NRGU vs. XLE
Compare and contrast key facts about MicroSectors U.S. Big Oil Index 3X Leveraged ETN (NRGU) and Energy Select Sector SPDR Fund (XLE).
NRGU and XLE 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. XLE is a passively managed fund by State Street that tracks the performance of the Energy Select Sector Index. It was launched on Dec 16, 1998. Both NRGU and XLE 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 XLE.
Key characteristics
| NRGU | XLE | |
|---|---|---|
| YTD Return | 36.36% | 12.82% |
| 1Y Return | 77.99% | 23.82% |
| 3Y Return (Ann) | 55.17% | 26.57% |
| 5Y Return (Ann) | -10.06% | 13.33% |
| Sharpe Ratio | 1.28 | 1.21 |
| Daily Std Dev | 57.82% | 18.47% |
| Max Drawdown | -98.18% | -71.54% |
| Current Drawdown | -53.11% | -4.33% |
Correlation
The correlation between NRGU and XLE is 0.96, 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. XLE - Performance Comparison
In the year-to-date period, NRGU achieves a 36.36% return, which is significantly higher than XLE's 12.82% 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. XLE - Expense Ratio Comparison
NRGU has a 0.95% expense ratio, which is higher than XLE's 0.13% expense ratio.
Risk-Adjusted Performance
NRGU vs. XLE - 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 Energy Select Sector SPDR Fund (XLE). 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. XLE - Dividend Comparison
NRGU has not paid dividends to shareholders, while XLE's dividend yield for the trailing twelve months is around 3.11%.
| 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% |
XLE Energy Select Sector SPDR Fund | 3.11% | 3.55% | 3.68% | 4.21% | 5.62% | 5.73% | 3.54% | 3.03% | 2.26% | 3.39% | 2.35% | 1.73% |
Drawdowns
NRGU vs. XLE - Drawdown Comparison
The maximum NRGU drawdown since its inception was -98.18%, which is greater than XLE's maximum drawdown of -71.54%. Use the drawdown chart below to compare losses from any high point for NRGU and XLE. For additional features, visit the drawdowns tool.
Volatility
NRGU vs. XLE - Volatility Comparison
MicroSectors U.S. Big Oil Index 3X Leveraged ETN (NRGU) has a higher volatility of 15.99% compared to Energy Select Sector SPDR Fund (XLE) at 4.83%. This indicates that NRGU's price experiences larger fluctuations and is considered to be riskier than XLE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.