Direxion Daily Select Large Caps & FANGs Bull 2X Shares

10-Year Study

FNGG.US · · US · ETF

Executive Summary: Direxion Daily Select Large Caps & FANGs Bull 2X Shares has compounded at -1.2% annually over the last 10 years, with a maximum drawdown of 89.3% and an annualized volatility of 126.9%.

1Y CAGR
+25.9%
3Y CAGR
+52.4%
5Y CAGR
-1.2%
10Y CAGR
-1.2%

History & Riski10-year historical performance analysis including CAGR, Max Drawdown, Sharpe & Sortino ratios, annual returns, and rolling volatility — all computed from daily market data.

10-Year Growth of $10,000

Max DrawdownMax DrawdownThe largest peak-to-trough decline in the asset's value over the measurement period.Click for full definition →
89.3%
Sharpe RatioSharpe RatioRisk-adjusted return: how much excess return you earn per unit of total risk (volatility).Click for full definition →
0.22
Sortino RatioSortino RatioLike Sharpe, but only penalizes downside volatility — a more accurate risk measure for asymmetric return distributions.Click for full definition →
0.35
Ann. VolatilityAnnualized VolatilityThe annualized standard deviation of an asset's returns — a measure of how much prices fluctuate.Click for full definition →
58.0%
Best YearBest & Worst YearThe single calendar year with the highest and lowest return in the measured period.Click for full definition →
2023 · +204.2%
Worst YearBest & Worst YearThe single calendar year with the highest and lowest return in the measured period.Click for full definition →
2022 · -87.2%
% Positive Years% Positive YearsThe percentage of calendar years in the measurement period where the asset delivered a positive return.Click for full definition →
60%

Annual Returns

Rolling 12-Month Returns

Rolling 12-Month Annualised Volatility

Historical Drawdowns

Monthly Returns

Monthly Returns Heatmap

YearJanFebMarAprMayJunJulAugSepOctNovDecAnn.
2026-6.9-11.5-9.832.8————————-1.3%
20255.6-11.0-21.012.022.217.72.6-0.010.98.8-4.6-9.827.2%
20246.119.21.3-7.012.319.3-4.5-2.74.72.912.910.398.8%
202329.62.825.7-3.336.915.16.2-6.3-11.7-4.327.511.1204.2%
2022-35.6-11.5-5.2-41.6-23.4-19.126.3-7.0-21.01.6-6.9-25.3-87.2%
2021—————————16.5-2.1-15.0-3.1%

Risk X-RayiA 19-factor macroeconomic risk decomposition showing exactly which market forces (equity beta, rates, inflation, credit, commodity, crypto) drive this asset's volatility. Powered by multivariate regression against daily factor returns.

Risk Profile Insight: This asset has an estimated annualized volatility of 126.9%. The dominant macroeconomic risk driver is SHV.US, accounting for 80.9% of variance. Idiosyncratic stock-specific factors contribute 0.9%.

10-Year Historical Price Series (Growth of $10,000)
DateSimulated Value
2021-09-0110000
2021-10-0111653.319589256404
2021-11-0111404.793246829227
2021-12-019692.392699852113
2022-01-016246.682964541676
2022-02-015525.7550536181525
2022-03-015239.019248672605
2022-04-013059.8494187787737
2022-05-012343.016871318758
2022-06-011896.534031681026
2022-07-012396.270526152053
2022-08-012228.3234779943864
2022-09-011761.3591777698841
2022-10-011790.031365283669
2022-11-011667.1472450322824
2022-12-011245.2412294448275
2023-01-011613.8982334682205
2023-02-011659.773733490276
2023-03-012087.1309471572745
2023-04-012017.9926682778812
2023-05-012762.2715801741692
2023-06-013178.443158258867
2023-07-013374.57020739162
2023-08-013161.09126113514
2023-09-012792.7360696118926
2023-10-012673.2508224390626
2023-11-013408.6564468310853
2023-12-013788.410864321351
2024-01-014018.591650008938
2024-02-014788.287817686677
2024-03-014849.397884062211
2024-04-014508.544776206031
2024-05-015061.469919741092
2024-06-016040.238571173192
2024-07-015766.062809502915
2024-08-015611.9712767365245
2024-09-015876.804780710002
2024-10-016048.879695215807
2024-11-016827.843828282618
2024-12-017529.6832593892705
2025-01-017953.892336516294
2025-02-017082.090678404851
2025-03-015594.17362576643
2025-04-016263.830557819148
2025-05-017652.71132098688
2025-06-019007.714791830633
2025-07-019239.548581365169
2025-08-019235.332492901602
2025-09-0110240.451697230988
2025-10-0111137.466307277627
2025-11-0110621.659457991182
2025-12-019578.321504604963
2026-01-018914.148273516417
2026-02-017886.59279225317
2026-03-017113.859926497048
2026-04-019449.285052619847
Annual Return Matrix
YearAnnual Return
2022-0.87152385711076
20232.042310818772326
20240.9875571919357073
20250.27207495649449864
2026-0.013471718601539617
Total Factor Risk
1.2693702877231734
VTI.US Exposure
0.10874858804832256
VEA.US Exposure
-0.003558289205895332
VWO.US Exposure
0.003087845654224698
QQQ.US Exposure
0.14250780106633482
VTV.US Exposure
-0.008019374276927293
IJR.US Exposure
-0.008019892161854045
QUAL.US Exposure
-0.05139280790343797
SHV.US Exposure
0.809121519148078
TLT.US Exposure
0.008740642958692245
LQD.US Exposure
-0.009195151881846494
HYG.US Exposure
-0.0053599754892796735
GLD.US Exposure
0.0001330951756054254
USO.US Exposure
0.0011656442070405778
VNQ.US Exposure
0.0020083946363952296
BTC-USD.CC Exposure
0.0019190977205124134
CPER.US Exposure
-0.00014384830486358156
VIX.INDX Exposure
-0.003520528338029434
UUP.US Exposure
0.0018114358818353865
TIP.US Exposure
0.0006911092935602478
Idiosyncratic Exposure
0.009274693771532349
Value Score
50
Growth Score
50
Profit Score
37.5
Health Score
23.6
Yield Score
0
Moat Score
40

