WARP vs FNGD

Comparison between VANECK SPACE ETF (WARP, ETF) and Bank of Montreal (FNGD, ETF).

WARP vs FNGD - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	WARP(ETF)	FNGD(ETF)
Net Assets	$46M	$46M
Expense Ratio	0.50%	N/A
Max Drawdown	28.83%	100.00%
Sharpe Ratio	2.65	-0.90
5Y Beta	4.57	0.00
P/E Ratio	-40.78	35.47
Forward P/E	N/A	29.03
PEG Ratio	N/A	0.62
5Y EPS CAGR	N/A	39.37%
Debt to Equity	-3.52%	30.25%
P/S Ratio	7.25	9.91
P/B Ratio	5.93	12.08

Net Assets

WARP

$46M

FNGD

$46M

Expense Ratio

WARP

0.50%

FNGD

N/A

Max Drawdown

Winner

WARP

28.83%

FNGD

100.00%

Sharpe Ratio

Winner

WARP

2.65

FNGD

-0.90

5Y Beta

WARP

4.57

Winner

FNGD

0.00

P/E Ratio

Winner

WARP

-40.78

FNGD

35.47

Forward P/E

WARP

N/A

FNGD

29.03

PEG Ratio

WARP

N/A

FNGD

0.62

5Y EPS CAGR

WARP

N/A

FNGD

39.37%

Debt to Equity

Winner

WARP

-3.52%

FNGD

30.25%

P/S Ratio

Winner

WARP

7.25

FNGD

9.91

P/B Ratio

Winner

WARP

5.93

FNGD

12.08

WARP vs FNGD - Holdings Comparison

WARP and FNGD have 0 common holdings. Overlap is 0.00%

WARP's top 25 holdings weight is 99.99%. FNGD's top 25 holdings weight is 99.99%.

Rank	WARP	FNGD
#1	PLANET LABS PBC CLASS A (PL) - 9.44%	NVIDIA CORP (NVDA) - 11.80%
#2	ROCKET LAB CORP (RKLB) - 9.36%	ALPHABET INC CLASS A (GOOGL) - 11.24%
#3	VIASAT INC (VSAT) - 7.07%	BROADCOM INC (AVGO) - 10.96%
#4	INTUITIVE MACHINES INC ORDINARY SHARES CLASS A (LUNR) - 6.28%	META PLATFORMS INC CLASS A (META) - 10.80%
#5	AST SPACEMOBILE INC ORDINARY SHARES CLASS A (ASTS) - 6.05%	APPLE INC (AAPL) - 10.39%
#6	FIREFLY AEROSPACE INC (FLY) - 5.96%	AMAZON.COM INC (AMZN) - 9.74%
#7	REDWIRE CORP (RDW) - 5.86%	CROWDSTRIKE HOLDINGS INC CLASS A (CRWD) - 9.45%
#8	ASTROSCALE HOLDINGS INC (n/a) - 5.65%	MICROSOFT CORP (MSFT) - 9.11%
#9	IRIDIUM COMMUNICATIONS INC (IRDM) - 5.41%	NETFLIX INC (NFLX) - 8.64%
#10	ECHOSTAR CORP CLASS A (SATS) - 5.41%	PALANTIR TECHNOLOGIES INC ORDINARY SHARES CLASS A (PLTR) - 7.86%
#11	MDA SPACE LTD COMMON STOCK (n/a) - 5.08%	N/A
#12	VOYAGER TECHNOLOGIES INC CLASS A (VOYG) - 4.53%	N/A
#13	SKY PERFECT JSAT CORP (n/a) - 4.24%	N/A
#14	GLOBALSTAR INC (GSAT) - 3.86%	N/A
#15	EUTELSAT COMMUNICATIONS (n/a) - 3.36%	N/A
#16	NEXTNAV INC (NN) - 3.04%	N/A
#17	AVIO SPA COMMON STOCK (n/a) - 2.97%	N/A
#18	SYNSPECTIVE INC (n/a) - 2.78%	N/A
#19	GILAT SATELLITE NETWORKS LTD (GILT) - 2.20%	N/A
#20	SES RECEIPT (n/a) - 1.64%	N/A
#21	EURO CURRENCY (n/a) - 0.00%	N/A
#22	US DOLLAR (n/a) - -0.20%	N/A
#23	N/A	N/A
#24	N/A	N/A
#25	N/A	N/A
Total Holdings	22	10

WARP vs FNGD - Historical Returns

Returns include dividend reinvestment.

Period	WARP	FNGD
1 month	-4.04%	+1.91%
3 months	N/A	-37.83%
6 months	N/A	-22.51%
1 year	N/A	-48.99%
5 years(CAGR)	N/A	-63.84%
10 years(CAGR)	N/A	-70.01%
Max(CAGR)	+158.46%	-70.01%

WARP

-4.04%

Winner

FNGD

+1.91%

WARP

N/A

FNGD

-37.83%

WARP

N/A

FNGD

-22.51%

WARP

N/A

FNGD

-48.99%

5Y(CAGR)

WARP

N/A

FNGD

-63.84%

10Y(CAGR)

WARP

N/A

FNGD

-70.01%

Max(CAGR)

Winner

WARP

+158.46%

FNGD

-70.01%

WARP vs FNGD - Annual Returns (2018 - 2026)

Returns include dividend reinvestment.

Year	WARP	FNGD
2026	+9.81%	-30.13%
2025	N/A	-61.08%
2024	N/A	-78.18%
2023	N/A	-90.58%
2022	N/A	+62.87%
2021	N/A	-61.24%
2020	N/A	-95.17%
2019	N/A	-72.20%
2018	N/A	-13.73%

WARP vs FNGD Drawdown Comparison

The maximum drawdown for WARP was -28.83%, occurring on Jun 10, 2026. This drawdown has not yet recovered.

The maximum drawdown for FNGD was -100.00%, occurring on Jun 1, 2026. This drawdown has not yet recovered.

The current WARP drawdown is -27.67%. The current FNGD drawdown is -100.00%.

Rank	WARP	FNGD
#1	-28.83% May 28, 2026 - Jun 10, 2026	-100.00% Feb 8, 2018 - Jun 1, 2026
#2	-3.25% May 14, 2026 - May 20, 2026	-10.11% Jan 24, 2018 - Feb 5, 2018
#3	-1.35% May 11, 2026 - May 13, 2026	-8.18% Feb 5, 2018 - Feb 8, 2018
#4	-0.57% May 20, 2026 - May 22, 2026	N/A

Correlation

Correlation between WARP and FNGD is -1.00 which considered as a very strong negative correlation - the stocks move almost identically in opposite directions.

-1.00

-101