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

Correlation

The correlation between NRGU and TMV is -0.09. 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.


-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.

-60.00%-50.00%-40.00%-30.00%-20.00%-10.00%0.00%10.00%Feb 23Mar 02Mar 09Mar 16Mar 23Mar 30Apr 06Apr 13Apr 20
-47.38%
-2.62%
NRGU
TMV

Key characteristics

Daily Std Dev

NRGU:

150.27%

TMV:

42.79%

Max Drawdown

NRGU:

-57.50%

TMV:

-99.06%

Current Drawdown

NRGU:

-47.38%

TMV:

-96.58%

Returns By Period


NRGU

YTD

N/A

1M

-45.36%

6M

N/A

1Y

N/A

5Y*

N/A

10Y*

N/A

TMV

YTD

-6.30%

1M

-0.24%

6M

7.36%

1Y

-8.47%

5Y*

27.85%

10Y*

-5.21%

*Annualized

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NRGU vs. TMV - Expense Ratio Comparison

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


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 1717
Overall Rank
The Sharpe Ratio Rank of TMV is 1414
Sharpe Ratio Rank
The Sortino Ratio Rank of TMV is 2020
Sortino Ratio Rank
The Omega Ratio Rank of TMV is 1919
Omega Ratio Rank
The Calmar Ratio Rank of TMV is 1616
Calmar Ratio Rank
The Martin Ratio Rank of TMV is 1515
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.



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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 3.51%.


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
3.51%3.41%3.87%0.00%0.00%0.52%2.25%0.89%

Drawdowns

NRGU vs. TMV - Drawdown Comparison

The maximum NRGU drawdown since its inception was -57.50%, 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.


-60.00%-50.00%-40.00%-30.00%-20.00%-10.00%0.00%Feb 23Mar 02Mar 09Mar 16Mar 23Mar 30Apr 06Apr 13Apr 20
-47.38%
-9.03%
NRGU
TMV

Volatility

NRGU vs. TMV - Volatility Comparison

MicroSectors U.S. Big Oil Index 3X Leveraged ETN (NRGU) has a higher volatility of 63.04% compared to Direxion Daily 20-Year Treasury Bear 3X (TMV) at 17.35%. 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%20.00%30.00%40.00%50.00%60.00%Mar 23Tue 25Thu 27Sat 29Mon 31Wed 02Fri 04Apr 06Tue 08Thu 10Sat 12Mon 14Wed 16Fri 18Apr 20Tue 22Thu 24
63.04%
17.35%
NRGU
TMV