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NRGD vs. BOIL
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between NRGD and BOIL is 0.13, 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.


-0.50.00.51.0
Correlation: 0.1

Performance

NRGD vs. BOIL - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in MicroSectors U.S. Big Oil Index -3X Inverse Leveraged ETN (NRGD) and ProShares Ultra Bloomberg Natural Gas (BOIL). The values are adjusted to include any dividend payments, if applicable.

-40.00%-20.00%0.00%20.00%40.00%60.00%80.00%Feb 23Mar 02Mar 09Mar 16Mar 23Mar 30Apr 06Apr 13Apr 20
25.19%
-45.97%
NRGD
BOIL

Key characteristics

Daily Std Dev

NRGD:

151.95%

BOIL:

107.69%

Max Drawdown

NRGD:

-32.02%

BOIL:

-100.00%

Current Drawdown

NRGD:

-32.02%

BOIL:

-100.00%

Returns By Period


NRGD

YTD

N/A

1M

23.24%

6M

N/A

1Y

N/A

5Y*

N/A

10Y*

N/A

BOIL

YTD

-14.12%

1M

-37.05%

6M

3.21%

1Y

-28.82%

5Y*

-60.49%

10Y*

-56.56%

*Annualized

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NRGD vs. BOIL - Expense Ratio Comparison

NRGD has a 0.95% expense ratio, which is lower than BOIL's 1.31% expense ratio.


Expense ratio chart for BOIL: current value is 1.31%, compared with the broader market range of 0.00% to 2.12%.0.50%1.00%1.50%2.00%
BOIL: 1.31%
Expense ratio chart for NRGD: current value is 0.95%, compared with the broader market range of 0.00% to 2.12%.0.50%1.00%1.50%2.00%
NRGD: 0.95%

Risk-Adjusted Performance

NRGD vs. BOIL — Risk-Adjusted Performance Rank

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

NRGD
The Risk-Adjusted Performance Rank of NRGD is 33
Overall Rank
The Sharpe Ratio Rank of NRGD is 33
Sharpe Ratio Rank
The Sortino Ratio Rank of NRGD is 33
Sortino Ratio Rank
The Omega Ratio Rank of NRGD is 33
Omega Ratio Rank
The Calmar Ratio Rank of NRGD is 33
Calmar Ratio Rank
The Martin Ratio Rank of NRGD is 33
Martin Ratio Rank

BOIL
The Risk-Adjusted Performance Rank of BOIL is 1616
Overall Rank
The Sharpe Ratio Rank of BOIL is 1010
Sharpe Ratio Rank
The Sortino Ratio Rank of BOIL is 2929
Sortino Ratio Rank
The Omega Ratio Rank of BOIL is 2626
Omega Ratio Rank
The Calmar Ratio Rank of BOIL is 66
Calmar Ratio Rank
The Martin Ratio Rank of BOIL is 1111
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

NRGD vs. BOIL - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for MicroSectors U.S. Big Oil Index -3X Inverse Leveraged ETN (NRGD) and ProShares Ultra Bloomberg Natural Gas (BOIL). 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.



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Dividends

NRGD vs. BOIL - Dividend Comparison

Neither NRGD nor BOIL has paid dividends to shareholders.


Tickers have no history of dividend payments

Drawdowns

NRGD vs. BOIL - Drawdown Comparison

The maximum NRGD drawdown since its inception was -32.02%, smaller than the maximum BOIL drawdown of -100.00%. Use the drawdown chart below to compare losses from any high point for NRGD and BOIL. For additional features, visit the drawdowns tool.


-50.00%-40.00%-30.00%-20.00%-10.00%0.00%Feb 23Mar 02Mar 09Mar 16Mar 23Mar 30Apr 06Apr 13Apr 20
-32.02%
-54.46%
NRGD
BOIL

Volatility

NRGD vs. BOIL - Volatility Comparison

MicroSectors U.S. Big Oil Index -3X Inverse Leveraged ETN (NRGD) has a higher volatility of 58.75% compared to ProShares Ultra Bloomberg Natural Gas (BOIL) at 34.58%. This indicates that NRGD's price experiences larger fluctuations and is considered to be riskier than BOIL based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


20.00%30.00%40.00%50.00%60.00%Mar 23Tue 25Thu 27Sat 29Mon 31Wed 02Fri 04Apr 06Tue 08Thu 10Sat 12Mon 14Wed 16Fri 18Apr 20Tue 22Thu 24
58.75%
34.58%
NRGD
BOIL