MicroSectors U.S. Big Oil Index -3X Inverse Leveraged ETN (NRGD)
NRGD is a passive ETF by BMO Financial Group tracking the investment results of the Solactive MicroSectors U.S. Big Oil Index (-300%). NRGD launched on Apr 9, 2019 and has a 0.95% expense ratio.
ETF Info
| ISIN | US0636797245 |
|---|---|
| CUSIP | 063679633 |
| Issuer | BMO Financial Group |
| Inception Date | Apr 9, 2019 |
| Region | North America (U.S.) |
| Category | Leveraged Equities, Leveraged |
| Leveraged | 3x |
| Index Tracked | Solactive MicroSectors U.S. Big Oil Index (-300%) |
| Asset Class | Equity |
Asset Class Size | Multi-Cap |
Expense Ratio
NRGD has a high expense ratio of 0.95%, indicating higher-than-average management fees.
Share Price Chart
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Compare to other instruments
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Popular comparisons: NRGD vs. SCO, NRGD vs. NRGU, NRGD vs. DRIP, NRGD vs. SCHD, NRGD vs. YANG, NRGD vs. BOIL, NRGD vs. DUG, NRGD vs. SOXS, NRGD vs. OILD, NRGD vs. MLI
Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in MicroSectors U.S. Big Oil Index -3X Inverse Leveraged ETN, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.
Returns By Period
| Period | Return | Benchmark |
|---|---|---|
| Year-To-Date | N/A | 25.70% |
| 1 month | N/A | 3.51% |
| 6 months | N/A | 14.80% |
| 1 year | N/A | 37.91% |
| 5 years (annualized) | N/A | 14.18% |
| 10 years (annualized) | N/A | 11.41% |
Monthly Returns
The table below presents the monthly returns of NRGD, with color gradation from worst to best to easily spot seasonal factors. Returns are adjusted for dividends.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | -5.31% | -6.64% | -28.77% | 4.41% | 7.03% | 3.84% | -1.28% | 0.00% | -27.87% | ||||
| 2023 | -11.28% | 24.90% | -10.54% | -3.13% | 29.12% | -16.69% | -26.23% | -6.37% | -9.09% | 12.84% | 0.78% | -3.38% | -28.72% |
| 2022 | -44.67% | -22.20% | -30.41% | -3.21% | -47.47% | 58.29% | -28.40% | -21.78% | 19.98% | -49.17% | -6.26% | 12.69% | -91.30% |
| 2021 | -17.84% | -57.17% | -10.60% | -6.35% | -21.67% | -18.30% | 31.25% | -1.12% | -30.90% | -28.65% | 17.10% | -14.14% | -87.87% |
| 2020 | 34.40% | 47.80% | 46.38% | -72.93% | -20.44% | -30.13% | 9.01% | 6.99% | 54.18% | 13.41% | -75.15% | -27.52% | -83.93% |
| 2019 | -10.23% | 48.18% | -26.70% | -0.08% | 26.49% | -21.36% | -1.21% | -8.68% | -10.27% | -21.56% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current rank of NRGD is 3, indicating that it is in the bottom 3% of ETFs on our website in terms of risk-adjusted performance. This ranking is based on the combined values of the indicators listed below.
Risk-Adjusted Performance Indicators
The charts below present risk-adjusted performance metrics for MicroSectors U.S. Big Oil Index -3X Inverse Leveraged ETN (NRGD) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
Dividends
Dividend History
Drawdowns
Drawdowns Chart
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.
Worst Drawdowns
The table below displays the maximum drawdowns of the MicroSectors U.S. Big Oil Index -3X Inverse Leveraged ETN. 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 MicroSectors U.S. Big Oil Index -3X Inverse Leveraged ETN was 99.99%, occurring on Apr 5, 2024. The portfolio has not yet recovered.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -99.99% | Mar 24, 2020 | 1016 | Apr 5, 2024 | — | — | — |
| -48.72% | Aug 28, 2019 | 90 | Jan 6, 2020 | 36 | Feb 27, 2020 | 126 |
| -28.56% | Jun 3, 2019 | 29 | Jul 12, 2019 | 23 | Aug 14, 2019 | 52 |
| -21.74% | Mar 10, 2020 | 1 | Mar 10, 2020 | 2 | Mar 12, 2020 | 3 |
| -16.11% | Apr 11, 2019 | 7 | Apr 22, 2019 | 8 | May 2, 2019 | 15 |
Volatility
Volatility Chart
The current MicroSectors U.S. Big Oil Index -3X Inverse Leveraged ETN volatility is 0.00%, representing the average percentage change in the investments's value, either up or down over the past month. The chart below shows the rolling one-month volatility.