Factor Risk Decomposition

Share of annualised volatility attributable to each macro factor.

Total Est. Vol
126.9%

FundamentalsiCompany financial health metrics: P/E valuation, dividend yield, Piotroski F-Score (9-point profitability signal), Altman Z-Score (bankruptcy risk proxy), and a radar chart across 6 fundamental dimensions. Note: ETFs may show N/A for some metrics.

Fundamental Dimensions

Core Valuation

P/E Ratio (TTM)P/E RatioPrice-to-Earnings ratio — the market price of a stock divided by its earnings per share, a key valuation measure.Click for full definition →N/A
Dividend YieldDividend YieldAnnual dividend paid per share divided by the current share price — expressed as a percentage income return.Click for full definition →0.00%
Market Cap$0
Piotroski F-ScorePiotroski F-ScoreA 9-point scoring system evaluating a company's financial strength across profitability, leverage, and operating efficiency.Click for full definition →
9-point profitability signal
0.0/ 9
Weak
Altman Z-ScoreAltman Z-ScoreA bankruptcy prediction model that combines 5 financial ratios into a single score indicating financial distress risk.Click for full definition →
Bankruptcy risk proxy
1.18
Distress Zone
Income Simulation

Based on $10,000 initial investment.

Total Income Generated
$23
Avg Yield on Cost
0.23%
Annual Income Simulation Table
Historical Realised Yields
YearAnnual PayoutYield on CostQuality
2026$22.750.23%Solid

Momentum & MacroiPrice momentum indicators relative to key technical levels: distance from 50-Day SMA (intermediate trend), 200-Day SMA (long-term trend), 52-Week High (bullish proximity), and Beta (market sensitivity coefficient).

vs 50-Day SMAMoving Averages (SMA)A rolling average of an asset's price over a defined window — used to identify trends and momentum signals.Click for full definition →
+18.9%
Above/below 50-day moving average
vs 200-Day SMAMoving Averages (SMA)A rolling average of an asset's price over a defined window — used to identify trends and momentum signals.Click for full definition →
+1.5%
Above/below 200-day moving average
vs 52-Week High52-Week HighThe highest price an asset reached in the past 52 weeks — a key reference for momentum and valuation context.Click for full definition →
17.5% from high
Distance from 52-week high
BetaBetaA measure of an asset's sensitivity to broad market movements relative to a benchmark (e.g. S&P 500).Click for full definition →
2.72
Market sensitivity coefficient

Frequently Asked Questions & Methodology

Is Direxion Daily Select Large Caps & FANGs Bull 2X Shares a high-risk investment?

Direxion Daily Select Large Caps & FANGs Bull 2X Shares (FNGG.US) has an annualized volatility of 126.9% and experienced a maximum drawdown of 89.3% over the last 10 years. Its primary macro risk driver is SHV.US.

What is the 10-year return of FNGG.US?

Over the past 10 years, FNGG.US has generated a Compound Annual Growth Rate (CAGR) of -1.2%. It has had a positive return in 60% of the years measured.

Data Methodology & Trust

The risk and return information on this page is pre-calculated mathematically using daily market data spanning a 10-year period. Fundamentals (such as P/E Ratio, Market Cap, and Dividend Yield) represent trailing averages and may not immediately reflect real-time live market fluctuations. Advanced scoring models like the Piotroski F-Score and Altman Z-Score are proxies applied to publicly available trailing-twelve-month financial statements and may not account for recent off-balance-sheet events, qualitative company shifts, or sector-specific capital structures. Macroeconomic factor exposures are estimated via multivariate regression against standard market indices. This data is provided for quantitative insight and backtesting research, and should not be misconstrued as tailored financial advice.

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