MicroSectors U.S. Big Oil Index -3X Inverse Leveraged ETN (NRGD) belongs to the Leveraged Equities category. Below you'll find alternative ETFs from the same category, ranked by key criteria, plus funds that investors commonly compare with NRGD. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to NRGD
NRGD charges 0.95% annually. There are 97 ETFs in the Leveraged Equities category with lower expense ratios, going as low as 0.35%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| WisdomTree Efficient U.S. Plus International Equit... | 0.35% | 43.18M | Mar 2026 | NRGD vs NTSD | |
| Corgi BRKB 2x Daily ETF | 0.45% | — | Jul 2026 | NRGD vs BRKL | |
| ETRACS IFED Invest with the Fed TR Index ETN | 0.45% | 48.07M | Sep 2021 | NRGD vs IFED | |
| Direxion Daily S&P 500 Bull 2X ETF | 0.60% | 260.25M | May 2014 | NRGD vs SPUU | |
| Leverage Shares 2x Long NEM Daily ETF | 0.75% | 1.07M | Nov 2025 | NRGD vs NEMG |
Best Risk-Adjusted Alternatives to NRGD
NRGD has a PortfoliosLab risk / return rank of 1. There are 274 ETFs in the Leveraged Equities category with higher risk-adjusted ranks, going as high as 98.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| Direxion Daily MU Bull 2X Shares | 98 | 3.86B | Oct 2024 | NRGD vs MUU | |
| GraniteShares 2x Long MU Daily ETF | 98 | 531.06M | Nov 2024 | NRGD vs MULL | |
| Innovator U.S. Equity Accelerated Plus ETF | 98 | 22.69M | Apr 2021 | NRGD vs XTAP | |
| Innovator Growth Accelerated Plus ETF - April | 97 | 20.37M | Apr 2021 | NRGD vs QTAP | |
| GraniteShares 2x Long INTC Daily ETF | 97 | 282.58M | Feb 2025 | NRGD vs INTW |
Top Performing NRGD Alternatives (YTD)
NRGD is at -75.22% YTD. There are 356 ETFs in the Leveraged Equities category with higher YTD returns, going as high as 699.96%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| GraniteShares 2x Long DELL Daily ETF | 699.96% | 101.24M | Feb 2025 | NRGD vs DLLL | |
| Direxion Daily MU Bull 2X Shares | 378.90% | 3.86B | Oct 2024 | NRGD vs MUU | |
| GraniteShares 2x Long MU Daily ETF | 365.77% | 531.06M | Nov 2024 | NRGD vs MULL | |
| Direxion Daily INTC Bull 2X Shares | 266.23% | 63.06M | Nov 2025 | NRGD vs LINT | |
| GraniteShares 2x Long INTC Daily ETF | 265.05% | 282.58M | Feb 2025 | NRGD vs INTW |
Lowest Volatility Alternatives to NRGD
NRGD has 76.09% 1-year volatility. There are 204 ETFs in the Leveraged Equities category with lower 1-year volatility, going as low as 4.89%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Innovator U.S. Equity Accelerated Plus ETF | 4.89% | 22.69M | Apr 2021 | NRGD vs XTAP | |
| Innovator Growth Accelerated Plus ETF - April | 6.61% | 20.37M | Apr 2021 | NRGD vs QTAP | |
| Innovator U.S. Equity Accelerated Plus ETF - July | 7.75% | 13.42M | Jul 2021 | NRGD vs XTJL | |
| Innovator US Equity Accelerated ETF | 10.94% | 69.34M | Apr 2021 | NRGD vs XDSQ | |
| Innovator Growth Accelerated Plus ETF - July | 11.73% | 19.11M | Jul 2021 | NRGD vs QTJL |
Lowest Drawdown Alternatives to NRGD
NRGD has a 1-year max drawdown of -82.12%. There are 235 ETFs in the Leveraged Equities category with shallower 1-year drawdowns, going as shallow as -1.72%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Innovator U.S. Equity Accelerated Plus ETF | -1.72% | 22.69M | Apr 2021 | NRGD vs XTAP | |
| Innovator Growth Accelerated Plus ETF - April | -2.81% | 20.37M | Apr 2021 | NRGD vs QTAP | |
| Innovator U.S. Equity Accelerated Plus ETF - July | -5.12% | 13.42M | Jul 2021 | NRGD vs XTJL | |
| Innovator Growth Accelerated Plus ETF - July | -8.48% | 19.11M | Jul 2021 | NRGD vs QTJL | |
| Innovator US Equity Accelerated ETF | -9.60% | 69.34M | Apr 2021 | NRGD vs XDSQ |
Other ETFs from BMO
The 10 most viewed BMO ETFs shown here include FNGU, FNGS, FNGO and span 9 categories. AUM among these funds goes as high as $5B.
Often Compared With NRGD
Investors most often compare NRGD with SCO, DRIP, DUG. These 20 comparison targets span 12 categories, based on PortfoliosLab usage data.
Compare NRGD with Any Fund or Stock
Compare NRGD with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair NRGD with funds that move differently
MicroSectors U.S. Big Oil Index -3X Inverse Leveraged ETN alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to NRGD.
Explore NRGD Diversifiers