AEIS vs. NRGU

Last updated Jun 4, 2026

AEIS (Advanced Energy Industries, Inc.) is a stock, while NRGU (MicroSectors U.S. Big Oil Index 3X Leveraged ETN) is Leveraged Equities fund tracking the Solactive MicroSectors U.S. Big Oil Index (-300%). Over the past year, AEIS returned 171.97% vs 171.19% for NRGU. At a 0.09 correlation, their price movements are largely independent.

Performance

AEIS vs. NRGU - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Advanced Energy Industries, Inc. (AEIS) and MicroSectors U.S. Big Oil Index 3X Leveraged ETN (NRGU). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, AEIS achieves a 54.13% return, which is significantly lower than NRGU's 125.94% return.

AEIS

• 1D: 3.27%
• 1M: -16.65%
• YTD: 54.13%
• 6M: 51.19%
• 1Y: 171.97%
• 3Y*: 48.52%
• 5Y*: 26.15%
• 10Y*: 24.03%

NRGU

• 1D: -1.47%
• 1M: -6.46%
• YTD: 125.94%
• 6M: 93.16%
• 1Y: 171.19%
• 3Y*: —
• 5Y*: —
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

AEIS vs. NRGU - Yearly Performance Comparison

	2026 (YTD)	2025
AEIS Advanced Energy Industries, Inc.	54.13%	61.18%
NRGU MicroSectors U.S. Big Oil Index 3X Leveraged ETN	125.94%	-33.00%

Correlation

The correlation between AEIS and NRGU is -0.05, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	-0.05
Correlation (All Time) Calculated using the full available price history since Feb 21, 2025	0.09

The correlation between AEIS and NRGU shifts across timeframes, from -0.05 (1 year) to 0.09 (all time), reflecting how their relationship changes across market environments.

Return for Risk

AEIS vs. NRGU — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

AEIS

AEIS Risk / Return Rank: 94
AEIS Sharpe Ratio Rank: 96
AEIS Sortino Ratio Rank: 93
AEIS Omega Ratio Rank: 92
AEIS Calmar Ratio Rank: 95
AEIS Martin Ratio Rank: 97

NRGU

NRGU Risk / Return Rank: 64
NRGU Sharpe Ratio Rank: 72
NRGU Sortino Ratio Rank: 53
NRGU Omega Ratio Rank: 53
NRGU Calmar Ratio Rank: 82
NRGU Martin Ratio Rank: 61

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.

AEIS vs. NRGU - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Advanced Energy Industries, Inc. (AEIS) and MicroSectors U.S. Big Oil Index 3X Leveraged ETN (NRGU). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

	AEIS	NRGU	Difference
Sharpe ratio: Return per unit of total volatility	3.47	2.31	+1.16
Sortino ratio: Return per unit of downside risk	3.64	2.55	+1.09
Omega ratio: Gain probability vs. loss probability	1.49	1.32	+0.16
Calmar ratio: Return relative to maximum drawdown	7.14	4.31	+2.83
Martin ratio: Return relative to average drawdown	26.01	10.74	+15.27
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

AEIS vs. NRGU - Sharpe Ratio Comparison

The current AEIS Sharpe Ratio is 3.47, which is higher than the NRGU Sharpe Ratio of 2.31. The chart below compares the historical Sharpe Ratios of AEIS and NRGU, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	AEIS	NRGU	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	3.47	2.31	+1.16
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.61	—	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.54	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.20	0.43	-0.23

Drawdowns

AEIS vs. NRGU - Drawdown Comparison

The maximum AEIS drawdown since its inception was -92.51%, which is greater than NRGU's maximum drawdown of -57.50%. Use the drawdown chart below to compare losses from any high point for AEIS and NRGU.

Drawdown Indicators

	AEIS	NRGU	Difference
Max Drawdown Largest peak-to-trough decline	-92.51%	-57.50%	-35.01%
Max Drawdown (1Y) Largest decline over 1 year	-24.24%	-39.95%	+15.71%
Max Drawdown (3Y) Largest decline over 3 years	-39.87%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-39.87%	—	—
Max Drawdown (10Y) Largest decline over 10 years	-62.28%	—	—
Current Drawdown Current decline from peak	-17.08%	-22.07%	+4.99%
Average Drawdown Average peak-to-trough decline	-52.30%	-25.41%	-26.89%
Ulcer Index Depth and duration of drawdowns from previous peaks	6.64%	16.01%	-9.37%

Volatility

AEIS vs. NRGU - Volatility Comparison

The current volatility for Advanced Energy Industries, Inc. (AEIS) is 19.62%, while MicroSectors U.S. Big Oil Index 3X Leveraged ETN (NRGU) has a volatility of 31.62%. This indicates that AEIS experiences smaller price fluctuations and is considered to be less risky than NRGU based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	AEIS	NRGU	Difference
Volatility (1M) Calculated over the trailing 1-month period	19.62%	31.62%	-12.00%
Volatility (6M) Calculated over the trailing 6-month period	39.41%	61.19%	-21.78%
Volatility (1Y) Calculated over the trailing 1-year period	49.99%	75.02%	-25.03%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	42.76%	89.03%	-46.27%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	44.33%	89.03%	-44.70%

Dividends

AEIS vs. NRGU - Dividend Comparison

AEIS's dividend yield for the trailing twelve months is around 0.12%, while NRGU has not paid dividends to shareholders.

Position	TTM	2025	2024	2023	2022	2021
AEIS Advanced Energy Industries, Inc.	0.12%	0.19%	0.35%	0.37%	0.47%	0.44%
NRGU MicroSectors U.S. Big Oil Index 3X Leveraged ETN	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both AEIS and NRGU in my portfolio?

AEIS and NRGU have a correlation of -0.05, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, AEIS or NRGU?

NRGU has higher volatility (31.62%) compared to AEIS (19.62%). In terms of maximum drawdown, AEIS dropped -92.51% vs NRGU's -57.50%.

Which has better risk-adjusted returns?

AEIS currently has the higher Sharpe Ratio (3.47 vs 2.31), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.