Daily NYSE FANG+ Bull 2X ETF (FNGG) Performance
FNGG total return
Distributions reinvested · as of Oct 23, 2026- YTD
- +21.2% since Dec 31, 2025
- 1 year
- +11.8% total return
- 5 years
- +0.7% a year
- Since first price
- +3.0% a year since 2021
FNGG trailing returns vs SPY, QQQ, AGG
| Period | FNGG total return | Price only | S&P 500 (SPY) | Nasdaq-100 (QQQ) | U.S. bonds (AGG) |
|---|---|---|---|---|---|
| 1 month | −10.9% | −10.9% | −1.0% | −5.0% | +0.9% |
| 3 months | +12.7% | +12.5% | +3.2% | +1.9% | −0.4% |
| 6 months | +22.9% | +22.3% | +7.8% | +8.4% | −1.5% |
| YTD | +21.2% | +20.2% | +12.3% | +15.1% | −1.0% |
| 1 year | +11.8% | +0.8% | +14.4% | +15.9% | −1.1% |
| 3 years | +314.0%+60.6%/yr | +264.8% | +87.4%+23.3%/yr | +101.4%+26.3%/yr | +16.6%+5.2%/yr |
| 5 years | +3.6%+0.7%/yr | −13.1% | +79.3%+12.4%/yr | +94.0%+14.2%/yr | −0.8%−0.2%/yr |
| Since inceptionSep 30, 2021 | +16.1%+3.0%/yr | −2.6% | — | — | — |
Total return from adjusted closes (distributions reinvested, before tax). Periods of 3 years or more are also shown annualized. Price only excludes distributions.
Growth of $10,000: FNGG vs SPY
From Sep 30, 2021: FNGG grew to $11,610, SPY to $18,934.
Year-end values with distributions reinvested, no taxes or trading costs. Start: first common trading day of both funds.
FNGG returns by calendar year
3 of 4 full years positive. Best 2023 (+204.2%), worst 2022 (−87.2%). 2026 is year to date.
FNGG annual returns table
| Year | FNGG | Largest drop | SPY | QQQ | AGG |
|---|---|---|---|---|---|
| 2026YTD | +21.2% | −32.1% | +12.3% | +15.1% | −1.0% |
| 2025 | +27.2% | −47.0% | +17.7% | +20.8% | +7.2% |
| 2024 | +98.8% | −33.1% | +24.9% | +25.6% | +1.3% |
| 2023 | +204.2% | −29.0% | +26.2% | +54.9% | +5.7% |
| 2022 | −87.2% | −88.2% | −18.2% | −32.6% | −13.0% |
Largest drop = deepest fall from a high within that calendar year.
Calendar-year return vs largest drop within the year
Most years include a sizable fall at some point even when the year ends higher.
FNGG largest drawdowns
Now 14.5% below the high| Peak | Decline | Bottom | Recovered | Fall | Underwater |
|---|---|---|---|---|---|
| Nov 16, 2021 | −91.3% | Jan 5, 2023 | Sep 21, 2026 | 1.1 years | 4.8 years |
| Oct 7, 2026 | −14.5% | Oct 23, 2026 | not yet | 16 days | 16 days so far |
Declines from a closing high (distributions reinvested) of 10% or more. Underwater = time from the peak until the old high was regained.
FNGG risk statistics
| Statistic | 3 years | 5 years |
|---|---|---|
| Annualized return | +66.6% | +5.3% |
| Volatility (annualized) | 45.4% | 58.1% |
| Sharpe ratio | 1.26 | 0.32 |
| Sortino ratio | 2.66 | 0.49 |
| Best month | +36.0% | +36.9% |
| Worst month | −21.0% | −41.6% |
| Best 12 months | +126.3% | +204.2% |
| Worst 12 months | +11.4% | −87.2% |
| Positive months | 64% | 53% |
| Beta vs S&P 500 | 3.02 | 2.80 |
| Correlation with S&P 500 | 0.83 | 0.76 |
From monthly total returns. Sharpe and Sortino use 1–3 month T-bills (BIL) as the risk-free rate, so they need history from 2007 on.
FNGG rolling returns
| Holding period | Periods | Worst | Median | Best | Positive |
|---|---|---|---|---|---|
| 1-year | 50 | −87.2% | +50.3% | +204.2% | 84% |
| 3-year (a year) | 26 | −19.6% | +57.4% | +97.4% | 85% |
| 5-year (a year) | 2 | −0.1% | +2.6% | +5.3% | 50% |
Every holding period starting at a month-end since 2021. Returns for 3 years and longer are annualized.
FNGG performance overview
Daily NYSE FANG+ Bull 2X ETF (FNGG) returned +11.8% over the past year and +0.7% a year over five years, with distributions reinvested. Since its first recorded price in 2021 it has returned +3.0% a year, turning $10,000 into about $11,610. Over the same year S&P 500 (SPY) returned +14.4%.
The deepest decline was −91.3%, from Nov 16, 2021 to Jan 5, 2023, and it took 3.7 years to get back to the old high. FNGG finished 3 of its 4 full calendar years with a gain; the best year was 2023 (+204.2%) and the worst 2022 (−87.2%). Volatility has been 58.1% a year.
Related: FNGG chart, FNGG dividends. See the FNGG overview for the latest quote and fund facts.
FNGG performance FAQ
What is the FNGG return over the past year?
FNGG returned +11.8% over the 12 months to October 23, 2026, including reinvested distributions. On price alone it rose 0.8%.
What is the average annual return of FNGG?
FNGG has returned +0.7% a year over 5 years, +3.0% a year since September 30, 2021 (total return, distributions reinvested).
How much would $10,000 invested in FNGG be worth?
$10,000 invested in FNGG at its first recorded close on September 30, 2021 would be worth about $11,610 on October 23, 2026 with distributions reinvested.
What was the worst year for FNGG?
The worst calendar year was 2022, with a total return of −87.2%. The best was 2023 at +204.2%.
What is the biggest drawdown of FNGG?
The largest peak-to-trough decline was −91.3% between November 16, 2021 and January 5, 2023. It recovered to the old high on September 21, 2026, 3.7 years after the bottom.
How volatile is FNGG?
Over the past 3 years FNGG had an annualized volatility of 45.4% and a Sharpe ratio of 1.26 (excess return over 1–3 month T-bills per unit of risk).