UWM vs. NRGU
Compare and contrast key facts about ProShares Ultra Russell2000 (UWM) and MicroSectors U.S. Big Oil Index 3X Leveraged ETN (NRGU).
UWM and NRGU are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. UWM is a passively managed fund by ProShares that tracks the performance of the Russell 2000 Index (200%). It was launched on Jan 25, 2007. 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. Both UWM and NRGU are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Performance
UWM vs. NRGU - Performance Comparison
Loading graphics...
UWM vs. NRGU - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
UWM ProShares Ultra Russell2000 | 0.73% | 11.22% |
NRGU MicroSectors U.S. Big Oil Index 3X Leveraged ETN | 139.49% | -33.00% |
Returns By Period
In the year-to-date period, UWM achieves a 0.73% return, which is significantly lower than NRGU's 139.49% return.
UWM
- 1D
- 1.33%
- 1M
- -10.99%
- YTD
- 0.73%
- 6M
- 2.10%
- 1Y
- 43.12%
- 3Y*
- 15.19%
- 5Y*
- -3.18%
- 10Y*
- 10.03%
NRGU
- 1D
- -10.75%
- 1M
- 24.81%
- YTD
- 139.49%
- 6M
- 107.68%
- 1Y
- 69.15%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
UWM vs. NRGU - Expense Ratio Comparison
Both UWM and NRGU have an expense ratio of 0.95%.
Return for Risk
UWM vs. NRGU — Risk / Return Rank
UWM
NRGU
UWM vs. NRGU - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for ProShares Ultra Russell2000 (UWM) 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.
| UWM | NRGU | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 0.94 | 0.79 | +0.15 |
Sortino ratioReturn per unit of downside risk | 1.51 | 1.48 | +0.03 |
Omega ratioGain probability vs. loss probability | 1.19 | 1.21 | -0.02 |
Calmar ratioReturn relative to maximum drawdown | 1.62 | 1.29 | +0.32 |
Martin ratioReturn relative to average drawdown | 5.48 | 2.64 | +2.84 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading graphics...
Sharpe Ratios by Period
| UWM | NRGU | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.94 | 0.79 | +0.15 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | -0.07 | — | — |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.22 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.11 | 0.61 | -0.50 |
Correlation
The correlation between UWM and NRGU is 0.30, 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.
Dividends
UWM vs. NRGU - Dividend Comparison
UWM's dividend yield for the trailing twelve months is around 1.02%, while NRGU has not paid dividends to shareholders.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
UWM ProShares Ultra Russell2000 | 1.02% | 1.05% | 1.16% | 0.34% | 0.40% | 0.00% | 0.07% | 0.55% | 0.41% | 0.11% | 0.27% | 0.23% |
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% |
Drawdowns
UWM vs. NRGU - Drawdown Comparison
The maximum UWM drawdown since its inception was -88.21%, which is greater than NRGU's maximum drawdown of -57.50%. Use the drawdown chart below to compare losses from any high point for UWM and NRGU.
Loading graphics...
Drawdown Indicators
| UWM | NRGU | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -88.21% | -57.50% | -30.71% |
Max Drawdown (1Y)Largest decline over 1 year | -26.48% | -55.24% | +28.76% |
Max Drawdown (5Y)Largest decline over 5 years | -61.62% | — | — |
Max Drawdown (10Y)Largest decline over 10 years | -71.46% | — | — |
Current DrawdownCurrent decline from peak | -26.33% | -17.40% | -8.93% |
Average DrawdownAverage peak-to-trough decline | -31.07% | -25.38% | -5.69% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 7.83% | 27.12% | -19.29% |
Volatility
UWM vs. NRGU - Volatility Comparison
The current volatility for ProShares Ultra Russell2000 (UWM) is 14.60%, while MicroSectors U.S. Big Oil Index 3X Leveraged ETN (NRGU) has a volatility of 23.31%. This indicates that UWM 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.
Loading graphics...
Volatility by Period
| UWM | NRGU | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 14.60% | 23.31% | -8.71% |
Volatility (6M)Calculated over the trailing 6-month period | 28.75% | 50.27% | -21.52% |
Volatility (1Y)Calculated over the trailing 1-year period | 46.23% | 88.18% | -41.95% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 45.04% | 87.12% | -42.08% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 45.99% | 87.12% | -41.13% |