MicroSectors Solactive FANG & Innovation -3X Inverse Leveraged ETN (BERZ)
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
| ISIN | US0636795918 |
|---|---|
| CUSIP | 63679591 |
| Issuer | BMO Financial Group |
| Inception Date | Aug 17, 2021 |
| Region | North America (U.S.) |
| Category | Inverse Equities |
| Expense Ratio | 0.95% |
| Index Tracked | Solactive FANG Innovation Index |
| ETF Home Page | www.microsectors.com |
| Asset Class | Equity |
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
Loading data...
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.
BERZCompare to other instruments
BERZReturns in periods
| Period | Return | Benchmark |
|---|---|---|
| 1M | -10.53% | 1.45% |
| 6M | 3.96% | -4.82% |
| YTD | 79.99% | -16.96% |
| 1Y | 81.36% | -13.86% |
| 5Y | 19.50% | -7.94% |
| 10Y | 19.50% | -7.94% |
BERZMonthly Returns Heatmap
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2022 | 32.35% | 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% |
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.
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, 2022 | 40 | Aug 15, 2022 | 40 | Oct 11, 2022 | 80 |
| -49.8% | Mar 15, 2022 | 11 | Mar 29, 2022 | 19 | Apr 26, 2022 | 30 |
| -42.47% | Oct 17, 2022 | 22 | Nov 15, 2022 | — | — | — |
| -38.32% | Oct 5, 2021 | 34 | Nov 19, 2021 | 42 | Jan 21, 2022 | 76 |
| -35.97% | May 12, 2022 | 15 | Jun 2, 2022 | 7 | Jun 13, 2022 | 22 |
| -26.42% | Jan 28, 2022 | 3 | Feb 1, 2022 | 14 | Feb 22, 2022 | 17 |
| -26.34% | Feb 24, 2022 | 3 | Feb 28, 2022 | 5 | Mar 7, 2022 | 8 |
| -24.72% | Apr 28, 2022 | 5 | May 4, 2022 | 3 | May 9, 2022 | 8 |
| -18% | Aug 19, 2021 | 8 | Aug 30, 2021 | 24 | Oct 4, 2021 | 32 |
| -15.21% | Mar 8, 2022 | 2 | Mar 9, 2022 | 3 | Mar 14, 2022 | 5 |
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.