NRGU vs. OILU
Compare and contrast key facts about MicroSectors U.S. Big Oil Index 3X Leveraged ETN (NRGU) and MicroSectors Oil & Gas Exploration & Production 3X Leveraged ETN (OILU).
NRGU and OILU 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. OILU is managed by BMO Financial Group. It was launched on Mar 24, 2017.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: NRGU or OILU.
Correlation
The correlation between NRGU and OILU is 0.90, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Performance
NRGU vs. OILU - Performance Comparison
Key characteristics
NRGU:
76.33%
OILU:
57.75%
NRGU:
-30.48%
OILU:
-71.54%
NRGU:
-5.14%
OILU:
-60.66%
Returns By Period
NRGU
N/A
5.48%
N/A
N/A
N/A
N/A
OILU
22.15%
10.49%
1.17%
-30.47%
N/A
N/A
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NRGU vs. OILU - Expense Ratio Comparison
Both NRGU and OILU have an expense ratio of 0.95%.
Risk-Adjusted Performance
NRGU vs. OILU — Risk-Adjusted Performance Rank
NRGU
OILU
NRGU vs. OILU - 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 Oil & Gas Exploration & Production 3X Leveraged ETN (OILU). 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. OILU - Dividend Comparison
Neither NRGU nor OILU has paid dividends to shareholders.
Drawdowns
NRGU vs. OILU - Drawdown Comparison
The maximum NRGU drawdown since its inception was -30.48%, smaller than the maximum OILU drawdown of -71.54%. Use the drawdown chart below to compare losses from any high point for NRGU and OILU. For additional features, visit the drawdowns tool.
Volatility
NRGU vs. OILU - Volatility Comparison
MicroSectors U.S. Big Oil Index 3X Leveraged ETN (NRGU) has a higher volatility of 19.18% compared to MicroSectors Oil & Gas Exploration & Production 3X Leveraged ETN (OILU) at 14.55%. This indicates that NRGU's price experiences larger fluctuations and is considered to be riskier than OILU based on this measure. The chart below showcases a comparison of their rolling one-month volatility.