NRGU vs. COIN
Compare and contrast key facts about MicroSectors U.S. Big Oil Index 3X Leveraged ETN (NRGU) and Coinbase Global, Inc. (COIN).
NRGU is a passively managed fund by BMO Financial Group that tracks the performance of the Solactive MicroSectors U.S. Big Oil Index (-300%). It was launched on Apr 9, 2019.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: NRGU or COIN.
Correlation
The correlation between NRGU and COIN is 0.23, 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.
Performance
NRGU vs. COIN - Performance Comparison
Key characteristics
NRGU:
74.95%
COIN:
83.20%
NRGU:
-30.48%
COIN:
-90.90%
NRGU:
-5.05%
COIN:
-48.81%
Returns By Period
NRGU
N/A
20.89%
N/A
N/A
N/A
N/A
COIN
-26.32%
-11.08%
11.24%
-25.58%
N/A
N/A
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Risk-Adjusted Performance
NRGU vs. COIN — Risk-Adjusted Performance Rank
NRGU
COIN
NRGU vs. COIN - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for MicroSectors U.S. Big Oil Index 3X Leveraged ETN (NRGU) and Coinbase Global, Inc. (COIN). 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.
Not enough dataDividends
NRGU vs. COIN - Dividend Comparison
Neither NRGU nor COIN has paid dividends to shareholders.
Drawdowns
NRGU vs. COIN - Drawdown Comparison
The maximum NRGU drawdown since its inception was -30.48%, smaller than the maximum COIN drawdown of -90.90%. Use the drawdown chart below to compare losses from any high point for NRGU and COIN. For additional features, visit the drawdowns tool.
Volatility
NRGU vs. COIN - Volatility Comparison
The current volatility for MicroSectors U.S. Big Oil Index 3X Leveraged ETN (NRGU) is 18.79%, while Coinbase Global, Inc. (COIN) has a volatility of 27.77%. This indicates that NRGU experiences smaller price fluctuations and is considered to be less risky than COIN based on this measure. The chart below showcases a comparison of their rolling one-month volatility.