Ninepoint Energy ETF (NNRG.NEO)

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The chart shows the growth of an initial investment of CA$10,000 in Ninepoint Energy ETF, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.

Ninepoint Energy ETF (NNRG.NEO) has returned 37.70% so far this year and 54.48% over the past 12 months.

Based on dividend-adjusted daily data since May 11, 2021, NNRG.NEO's average daily return is +0.15%, while the average monthly return is +3.00%. At this rate, your investment would double in approximately 2.0 years.

Historically, 63% of months were positive and 37% were negative. The best month was Oct 2022 with a return of +27.6%, while the worst month was Jun 2022 at -15.7%. The longest winning streak lasted 6 consecutive months, and the longest losing streak was 3 months.

On a daily basis, NNRG.NEO closed higher 55% of trading days. The best single day was Dec 29, 2022 with a return of +12.5%, while the worst single day was Jun 23, 2022 at -9.6%.

Ninepoint Energy ETF has an annualized alpha of 29.61%, beta of 0.51, and R² of 0.05 versus S&P 500 Index. Calculated based on daily prices since May 12, 2021.

• This ETF captured 45.75% of S&P 500 Index gains and tended to rise during its downturns (downside capture of -130.13%) — a profile typical of hedging or uncorrelated assets.
• Beta of 0.51 may look defensive, but with R² of 0.05 this ETF is largely uncorrelated with S&P 500 Index — low beta reflects independence, not downside protection. See the Volatility section for a true picture of this ETF's risk.
• R² of 0.05 means this ETF moves largely independently of S&P 500 Index — capture ratios reflect limited market correlation rather than active downside protection. Consider using a more representative benchmark.

NNRG.NEO has a high expense ratio of 1.79%, indicating above-average management fees.

NNRG.NEO ranks 86 for risk / return — in the top 86% of ETFs on our site. This means strong returns relative to risk — exactly what professional investors look for. Well-suited for investors who want to maximize return per unit of risk.

The table below present risk-adjusted performance metrics for Ninepoint Energy ETF (NNRG.NEO) and compare them to a chosen benchmark (S&P 500 Index).

Ninepoint Energy ETF provided a 0.54% dividend yield over the last twelve months, with an annual payout of CA$0.44 per share. The fund has been increasing its distributions for 2 consecutive years.

The table displays the monthly dividend distributions for Ninepoint Energy ETF. The dividends shown in the table have been adjusted to account for any splits that may have occurred.

The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.

The table below displays the maximum drawdowns of the Ninepoint Energy ETF. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.

The maximum drawdown for the Ninepoint Energy ETF was 35.78%, occurring on Sep 26, 2022. Recovery took 243 trading sessions.

The current Ninepoint Energy ETF drawdown is 1.13%.

The chart below shows the rolling one-month volatility.