oct 3, 2016	N/A
#15	-4.51% Jan 22, 2014 - Feb 28, 2014	N/A

Correlation

Correlation between HEQ and FNGG is 0.67 which considered as a moderate positive correlation - the stocks show some tendency to move together.

0.67

-101

Dividend Comparison (2011 - 2026)

HEQ vs FNGG dividend yield comparison.

Year	HEQ	FNGG
2026	4.36%	0.22%
2025	9.30%	11.89%
2024	9.79%	0.79%
2023	10.75%	0.88%
2022	10.09%	0.00%
2021	8.92%	4.99%
2020	11.64%	0.00%
2019	10.09%	0.00%
2018	11.50%	0.00%
2017	10.44%	0.00%
2016	9.57%	0.00%
2015	10.40%	0.00%
2014	9.22%	0.00%
2013	7.88%	0.00%
2012	8.54%	0.00%
2011	4.57%	0.00%