MSII vs. NRGU

Last updated Apr 1, 2026

Compare and contrast key facts about REX MSTR Growth & Income ETF (MSII) and MicroSectors U.S. Big Oil Index 3X Leveraged ETN (NRGU).

MSII and NRGU are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. MSII is an actively managed fund by REX. It was launched on Jun 4, 2025. NRGU is a passively managed fund by BMO that tracks the performance of the Solactive MicroSectors U.S. Big Oil Index (-300%). It was launched on Apr 9, 2019.

Performance

MSII vs. NRGU - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in REX MSTR Growth & Income ETF (MSII) and MicroSectors U.S. Big Oil Index 3X Leveraged ETN (NRGU). The values are adjusted to include any dividend payments, if applicable.

MSII vs. NRGU - Yearly Performance Comparison

	2026 (YTD)	2025
MSII REX MSTR Growth & Income ETF	-16.31%	-60.25%
NRGU MicroSectors U.S. Big Oil Index 3X Leveraged ETN	168.34%	20.03%

Returns By Period

In the year-to-date period, MSII achieves a -16.31% return, which is significantly lower than NRGU's 168.34% return.

MSII

• 1D: 3.01%
• 1M: 0.58%
• YTD: -16.31%
• 6M: -61.81%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

NRGU

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

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

MSII vs. NRGU - Expense Ratio Comparison

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

MSII

REX MSTR Growth & Income ETF

NRGU

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

Return for Risk

MSII 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: 63
NRGU Sharpe Ratio Rank: 62
NRGU Sortino Ratio Rank: 69
NRGU Omega Ratio Rank: 69
NRGU Calmar Ratio Rank: 72
NRGU Martin Ratio Rank: 41

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.

MSII vs. NRGU - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for REX MSTR Growth & Income ETF (MSII) 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

	MSII	NRGU	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	1.06	—
Sharpe Ratio (All Time) Calculated using the full available price history	-1.03	0.81	-1.84

Correlation

The correlation between MSII and NRGU is 0.07, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.

Dividends

MSII vs. NRGU - Dividend Comparison

MSII's dividend yield for the trailing twelve months is around 74.46%, while NRGU has not paid dividends to shareholders.

	TTM	2025
MSII REX MSTR Growth & Income ETF	74.46%	48.93%
NRGU MicroSectors U.S. Big Oil Index 3X Leveraged ETN	0.00%	0.00%

Drawdowns

MSII vs. NRGU - Drawdown Comparison

The maximum MSII drawdown since its inception was -78.73%, which is greater than NRGU's maximum drawdown of -57.50%. Use the drawdown chart below to compare losses from any high point for MSII and NRGU.

Drawdown Indicators

	MSII	NRGU	Difference
Max Drawdown Largest peak-to-trough decline	-78.73%	-57.50%	-21.23%
Max Drawdown (1Y) Largest decline over 1 year	—	-55.24%	—
Current Drawdown Current decline from peak	-72.82%	-7.45%	-65.37%
Average Drawdown Average peak-to-trough decline	-41.84%	-25.41%	-16.43%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	27.10%	—

Volatility

Volatility by Period

	MSII	NRGU	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	19.53%	—
Volatility (6M) Calculated over the trailing 6-month period	—	48.98%	—
Volatility (1Y) Calculated over the trailing 1-year period	71.91%	87.53%	-15.62%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	71.91%	86.64%	-14.73%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	71.91%	86.64%	-14.73%