ENHU vs. NRGU

Last updated Jun 6, 2026

ENHU (iShares Enhanced Large Cap Core Active ETF) and NRGU (MicroSectors U.S. Big Oil Index 3X Leveraged ETN) are both exchange-traded funds - ENHU is a Large Cap Blend Equities fund actively managed by iShares, while NRGU is a Leveraged Equities fund tracking the Solactive MicroSectors U.S. Big Oil Index (-300%). ENHU is actively managed, while NRGU is passively managed. At a correlation of -0.21, they often move in opposite directions. ENHU charges 0.22%/yr vs 0.95%/yr for NRGU.

Performance

ENHU vs. NRGU - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in iShares Enhanced Large Cap Core Active ETF (ENHU) 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, ENHU achieves a 8.52% return, which is significantly lower than NRGU's 111.49% return.

ENHU

• 1D: -2.56%
• 1M: 0.22%
• YTD: 8.52%
• 6M: 8.42%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

NRGU

• 1D: -6.40%
• 1M: 4.99%
• YTD: 111.49%
• 6M: 82.61%
• 1Y: 156.47%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

ENHU vs. NRGU - Yearly Performance Comparison

	2026 (YTD)	2025
ENHU iShares Enhanced Large Cap Core Active ETF	8.52%	1.32%
NRGU MicroSectors U.S. Big Oil Index 3X Leveraged ETN	111.49%	1.27%

Correlation

The correlation between ENHU and NRGU is -0.21, meaning they tend to move in opposite directions. This is especially valuable for risk management - when one declines, the other has historically tended to hold steady or rise.

	Correlation
Correlation (All Time) Calculated using the full available price history since Nov 6, 2025	-0.21

Return for Risk

ENHU vs. NRGU — Risk / Return Rank

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

NRGU

NRGU Risk / Return Rank: 61
NRGU Sharpe Ratio Rank: 65
NRGU Sortino Ratio Rank: 52
NRGU Omega Ratio Rank: 51
NRGU Calmar Ratio Rank: 79
NRGU Martin Ratio Rank: 57

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.

ENHU vs. NRGU - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for iShares Enhanced Large Cap Core Active ETF (ENHU) 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.

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

Sharpe Ratios by Period

	ENHU	NRGU	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	2.10	—
Sharpe Ratio (All Time) Calculated using the full available price history	1.33	0.35	+0.98

Drawdowns

ENHU vs. NRGU - Drawdown Comparison

The maximum ENHU drawdown since its inception was -8.98%, smaller than the maximum NRGU drawdown of -57.50%. Use the drawdown chart below to compare losses from any high point for ENHU and NRGU.

Drawdown Indicators

	ENHU	NRGU	Difference
Max Drawdown Largest peak-to-trough decline	-8.98%	-57.50%	+48.52%
Max Drawdown (1Y) Largest decline over 1 year	—	-39.95%	—
Current Drawdown Current decline from peak	-2.80%	-27.06%	+24.26%
Average Drawdown Average peak-to-trough decline	-1.49%	-25.41%	+23.92%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	16.10%	—

Volatility

Volatility by Period

	ENHU	NRGU	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	26.47%	—
Volatility (6M) Calculated over the trailing 6-month period	—	61.54%	—
Volatility (1Y) Calculated over the trailing 1-year period	13.58%	75.00%	-61.42%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	13.58%	89.08%	-75.50%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	13.58%	89.08%	-75.50%

ENHU vs. NRGU - Expense Ratio Comparison

ENHU has a 0.22% expense ratio, which is lower than NRGU's 0.95% expense ratio.

Dividends

ENHU vs. NRGU - Dividend Comparison

ENHU's dividend yield for the trailing twelve months is around 0.35%, while NRGU has not paid dividends to shareholders.

Position	TTM	2025
ENHU iShares Enhanced Large Cap Core Active ETF	0.35%	0.17%
NRGU MicroSectors U.S. Big Oil Index 3X Leveraged ETN	0.00%	0.00%

Frequently Asked Questions

Can I hold both ENHU and NRGU in my portfolio?

ENHU and NRGU have a correlation of -0.21, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, ENHU or NRGU?

On fees, ENHU is cheaper at 0.22% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, ENHU or NRGU?

ENHU is cheaper with a 0.22% expense ratio, compared with 0.95% for NRGU.

Which ETF pays a higher dividend yield, ENHU or NRGU?

ENHU has the higher dividend yield at 0.35%, compared with 0.00% for NRGU.

What is the main difference between ENHU and NRGU?

ENHU is categorized as Large Cap Blend Equities, while NRGU is Leveraged Equities. They also come from different issuers: iShares and BMO. Their fees differ too: 0.22% for ENHU and 0.95% for NRGU.