GOOW vs. NRGU

Last updated Jul 18, 2026

GOOW (Roundhill GOOGL WeeklyPay™ ETF) and NRGU (MicroSectors U.S. Big Oil Index 3X Leveraged ETN) are both exchange-traded funds - GOOW is a Derivative Income fund actively managed by Roundhill, while NRGU is a Leveraged Equities fund tracking the Solactive MicroSectors U.S. Big Oil Index (-300%). GOOW is actively managed, while NRGU is passively managed. At a correlation of -0.17, they often move in opposite directions. GOOW charges 0.99%/yr vs 0.95%/yr for NRGU.

Performance

GOOW vs. NRGU - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Roundhill GOOGL WeeklyPay™ ETF (GOOW) 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, GOOW achieves a 10.22% return, which is significantly lower than NRGU's 132.63% return.

GOOW

• 1D: -2.35%
• 1M: -5.93%
• 6M: 3.80%
• YTD: 10.22%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

NRGU

• 1D: 6.71%
• 1M: 31.49%
• 6M: 102.34%
• YTD: 132.63%
• 1Y: 126.07%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

GOOW vs. NRGU - Yearly Performance Comparison

	2026 (YTD)	2025
GOOW Roundhill GOOGL WeeklyPay™ ETF	10.22%	71.16%
NRGU MicroSectors U.S. Big Oil Index 3X Leveraged ETN	132.63%	-5.86%

Correlation

The correlation between GOOW and NRGU is -0.17, 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 Jul 24, 2025	-0.17

GOOW vs. NRGU - Sectors Allocation Comparison

Sectors	GOOW	NRGU
Communication Services	100.0%	-
Basic Materials	-	-
Consumer Cyclical	-	-
Consumer Defensive	-	-
Energy	-	100.0%
Financial Services	-	-
Healthcare	-	-
Industrials	-	-
Real Estate	-	-
Technology	-	-
Utilities	-	-

Return for Risk

GOOW vs. NRGU — Risk / Return Rank

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

GOOW

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

NRGU

NRGU Risk / Return Rank: 58
NRGU Sharpe Ratio Rank: 63
NRGU Sortino Ratio Rank: 55
NRGU Omega Ratio Rank: 53
NRGU Calmar Ratio Rank: 72
NRGU Martin Ratio Rank: 49

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.

GOOW vs. NRGU - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Roundhill GOOGL WeeklyPay™ ETF (GOOW) 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.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

	GOOW	NRGU	Difference
Sharpe ratio: Return per unit of total volatility	—	1.65	—
Sortino ratio: Return per unit of downside risk	—	2.14	—
Omega ratio: Gain probability vs. loss probability	—	1.27	—
Calmar ratio: Return relative to maximum drawdown	—	2.89	—
Martin ratio: Return relative to average drawdown	—	6.47	—

Drawdowns

GOOW vs. NRGU - Drawdown Comparison

The maximum GOOW drawdown since its inception was -24.88%, smaller than the maximum NRGU drawdown of -57.50%. Use the drawdown chart below to compare losses from any high point for GOOW and NRGU.

Drawdown Indicators

	GOOW	NRGU	Difference
Max Drawdown Largest peak-to-trough decline	-24.88%	-57.50%	+32.62%
Max Drawdown (1Y) Largest decline over 1 year	—	-43.89%	—
Current Drawdown Current decline from peak	-17.11%	-19.77%	+2.66%
Average Drawdown Average peak-to-trough decline	-5.86%	-26.04%	+20.18%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	19.57%	—

Volatility

Volatility by Period

	GOOW	NRGU	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	24.11%	—
Volatility (6M) Calculated over the trailing 6-month period	—	63.88%	—
Volatility (1Y) Calculated over the trailing 1-year period	38.10%	77.06%	-38.96%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	38.10%	89.11%	-51.01%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	38.10%	89.11%	-51.01%

GOOW vs. NRGU - Expense Ratio Comparison

GOOW has a 0.99% expense ratio, which is higher than NRGU's 0.95% expense ratio.

Dividends

GOOW vs. NRGU - Dividend Comparison

GOOW's dividend yield for the trailing twelve months is around 42.35%, while NRGU has not paid dividends to shareholders.

Position	TTM	2025
GOOW Roundhill GOOGL WeeklyPay™ ETF	42.35%	19.77%
NRGU MicroSectors U.S. Big Oil Index 3X Leveraged ETN	0.00%	0.00%

Frequently Asked Questions

Can I hold both GOOW and NRGU in my portfolio?

GOOW and NRGU have a correlation of -0.17, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, GOOW or NRGU?

On fees, NRGU is cheaper at 0.95% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, GOOW or NRGU?

NRGU is cheaper with a 0.95% expense ratio, compared with 0.99% for GOOW.

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

GOOW has the higher dividend yield at 42.35%, compared with 0.00% for NRGU.

What is the main difference between GOOW and NRGU?

GOOW is categorized as Derivative Income, while NRGU is Leveraged Equities. They also come from different issuers: Roundhill and BMO. Their fees differ too: 0.99% for GOOW and 0.95% for NRGU.