NRGU vs. NRGD
Compare and contrast key facts about MicroSectors U.S. Big Oil Index 3X Leveraged ETN (NRGU) and MicroSectors U.S. Big Oil Index -3X Inverse Leveraged ETN (NRGD).
NRGU and NRGD 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. NRGD 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. Both NRGU and NRGD 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 NRGD.
Correlation
The correlation between NRGU and NRGD is -0.94. This indicates that the assets' prices tend to move in opposite directions. Negative correlation can be particularly beneficial for diversification and risk management, as one asset may offset the losses of the other during market fluctuations.
Maximize Your Portfolio’s Potential
Does your portfolio have the optimal asset allocation aligned with your goals? Find it out with our portfolio optimizer
Try portfolio optimization nowPerformance
NRGU vs. NRGD - Performance Comparison
Key characteristics
Returns By Period
NRGU
N/A
N/A
N/A
N/A
N/A
N/A
NRGD
N/A
N/A
N/A
N/A
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.
NRGU vs. NRGD - Expense Ratio Comparison
Both NRGU and NRGD have an expense ratio of 0.95%.
Risk-Adjusted Performance
NRGU vs. NRGD - 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 MicroSectors U.S. Big Oil Index -3X Inverse Leveraged ETN (NRGD). 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.
Dividends
NRGU vs. NRGD - Dividend Comparison
Neither NRGU nor NRGD has paid dividends to shareholders.
Drawdowns
NRGU vs. NRGD - Drawdown Comparison
Volatility
NRGU vs. NRGD - Volatility Comparison
The current volatility for MicroSectors U.S. Big Oil Index 3X Leveraged ETN (NRGU) is 0.00%, while MicroSectors U.S. Big Oil Index -3X Inverse Leveraged ETN (NRGD) has a volatility of 0.00%. This indicates that NRGU experiences smaller price fluctuations and is considered to be less risky than NRGD based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Recent discussions
Factor Funds
creen3
Additions to Wishlist: Monte-Carlo Simulations
Hello Dmitry,
Is it possible to add Monte-Carlo simulations to the list of available tools? Since Portfolioslab doesn't have it, I need to use some other Websites just to run Monte-Carlos of my portfolios. Thank you!
Investing_4Fun
VUG vs FOCPX
FOCPX vs VUG is absolutely incorrect. I ran the same comparison on Morning star and FOCPX has out performed but your graph shows the opposite.
what is the source of this data. is it trust worthy.
SK