NRGU vs. SMH
Compare and contrast key facts about MicroSectors U.S. Big Oil Index 3X Leveraged ETN (NRGU) and VanEck Vectors Semiconductor ETF (SMH).
NRGU and SMH 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. SMH is a passively managed fund by VanEck that tracks the performance of the MVIS US Listed Semiconductor 25 Index. It was launched on Dec 20, 2011. Both NRGU and SMH 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 SMH.
Key characteristics
| NRGU | SMH | |
|---|---|---|
| YTD Return | 36.36% | 27.69% |
| 1Y Return | 77.99% | 82.58% |
| 3Y Return (Ann) | 55.17% | 25.86% |
| 5Y Return (Ann) | -10.06% | 35.33% |
| Sharpe Ratio | 1.28 | 2.84 |
| Daily Std Dev | 57.82% | 28.54% |
| Max Drawdown | -98.18% | -95.73% |
| Current Drawdown | -53.11% | -4.64% |
Correlation
The correlation between NRGU and SMH is 0.32, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Performance
NRGU vs. SMH - Performance Comparison
In the year-to-date period, NRGU achieves a 36.36% return, which is significantly higher than SMH's 27.69% 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. SMH - Expense Ratio Comparison
NRGU has a 0.95% expense ratio, which is higher than SMH's 0.35% expense ratio.
Risk-Adjusted Performance
NRGU vs. SMH - 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 VanEck Vectors Semiconductor ETF (SMH). 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. SMH - Dividend Comparison
NRGU has not paid dividends to shareholders, while SMH's dividend yield for the trailing twelve months is around 0.47%.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
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% |
SMH VanEck Vectors Semiconductor ETF | 0.47% | 0.60% | 2.37% | 1.02% | 1.38% | 6.00% | 3.75% | 2.85% | 1.61% | 4.28% | 2.31% | 3.11% |
Drawdowns
NRGU vs. SMH - Drawdown Comparison
The maximum NRGU drawdown since its inception was -98.18%, roughly equal to the maximum SMH drawdown of -95.73%. Use the drawdown chart below to compare losses from any high point for NRGU and SMH. For additional features, visit the drawdowns tool.
Volatility
NRGU vs. SMH - Volatility Comparison
MicroSectors U.S. Big Oil Index 3X Leveraged ETN (NRGU) has a higher volatility of 15.99% compared to VanEck Vectors Semiconductor ETF (SMH) at 10.13%. This indicates that NRGU's price experiences larger fluctuations and is considered to be riskier than SMH based on this measure. The chart below showcases a comparison of their rolling one-month volatility.