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NRGU vs. TMV
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between NRGU and TMV is 0.12, 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.


-0.50.00.51.0
Correlation: 0.1

Performance

NRGU vs. TMV - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in MicroSectors U.S. Big Oil Index 3X Leveraged ETN (NRGU) and Direxion Daily 20-Year Treasury Bear 3X (TMV). The values are adjusted to include any dividend payments, if applicable.

-35.00%-30.00%-25.00%-20.00%-15.00%-10.00%-5.00%0.00%Feb 23Mar 02Mar 09Mar 16Mar 23Mar 30
-5.05%
-10.30%
NRGU
TMV

Key characteristics

Daily Std Dev

NRGU:

74.95%

TMV:

40.93%

Max Drawdown

NRGU:

-30.48%

TMV:

-99.06%

Current Drawdown

NRGU:

-5.05%

TMV:

-96.85%

Returns By Period


NRGU

YTD

N/A

1M

20.89%

6M

N/A

1Y

N/A

5Y*

N/A

10Y*

N/A

TMV

YTD

-13.68%

1M

3.51%

6M

18.59%

1Y

-1.95%

5Y*

24.57%

10Y*

-5.29%

*Annualized

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. TMV - Expense Ratio Comparison

NRGU has a 0.95% expense ratio, which is lower than TMV's 1.04% expense ratio.


TMV
Direxion Daily 20-Year Treasury Bear 3X
Expense ratio chart for TMV: current value is 1.04%, compared with the broader market range of 0.00% to 2.12%.0.50%1.00%1.50%2.00%
TMV: 1.04%
Expense ratio chart for NRGU: current value is 0.95%, compared with the broader market range of 0.00% to 2.12%.0.50%1.00%1.50%2.00%
NRGU: 0.95%

Risk-Adjusted Performance

NRGU vs. TMV — Risk-Adjusted Performance Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

NRGU
The Risk-Adjusted Performance Rank of NRGU is 66
Overall Rank
The Sharpe Ratio Rank of NRGU is 66
Sharpe Ratio Rank
The Sortino Ratio Rank of NRGU is 77
Sortino Ratio Rank
The Omega Ratio Rank of NRGU is 77
Omega Ratio Rank
The Calmar Ratio Rank of NRGU is 66
Calmar Ratio Rank
The Martin Ratio Rank of NRGU is 66
Martin Ratio Rank

TMV
The Risk-Adjusted Performance Rank of TMV is 2121
Overall Rank
The Sharpe Ratio Rank of TMV is 1919
Sharpe Ratio Rank
The Sortino Ratio Rank of TMV is 2424
Sortino Ratio Rank
The Omega Ratio Rank of TMV is 2323
Omega Ratio Rank
The Calmar Ratio Rank of TMV is 1919
Calmar Ratio Rank
The Martin Ratio Rank of TMV is 1919
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

NRGU vs. TMV - 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 Direxion Daily 20-Year Treasury Bear 3X (TMV). 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.


Sharpe ratio
No data


Chart placeholderNot enough data

Dividends

NRGU vs. TMV - Dividend Comparison

NRGU has not paid dividends to shareholders, while TMV's dividend yield for the trailing twelve months is around 3.82%.


TTM2024202320222021202020192018
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%
TMV
Direxion Daily 20-Year Treasury Bear 3X
3.82%3.42%3.87%0.00%0.00%0.52%2.24%0.88%

Drawdowns

NRGU vs. TMV - Drawdown Comparison

The maximum NRGU drawdown since its inception was -30.48%, smaller than the maximum TMV drawdown of -99.06%. Use the drawdown chart below to compare losses from any high point for NRGU and TMV. For additional features, visit the drawdowns tool.


-35.00%-30.00%-25.00%-20.00%-15.00%-10.00%-5.00%0.00%Feb 23Mar 02Mar 09Mar 16Mar 23Mar 30
-5.05%
-10.30%
NRGU
TMV

Volatility

NRGU vs. TMV - Volatility Comparison

MicroSectors U.S. Big Oil Index 3X Leveraged ETN (NRGU) has a higher volatility of 18.79% compared to Direxion Daily 20-Year Treasury Bear 3X (TMV) at 9.85%. This indicates that NRGU's price experiences larger fluctuations and is considered to be riskier than TMV based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


10.00%15.00%20.00%25.00%Sat 22Mar 23Mon 24Tue 25Wed 26Thu 27Fri 28Sat 29Mar 30Mon 31AprilWed 02
18.79%
9.85%
NRGU
TMV
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Disclaimer

The information contained herein does not constitute investment advice and made available for educational purposes only. Prices and returns on equities are listed without consideration of fees, commissions, taxes, penalties, or interest payable due to purchasing, holding, or selling.

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