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.
Key characteristics
| NRGU | NRGD | |
|---|---|---|
| YTD Return | 36.44% | -32.99% |
| 1Y Return | 70.65% | -57.21% |
| 3Y Return (Ann) | 49.49% | -71.80% |
| 5Y Return (Ann) | -9.96% | -77.34% |
| Sharpe Ratio | 1.23 | -0.98 |
| Daily Std Dev | 57.81% | 58.24% |
| Max Drawdown | -98.18% | -99.99% |
| Current Drawdown | -53.08% | -99.98% |
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.
Performance
NRGU vs. NRGD - Performance Comparison
In the year-to-date period, NRGU achieves a 36.44% return, which is significantly higher than NRGD's -32.99% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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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
The maximum NRGU drawdown since its inception was -98.18%, roughly equal to the maximum NRGD drawdown of -99.99%. Use the drawdown chart below to compare losses from any high point for NRGU and NRGD. For additional features, visit the drawdowns tool.
Volatility
NRGU vs. NRGD - Volatility Comparison
MicroSectors U.S. Big Oil Index 3X Leveraged ETN (NRGU) and MicroSectors U.S. Big Oil Index -3X Inverse Leveraged ETN (NRGD) have volatilities of 15.75% and 15.41%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.