RXD vs. NRGU
RXD (ProShares UltraShort Health Care) and NRGU (MicroSectors U.S. Big Oil Index 3X Leveraged ETN) are both Leveraged Equities funds - RXD tracks the DJ Global United States (All) / Health Care -IND (-200%) while NRGU tracks the Solactive MicroSectors U.S. Big Oil Index (-300%). Both are passively managed. Over the past year, RXD returned -22.97% vs 171.19% for NRGU. At a correlation of -0.05, they often move in opposite directions. Both charge a 0.95% expense ratio.
Performance
RXD vs. NRGU - Performance Comparison
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Returns By Period
In the year-to-date period, RXD achieves a 4.25% return, which is significantly lower than NRGU's 125.94% return.
RXD
- 1D
- -5.76%
- 1M
- -8.56%
- YTD
- 4.25%
- 6M
- 2.28%
- 1Y
- -22.97%
- 3Y*
- -6.72%
- 5Y*
- -7.99%
- 10Y*
- -19.08%
NRGU
- 1D
- -1.47%
- 1M
- -6.46%
- YTD
- 125.94%
- 6M
- 93.16%
- 1Y
- 171.19%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
RXD vs. NRGU - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
RXD ProShares UltraShort Health Care | 4.25% | -11.05% |
NRGU MicroSectors U.S. Big Oil Index 3X Leveraged ETN | 125.94% | -33.00% |
Correlation
The correlation between RXD and NRGU is 0.05, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.05 |
Correlation (All Time) Calculated using the full available price history since Feb 21, 2025 | -0.05 |
The correlation between RXD and NRGU shifts across timeframes, from -0.05 (all time) to 0.05 (1 year), reflecting how their relationship changes across market environments.
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Return for Risk
RXD vs. NRGU — Risk / Return Rank
RXD
NRGU
RXD vs. NRGU - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for ProShares UltraShort Health Care (RXD) and MicroSectors U.S. Big Oil Index 3X Leveraged ETN (NRGU). 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.
| RXD | NRGU | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -3.07 | ||
| Sortino ratioReturn per unit of downside risk | -3.48 | ||
| Omega ratioGain probability vs. loss probability | 0.89 | 1.32 | -0.43 |
| Calmar ratioReturn relative to maximum drawdown | -0.67 | 4.31 | -4.98 |
| Martin ratioReturn relative to average drawdown | -1.04 | 10.74 | -11.78 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| RXD | NRGU | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | -0.77 | 2.31 | -3.07 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | -0.27 | — | — |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | -0.58 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | -0.65 | 0.43 | -1.08 |
Drawdowns
RXD vs. NRGU - Drawdown Comparison
The maximum RXD drawdown since its inception was -99.65%, which is greater than NRGU's maximum drawdown of -57.50%. Use the drawdown chart below to compare losses from any high point for RXD and NRGU.
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Drawdown Indicators
| RXD | NRGU | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -99.65% | -57.50% | -42.15% |
Max Drawdown (1Y)Largest decline over 1 year | -34.63% | -39.95% | +5.32% |
Max Drawdown (3Y)Largest decline over 3 years | -36.60% | — | — |
Max Drawdown (5Y)Largest decline over 5 years | -40.53% | — | — |
Max Drawdown (10Y)Largest decline over 10 years | -90.64% | — | — |
Current DrawdownCurrent decline from peak | -99.61% | -22.07% | -77.54% |
Average DrawdownAverage peak-to-trough decline | -81.88% | -25.41% | -56.47% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 22.14% | 16.01% | +6.13% |
Volatility
RXD vs. NRGU - Volatility Comparison
The current volatility for ProShares UltraShort Health Care (RXD) is 10.19%, while MicroSectors U.S. Big Oil Index 3X Leveraged ETN (NRGU) has a volatility of 31.62%. This indicates that RXD experiences smaller price fluctuations and is considered to be less risky than NRGU based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| RXD | NRGU | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 10.19% | 31.62% | -21.43% |
Volatility (6M)Calculated over the trailing 6-month period | 21.87% | 61.19% | -39.32% |
Volatility (1Y)Calculated over the trailing 1-year period | 30.03% | 75.02% | -44.99% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 29.85% | 89.03% | -59.18% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 33.00% | 89.03% | -56.03% |
RXD vs. NRGU - Expense Ratio Comparison
Both RXD and NRGU have an expense ratio of 0.95%.
Dividends
RXD vs. NRGU - Dividend Comparison
RXD's dividend yield for the trailing twelve months is around 2.69%, while NRGU has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 |
|---|---|---|---|---|---|---|---|---|---|
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% |
RXD ProShares UltraShort Health Care | 2.69% | 3.29% | 4.36% | 3.17% | 0.67% | 0.00% | 0.17% | 1.73% | 0.22% |
Frequently Asked Questions
RXD and NRGU have a correlation of 0.05, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
NRGU has higher volatility (31.62%) compared to RXD (10.19%). In terms of maximum drawdown, RXD dropped -99.65% vs NRGU's -57.50%.
On 1-year performance, NRGU leads with 171.19% vs -22.97% for RXD. Both ETFs have the same 0.95% expense ratio. On volatility, RXD has been the lower-risk option at 10.19%. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 1-year period, NRGU has performed better with a 171.19% return vs -22.97%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
RXD and NRGU have the same expense ratio: 0.95% per year.
RXD has the higher dividend yield at 2.69%, compared with 0.00% for NRGU.
RXD tracks DJ Global United States (All) / Health Care -IND (-200%), while NRGU tracks Solactive MicroSectors U.S. Big Oil Index (-300%). They also come from different issuers: ProShares and BMO.
NRGU currently has the higher Sharpe Ratio (2.31 vs -0.77), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
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