Diamondback Energy (NASDAQ:FANG) has outperformed the market over the past 5 years by 1.31% on an annualized basis producing an average annual return of 15.65%. Currently, Diamondback Energy has a market capitalization of $34.09 billion. Buying $100 In FANG: If an investor had bought $100 of FANG stock 5 years ago, it would be worth $204.41 today based on a price of $191.12 for FANG at the time of writing. Diamondback Energy’s Performance Over Last 5 YearsFinally — what’s the point of all this? The key insight to take from this article is to note how much of a difference compounded returns ca…