MicroSectors FANG Maximum Drawdown
| FNGD ETF | | | USD 40.24 0.31 0.78% |
Maximum Drawdown (or MDD) is another indicator of risk. It is the reduction in asset value after a series of losing trades. This is normally calculated by getting the difference between a relative peaks in equity capital minus a relative trough. Below is MicroSectors FANG's current Maximum Drawdown with peer comparisons and related risk metrics.
Current Maximum Drawdown Value
MicroSectors FANG carries a Maximum Drawdown of 23.04, consistent with a moderate peak-to-trough loss. This places MicroSectors FANG's drawdown exposure within the typical range for ETF.
Maximum Drawdown | = | MAX(HIGH - LOW) |
| = | 23.04 | |
| MAX | = | Maximum notation for the range of returns on MicroSectors FANG |
Maximum Drawdown Peers Comparison
The peer group averages 5.03 for Maximum Drawdown, with MicroSectors FANG at 23.04 falling above that level. Readings span 2.96 (iShares Core Growth) to 11.61 (SPDR SAMPP Metals). MicroSectors FANG's deeper drawdown relative to peers indicates greater historical downside exposure.
Maximum Drawdown Relative To Other Indicators
The chart below plots Maximum Drawdown against Maximum Drawdown for MicroSectors FANG and its peers. Each point represents one equity — position along the horizontal axis shows Maximum Drawdown while the vertical axis shows Maximum Drawdown. Equities that cluster in different quadrants carry distinct risk-return profiles. Use the dropdowns to swap in other indicators for either axis.
With Maximum Drawdown at
23.04 and Maximum Drawdown at
23.04 , MicroSectors FANG shows a
1.00 -to-one ratio between these indicators. The two measures are closely aligned in magnitude for MicroSectors FANG.
Methodology, Assumptions & Data Sources
MicroSectors FANG has a current Maximum Drawdown reading of 23.04. The Maximum Drawdown for MicroSectors FANG is produced by transforming raw price history into a standardized measure according to the indicator's defined methodology. The underlying data comes from exchange-reported daily closes with corporate action adjustments applied where relevant. Values are specific to the selected time horizon and may differ across measurement periods. This indicator does not constitute investment advice.
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