SBU vs. NRGU

Last updated Apr 2, 2026

Compare and contrast key facts about Leverage Shares 2X Long SBUX Daily ETF (SBU) and MicroSectors U.S. Big Oil Index 3X Leveraged ETN (NRGU).

SBU and NRGU are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. SBU is an actively managed fund by Leverage Shares. It was launched on Nov 14, 2025. NRGU is a passively managed fund by BMO that tracks the performance of the Solactive MicroSectors U.S. Big Oil Index (-300%). It was launched on Apr 9, 2019.

Performance

SBU vs. NRGU - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Leverage Shares 2X Long SBUX Daily ETF (SBU) and MicroSectors U.S. Big Oil Index 3X Leveraged ETN (NRGU). The values are adjusted to include any dividend payments, if applicable.

SBU vs. NRGU - Yearly Performance Comparison

	2026 (YTD)	2025
SBU Leverage Shares 2X Long SBUX Daily ETF	10.52%	-0.84%
NRGU MicroSectors U.S. Big Oil Index 3X Leveraged ETN	139.49%	-9.61%

Returns By Period

In the year-to-date period, SBU achieves a 10.52% return, which is significantly lower than NRGU's 139.49% return.

SBU

• 1D: 1.88%
• 1M: -14.45%
• YTD: 10.52%
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

NRGU

• 1D: -10.75%
• 1M: 24.81%
• YTD: 139.49%
• 6M: 107.68%
• 1Y: 69.15%
• 3Y*: —
• 5Y*: —
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

SBU vs. NRGU - Expense Ratio Comparison

SBU has a 0.75% expense ratio, which is lower than NRGU's 0.95% expense ratio.

NRGU

MicroSectors U.S. Big Oil Index 3X Leveraged ETN

SBU

Leverage Shares 2X Long SBUX Daily ETF

Return for Risk

SBU vs. NRGU — Risk / Return Rank

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

NRGU

NRGU Risk / Return Rank: 45
NRGU Sharpe Ratio Rank: 40
NRGU Sortino Ratio Rank: 54
NRGU Omega Ratio Rank: 54
NRGU Calmar Ratio Rank: 47
NRGU Martin Ratio Rank: 30

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

SBU vs. NRGU - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Leverage Shares 2X Long SBUX Daily ETF (SBU) 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.

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

Sharpe Ratios by Period

	SBU	NRGU	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	0.79	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.47	0.61	-0.14

Correlation

The correlation between SBU and NRGU is -0.00. 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.

Dividends

SBU vs. NRGU - Dividend Comparison

Neither SBU nor NRGU has paid dividends to shareholders.

Tickers have no history of dividend payments

Drawdowns

SBU vs. NRGU - Drawdown Comparison

The maximum SBU drawdown since its inception was -28.10%, smaller than the maximum NRGU drawdown of -57.50%. Use the drawdown chart below to compare losses from any high point for SBU and NRGU.

Drawdown Indicators

	SBU	NRGU	Difference
Max Drawdown Largest peak-to-trough decline	-28.10%	-57.50%	+29.40%
Max Drawdown (1Y) Largest decline over 1 year	—	-55.24%	—
Current Drawdown Current decline from peak	-21.86%	-17.40%	-4.46%
Average Drawdown Average peak-to-trough decline	-6.25%	-25.38%	+19.13%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	27.12%	—

Volatility

Volatility by Period

	SBU	NRGU	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	23.31%	—
Volatility (6M) Calculated over the trailing 6-month period	—	50.27%	—
Volatility (1Y) Calculated over the trailing 1-year period	61.05%	88.18%	-27.13%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	61.05%	87.12%	-26.07%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	61.05%	87.12%	-26.07%