FNGG vs VOO
Direxion Daily NYSE FANG+ Bull 2X ETF vs Vanguard S&P 500 ETF
Which is better, FNGG or VOO?
Trading-Leveraged Equity against Large Cap Blend.
VOO has a lower expense ratio. FNGG led over 1Y and 3Y, VOO over 5Y and the full window. VOO is less concentrated, with 37.9% of the fund in its ten largest positions against 89.7%.
MarketXLS is not an investment adviser. This comparison is generated automatically from market data and is for information only. A Best mark means the better reading on that one measure, not a recommendation to buy.
Side-by-Side Comparison
| Metric | FNGG | VOO |
|---|---|---|
| Expense Ratio | 0.96% | 0.03%Best |
| AUM | $124M | $1.0T |
| Dividend Yield | 8.98% | 1.06% |
| Holdings | 36 | 506 |
| YTD Return | +38.70%Best | +13.57% |
| 1Y Return | +27.96%Best | +17.55% |
| 3Y Return (annualized) | +61.84%Best | +22.46% |
| 5Y Return (annualized) | +3.39% | +13.28%Best |
| Volatility (annualized) | 57.6% | 15.5%Best |
| Max Drawdown | -91.3% | -24.5%Best |
| $10,000 over 5 years | $11,814 | $18,654Best |
| Top 10 Weight | 89.7% | 37.9%Best |
| Fund Family | Direxion Shares ETF Trust | Vanguard (US) |
| Category | Alternative | Equity |
| Style | Trading-Leveraged Equity | Large Cap Blend |
| Inception | Sep 29, 2021 | Sep 7, 2010 |
Volatility and max drawdown are measured over the window both funds cover: Sep 30, 2021 to Oct 14, 2026 (5 years).
FNGG vs VOO growth
Month-end closes. Both lines start at 0% in the first month shown, so the gap between them is the difference in growth across that window. The full view covers the 5 years both funds cover.
FNGG vs VOO Performance
Direxion Daily NYSE FANG+ Bull 2X ETF (FNGG) is an ETF from Direxion Shares ETF Trust and Vanguard S&P 500 ETF (VOO) is an ETF from Vanguard (US). Over the past year FNGG returned +27.96% while VOO returned +17.55%. Year to date, FNGG is up 38.70% versus a gain of 13.57% for VOO.
Over three years, FNGG compounded at +61.84% per year against +22.46% for VOO; over five years the annualized figures are +3.39% and +13.28% respectively.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
FNGG has been the more volatile fund, with annualized monthly volatility of 57.6% compared with 15.5% for VOO. 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 -24.5% for VOO. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.76. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
FNGG charges 0.96% per year while VOO charges 0.03%. On a $10,000 position that is $96 vs $3 annually, a gap of $93 per year that compounds over a long holding period. On income, FNGG currently yields 8.98% against 1.06% for VOO.
Holdings Overlap
45.4% of FNGG's money is in holdings VOO also owns. 35.0% of VOO's money is in holdings FNGG also owns.
The two portfolios partly overlap.
10 positions in common, counted across the 12 positions we hold weights for in FNGG and 504 in VOO, against full books of 36 and 506.
What only one of them owns
Our book lists 489 positions for VOO that do not appear in our book for FNGG (64.7% of the fund), and 2 for FNGG that do not appear in VOO (52.5%).
Some of those will be the same company recorded under a different code in one of the two books, so the real difference in what you would own is no larger than this and may be smaller. We do not name the individual positions here for that reason.
Top Shared Holdings
| Stock | Weight in FNGG | Weight in VOO | Difference |
|---|---|---|---|
| NVDANvidia Corp | 4.76% | 8.09% | 3.33% |
| AAPLApple, Inc | 4.37% | 7.04% | 2.67% |
| MSFTMicrosoft Corp | 4.60% | 5.70% | 1.10% |
| AMZNAmazon.Com Inc | 4.45% | 3.85% | 0.60% |
| GOOGLAlphabet Inc | 4.36% | 3.01% | 1.35% |
| AVGOBroadcom Inc | 4.56% | 2.65% | 1.91% |
| MUMicron Technology, Inc. | 5.05% | 1.64% | 3.41% |
| METAMeta Platforms Inc | 4.71% | 1.90% | 2.81% |
| PLTRPalantir Technologies Inc | 4.72% | 0.65% | 4.07% |
| NFLXNetflix, Inc. | 3.82% | 0.52% | 3.30% |
45.4% of FNGG is already inside VOO.
You probably hold more than these two. Add the rest and see how much of the whole book is the same companies twice.
Free for up to 10 holdings. No account needed.
Frequently Asked Questions
Which is cheaper, FNGG or VOO?
FNGG has an expense ratio of 0.96% while VOO charges 0.03%. VOO is the cheaper option, by $93 a year on a $10,000 investment.
Which performed better, FNGG or VOO?
Over the past year FNGG returned +27.96% vs +17.55% for VOO, so FNGG leads on 1-year performance. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, FNGG or VOO?
FNGG has been the more volatile fund at 57.6% annualized versus 15.5% for VOO. Worst drawdown: FNGG -91.3% vs VOO -24.5%.
Should I hold both FNGG and VOO?
FNGG and VOO have a monthly-return correlation of 0.76, so their returns are far enough apart for the mix to behave differently from either one alone. This is information, not a recommendation.
What is the holdings overlap between FNGG and VOO?
45.4% of FNGG's money is in holdings VOO also owns. 35.0% of VOO's is in holdings FNGG also owns. They hold 10 positions in common, counted across the 12 positions we hold weights for in FNGG and 504 in VOO.
Which pays a higher dividend, FNGG or VOO?
FNGG yields 8.98% while VOO yields 1.06%, so FNGG currently pays the higher dividend yield.
Is VOO better than FNGG?
VOO has a lower expense ratio. FNGG led over 1Y and 3Y, VOO over 5Y and the full window. VOO is less concentrated, with 37.9% of the fund in its ten largest positions against 89.7%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.