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 0.60, 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.
Performance
NRGU vs. NRGD - Performance Comparison
Key characteristics
NRGU:
150.27%
NRGD:
150.21%
NRGU:
-57.50%
NRGD:
-32.02%
NRGU:
-47.38%
NRGD:
-31.64%
Returns By Period
NRGU
N/A
-43.69%
N/A
N/A
N/A
N/A
NRGD
N/A
25.20%
N/A
N/A
N/A
N/A
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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 Rank
NRGU
NRGD
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.
Not enough dataDividends
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 -57.50%, which is greater than NRGD's maximum drawdown of -32.02%. 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) has a higher volatility of 63.04% compared to MicroSectors U.S. Big Oil Index -3X Inverse Leveraged ETN (NRGD) at 58.52%. This indicates that NRGU's price experiences larger fluctuations and is considered to be riskier than NRGD based on this measure. The chart below showcases a comparison of their rolling one-month volatility.