NRGU vs. COIN
NRGU (MicroSectors U.S. Big Oil Index 3X Leveraged ETN) is Leveraged Equities fund tracking the Solactive MicroSectors U.S. Big Oil Index (-300%), while COIN (Coinbase Global, Inc.) is a stock. Over the past year, NRGU returned 171.19% vs -35.89% for COIN. At a 0.14 correlation, their price movements are largely independent.
Performance
NRGU vs. COIN - Performance Comparison
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Returns By Period
In the year-to-date period, NRGU achieves a 125.94% return, which is significantly higher than COIN's -27.42% return.
NRGU
- 1D
- -1.47%
- 1M
- -6.46%
- YTD
- 125.94%
- 6M
- 93.16%
- 1Y
- 171.19%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
COIN
- 1D
- 0.56%
- 1M
- -17.00%
- YTD
- -27.42%
- 6M
- -40.11%
- 1Y
- -35.89%
- 3Y*
- 40.88%
- 5Y*
- -6.43%
- 10Y*
- —
NRGU vs. COIN - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
NRGU MicroSectors U.S. Big Oil Index 3X Leveraged ETN | 125.94% | -33.00% |
COIN Coinbase Global, Inc. | -27.42% | -11.87% |
Correlation
The correlation between NRGU and COIN is 0.02, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.02 |
Correlation (All Time) Calculated using the full available price history since Feb 21, 2025 | 0.14 |
The correlation between NRGU and COIN shifts across timeframes, from 0.02 (1 year) to 0.14 (all time), reflecting how their relationship changes across market environments.
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Return for Risk
NRGU vs. COIN — Risk / Return Rank
NRGU
COIN
NRGU vs. COIN - Risk-Adjusted Trends 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.
| NRGU | COIN | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +2.82 | ||
| Sortino ratioReturn per unit of downside risk | +2.98 | ||
| Omega ratioGain probability vs. loss probability | 1.32 | 0.95 | +0.37 |
| Calmar ratioReturn relative to maximum drawdown | 4.31 | -0.54 | +4.85 |
| Martin ratioReturn relative to average drawdown | 10.74 | -0.90 | +11.64 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| NRGU | COIN | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 2.31 | -0.51 | +2.82 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | — | -0.08 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.43 | -0.15 | +0.58 |
Drawdowns
NRGU vs. COIN - Drawdown Comparison
The maximum NRGU drawdown since its inception was -57.50%, 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.
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Drawdown Indicators
| NRGU | COIN | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -57.50% | -90.90% | +33.40% |
Max Drawdown (1Y)Largest decline over 1 year | -39.95% | -66.39% | +26.44% |
Max Drawdown (3Y)Largest decline over 3 years | — | -66.39% | — |
Max Drawdown (5Y)Largest decline over 5 years | — | -90.90% | — |
Current DrawdownCurrent decline from peak | -22.07% | -60.90% | +38.83% |
Average DrawdownAverage peak-to-trough decline | -25.41% | -49.84% | +24.43% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 16.01% | 39.86% | -23.85% |
Volatility
NRGU vs. COIN - Volatility Comparison
MicroSectors U.S. Big Oil Index 3X Leveraged ETN (NRGU) has a higher volatility of 31.62% compared to Coinbase Global, Inc. (COIN) at 19.12%. This indicates that NRGU's price experiences larger fluctuations and is considered to be riskier than COIN based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| NRGU | COIN | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 31.62% | 19.12% | +12.50% |
Volatility (6M)Calculated over the trailing 6-month period | 61.19% | 50.97% | +10.22% |
Volatility (1Y)Calculated over the trailing 1-year period | 75.02% | 70.03% | +4.99% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 89.03% | 85.85% | +3.18% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 89.03% | 85.36% | +3.67% |
Dividends
NRGU vs. COIN - Dividend Comparison
Neither NRGU nor COIN has paid dividends to shareholders.
Frequently Asked Questions
NRGU and COIN have a correlation of 0.02, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
NRGU has higher volatility (31.62%) compared to COIN (19.12%). In terms of maximum drawdown, NRGU dropped -57.50% vs COIN's -90.90%.
NRGU currently has the higher Sharpe Ratio (2.31 vs -0.51), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
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