Correlation
The correlation between NRGU and DIG is 0.60, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
NRGU vs. DIG
Compare and contrast key facts about MicroSectors U.S. Big Oil Index 3X Leveraged ETN (NRGU) and ProShares Ultra Oil & Gas (DIG).
NRGU and DIG are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. 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. DIG is a passively managed fund by ProShares that tracks the performance of the Dow Jones U.S. Oil & Gas Index (200%). It was launched on Jan 30, 2007. Both NRGU and DIG are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: NRGU or DIG.
Performance
NRGU vs. DIG - Performance Comparison
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Key characteristics
NRGU:
129.83%
DIG:
50.21%
NRGU:
-57.50%
DIG:
-97.04%
NRGU:
-45.31%
DIG:
-75.43%
Returns By Period
NRGU
N/A
1.11%
N/A
N/A
N/A
N/A
N/A
DIG
-13.82%
-3.77%
-29.30%
-26.68%
-10.41%
27.99%
-5.28%
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NRGU vs. DIG - Expense Ratio Comparison
Both NRGU and DIG have an expense ratio of 0.95%.
Risk-Adjusted Performance
NRGU vs. DIG — Risk-Adjusted Performance Rank
NRGU
DIG
NRGU vs. DIG - 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 ProShares Ultra Oil & Gas (DIG). 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
NRGU vs. DIG - Dividend Comparison
NRGU has not paid dividends to shareholders, while DIG's dividend yield for the trailing twelve months is around 3.72%.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
NRGU MicroSectors U.S. Big Oil Index 3X Leveraged ETN | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
DIG ProShares Ultra Oil & Gas | 3.72% | 3.13% | 0.61% | 1.33% | 2.24% | 3.19% | 2.72% | 2.30% | 1.76% | 1.09% | 1.56% | 0.87% |
Drawdowns
NRGU vs. DIG - Drawdown Comparison
The maximum NRGU drawdown since its inception was -57.50%, smaller than the maximum DIG drawdown of -97.04%. Use the drawdown chart below to compare losses from any high point for NRGU and DIG.
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Volatility
NRGU vs. DIG - Volatility Comparison
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