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MicroSectors Solactive FANG & Innovation -3X Inverse Leveraged ETN (BERZ)

ETF · Currency in USD · Last updated Nov 30, 2022

BERZ is a passive ETF by BMO Financial Group tracking the investment results of the Solactive FANG Innovation Index. BERZ launched on Aug 17, 2021 and has a 0.95% expense ratio.

ETF Info

ISINUS0636795918
CUSIP63679591
IssuerBMO Financial Group
Inception DateAug 17, 2021
RegionNorth America (U.S.)
CategoryInverse Equities
Expense Ratio0.95%
Index TrackedSolactive FANG Innovation Index
ETF Home Pagewww.microsectors.com
Asset ClassEquity

Trading Data

Previous Close$31.30
Year Range$16.46 - $47.19
EMA (50)$35.09
EMA (200)$31.16
Average Volume$486.87K

BERZShare Price Chart


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BERZPerformance

The chart shows the growth of $10,000 invested in MicroSectors Solactive FANG & Innovation -3X Inverse Leveraged ETN in Aug 2021 and compares it to the S&P 500 index or another benchmark. It would be worth nearly $12,566 for a total return of roughly 25.66%. All prices are adjusted for splits and dividends.


-20.00%0.00%20.00%40.00%60.00%80.00%JulyAugustSeptemberOctoberNovember
17.67%
-5.25%
BERZ (MicroSectors Solactive FANG & Innovation -3X Inverse Leveraged ETN)
Benchmark (^GSPC)

BERZCompare to other instruments

Search for stocks, ETFs, and funds to compare with BERZ

BERZReturns in periods

Returns over 1 year are annualized

PeriodReturnBenchmark
1M-10.53%1.45%
6M3.96%-4.82%
YTD79.99%-16.96%
1Y81.36%-13.86%
5Y19.50%-7.94%
10Y19.50%-7.94%

BERZMonthly Returns Heatmap


JanFebMarAprMayJunJulAugSepOctNovDec
202232.35%6.03%-18.69%73.66%-11.77%36.18%-40.04%19.87%45.24%-15.01%-14.79%
2021-15.10%13.02%-23.37%-7.41%2.54%

BERZSharpe Ratio Chart

The Sharpe ratio shows whether the portfolio's excess returns are due to smart investment decisions or a result of taking a higher risk. The higher a portfolio's Sharpe ratio, the better its risk-adjusted performance.

The current MicroSectors Solactive FANG & Innovation -3X Inverse Leveraged ETN Sharpe ratio is 0.75. A Sharpe ratio between 0 and 1.0 is considered sub-optimal.

The chart below displays rolling 12-month Sharpe Ratio.


-1.00-0.500.000.501.00Aug 21Aug 28Sep 04Sep 11Sep 18Sep 25Oct 02Oct 09Oct 16Oct 23Oct 30Nov 06Nov 13Nov 20Nov 27
0.75
-0.63
BERZ (MicroSectors Solactive FANG & Innovation -3X Inverse Leveraged ETN)
Benchmark (^GSPC)

BERZDividend History


MicroSectors Solactive FANG & Innovation -3X Inverse Leveraged ETN doesn't pay dividends

BERZDrawdowns Chart

The Drawdowns chart displays portfolio losses from any high point along the way.


-60.00%-50.00%-40.00%-30.00%-20.00%-10.00%0.00%2022FebruaryMarchAprilMayJuneJulyAugustSeptemberOctoberNovember
-32.10%
-17.49%
BERZ (MicroSectors Solactive FANG & Innovation -3X Inverse Leveraged ETN)
Benchmark (^GSPC)

BERZWorst Drawdowns

The table below shows the maximum drawdowns of the MicroSectors Solactive FANG & Innovation -3X Inverse Leveraged ETN. A maximum drawdown is an indicator of risk. It shows a reduction in portfolio value from its maximum due to a series of losing trades.

The maximum drawdown since January 2010 for the MicroSectors Solactive FANG & Innovation -3X Inverse Leveraged ETN is 56.41%, recorded on Aug 15, 2022. It took 40 trading sessions for the portfolio to recover.


Depth

Start

To Bottom

Bottom

To Recover

End

Total

-56.41%Jun 17, 202240Aug 15, 202240Oct 11, 202280
-49.8%Mar 15, 202211Mar 29, 202219Apr 26, 202230
-42.47%Oct 17, 202222Nov 15, 2022
-38.32%Oct 5, 202134Nov 19, 202142Jan 21, 202276
-35.97%May 12, 202215Jun 2, 20227Jun 13, 202222
-26.42%Jan 28, 20223Feb 1, 202214Feb 22, 202217
-26.34%Feb 24, 20223Feb 28, 20225Mar 7, 20228
-24.72%Apr 28, 20225May 4, 20223May 9, 20228
-18%Aug 19, 20218Aug 30, 202124Oct 4, 202132
-15.21%Mar 8, 20222Mar 9, 20223Mar 14, 20225

BERZVolatility Chart

Current MicroSectors Solactive FANG & Innovation -3X Inverse Leveraged ETN volatility is 79.49%. The chart below shows the rolling 10-day volatility. Volatility is a statistical measure showing how big price swings are in either direction. The higher asset volatility, the riskier it is, because the price movements are less predictable.


0.00%50.00%100.00%150.00%200.00%JulyAugustSeptemberOctoberNovember
79.49%
13.39%
BERZ (MicroSectors Solactive FANG & Innovation -3X Inverse Leveraged ETN)
Benchmark (^GSPC)