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MicroSectors U.S. Big Oil Index 3X Leveraged ETN (...
Performance
Return for Risk
Dividends
Drawdowns
Volatility

ETF Info

ISIN
US0636798151
CUSIP
06367V105
Issuer
BMO
Inception Date
Apr 9, 2019
Region
North America (U.S.)
Leveraged
3x
Index Tracked
Solactive MicroSectors U.S. Big Oil Index (-300%)
Distribution Policy
Accumulating
Asset Class
Equity
Asset Class Size
Mid-Cap
Asset Class Style
Blend

Share Price Chart


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Performance

Performance Chart

The chart shows the growth of an initial investment of $10,000 in MicroSectors U.S. Big Oil Index 3X 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.


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S&P 500 Index

Returns By Period

MicroSectors U.S. Big Oil Index 3X Leveraged ETN (NRGU) has returned 168.34% so far this year and 92.20% over the past 12 months.


MicroSectors U.S. Big Oil Index 3X Leveraged ETN

1D
-5.28%
1M
54.17%
YTD
168.34%
6M
128.96%
1Y
92.20%
3Y*
5Y*
10Y*

Benchmark (S&P 500 Index)

1D
2.91%
1M
-5.09%
YTD
-4.63%
6M
-2.39%
1Y
16.33%
3Y*
16.69%
5Y*
10.18%
10Y*
12.16%
*Multi-year figures are annualized to reflect compound growth (CAGR)

Monthly Returns

Based on dividend-adjusted daily data since Feb 20, 2025, NRGU's average daily return is +0.37%, while the average monthly return is +7.09%. At this rate, your investment would double in approximately 0.8 years.

Historically, 64% of months were positive and 36% were negative. The best month was Mar 2026 with a return of +54.2%, while the worst month was Apr 2025 at -46.4%. The longest winning streak lasted 4 consecutive months, and the longest losing streak was 2 months.

On a daily basis, NRGU closed higher 53% of trading days. The best single day was Apr 9, 2025 with a return of +29.3%, while the worst single day was Apr 3, 2025 at -30.4%.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
202634.46%29.45%54.17%168.34%
2025-10.07%4.01%-46.37%9.68%12.38%12.62%17.04%-3.66%-11.12%6.80%-10.12%-33.00%

Benchmark Metrics

MicroSectors U.S. Big Oil Index 3X Leveraged ETN has an annualized alpha of 109.24%, beta of 2.39, and R² of 0.26 versus S&P 500 Index. Calculated based on daily prices since February 21, 2025.

  • This ETF captured 465.40% of S&P 500 Index gains but only 71.22% of its losses — a favorable profile for investors.
  • R² of 0.26 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.

Alpha
109.24%
Beta
2.39
0.26
Upside Capture
465.40%
Downside Capture
71.22%

Expense Ratio

NRGU has a high expense ratio of 0.95%, indicating above-average management fees.


Return for Risk

Risk / Return Rank

NRGU ranks 59 for risk / return — on par with similar ETFs. You're getting a typical balance of risk and reward. Not a standout, but not a red flag either — a reasonable choice if other factors align with your goals.


NRGU Risk / Return Rank: 5959
Overall Rank
NRGU Sharpe Ratio Rank: 5858
Sharpe Ratio Rank
NRGU Sortino Ratio Rank: 6565
Sortino Ratio Rank
NRGU Omega Ratio Rank: 6565
Omega Ratio Rank
NRGU Calmar Ratio Rank: 6868
Calmar Ratio Rank
NRGU Martin Ratio Rank: 3838
Martin Ratio Rank
The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

Return / Risk — by metrics

The table below present risk-adjusted performance metrics for MicroSectors U.S. Big Oil Index 3X Leveraged ETN (NRGU) and compare them to a chosen benchmark (S&P 500 Index).


NRGUBenchmarkDifference

Sharpe ratio

Return per unit of total volatility

1.06

0.90

+0.16

Sortino ratio

Return per unit of downside risk

1.70

1.39

+0.31

Omega ratio

Gain probability vs. loss probability

1.25

1.21

+0.03

Calmar ratio

Return relative to maximum drawdown

1.79

1.40

+0.39

Martin ratio

Return relative to average drawdown

3.65

6.61

-2.95

Explore NRGU risk-adjusted metrics in detail

Dive deeper into individual metrics with historical trends, benchmark comparisons, and performance across different time periods.

Dividends

Dividend History


MicroSectors U.S. Big Oil Index 3X Leveraged ETN doesn't pay dividends

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.


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Worst Drawdowns

The table below displays the maximum drawdowns of the MicroSectors U.S. Big Oil Index 3X 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 Leveraged ETN was 57.50%, occurring on Apr 10, 2025. Recovery took 205 trading sessions.

The current MicroSectors U.S. Big Oil Index 3X Leveraged ETN drawdown is 7.45%.


Depth

Start

To Bottom

Bottom

To Recover

End

Total

-57.5%Feb 21, 202535Apr 10, 2025205Feb 4, 2026240
-7.6%Feb 12, 20261Feb 12, 20264Feb 19, 20265
-7.45%Mar 30, 20262Mar 31, 2026
-7.25%Mar 9, 20262Mar 10, 20261Mar 11, 20263
-4.84%Feb 23, 20263Feb 25, 20262Feb 27, 20265

Volatility

Volatility Chart

The chart below shows the rolling one-month volatility.


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