WTIU vs. NRGU

Last updated Apr 2, 2026

Compare and contrast key facts about MicroSectors Energy 3X Leveraged ETN (WTIU) and MicroSectors U.S. Big Oil Index 3X Leveraged ETN (NRGU).

WTIU and NRGU are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. WTIU is a passively managed fund by REX that tracks the performance of the Solactive MicroSectors Energy Index - Benchmark TR Gross (--300%). It was launched on Feb 16, 2023. 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 WTIU 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

WTIU vs. NRGU - Performance Comparison

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

WTIU vs. NRGU - Yearly Performance Comparison

	2026 (YTD)	2025
WTIU MicroSectors Energy 3X Leveraged ETN	113.23%	-32.40%
NRGU MicroSectors U.S. Big Oil Index 3X Leveraged ETN	139.49%	-33.00%

Returns By Period

In the year-to-date period, WTIU achieves a 113.23% return, which is significantly lower than NRGU's 139.49% return.

WTIU

• 1D: -11.84%
• 1M: 17.12%
• YTD: 113.23%
• 6M: 89.84%
• 1Y: 46.84%
• 3Y*: 2.42%
• 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)

WTIU vs. NRGU - Expense Ratio Comparison

Both WTIU and NRGU have an expense ratio of 0.95%.

WTIU

MicroSectors Energy 3X Leveraged ETN

NRGU

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

Return for Risk

WTIU vs. NRGU — Risk / Return Rank

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

WTIU

WTIU Risk / Return Rank: 34
WTIU Sharpe Ratio Rank: 29
WTIU Sortino Ratio Rank: 42
WTIU Omega Ratio Rank: 43
WTIU Calmar Ratio Rank: 35
WTIU Martin Ratio Rank: 23

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.

WTIU vs. NRGU - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for MicroSectors Energy 3X Leveraged ETN (WTIU) 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.

	WTIU	NRGU	Difference
Sharpe ratio Return per unit of total volatility	0.58	0.79	-0.21
Sortino ratio Return per unit of downside risk	1.22	1.48	-0.26
Omega ratio Gain probability vs. loss probability	1.18	1.21	-0.03
Calmar ratio Return relative to maximum drawdown	0.92	1.29	-0.38
Martin ratio Return relative to average drawdown	1.71	2.64	-0.93
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

WTIU vs. NRGU - Sharpe Ratio Comparison

The current WTIU Sharpe Ratio is 0.58, which is comparable to the NRGU Sharpe Ratio of 0.79. The chart below compares the historical Sharpe Ratios of WTIU and NRGU, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	WTIU	NRGU	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.58	0.79	-0.21
Sharpe Ratio (All Time) Calculated using the full available price history	-0.05	0.61	-0.67

Correlation

The correlation between WTIU and NRGU is 0.97, 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.

Dividends

WTIU vs. NRGU - Dividend Comparison

Neither WTIU nor NRGU has paid dividends to shareholders.

Tickers have no history of dividend payments

Drawdowns

WTIU vs. NRGU - Drawdown Comparison

The maximum WTIU drawdown since its inception was -75.73%, which is greater than NRGU's maximum drawdown of -57.50%. Use the drawdown chart below to compare losses from any high point for WTIU and NRGU.

Drawdown Indicators

	WTIU	NRGU	Difference
Max Drawdown Largest peak-to-trough decline	-75.73%	-57.50%	-18.23%
Max Drawdown (1Y) Largest decline over 1 year	-53.11%	-55.24%	+2.13%
Current Drawdown Current decline from peak	-24.42%	-17.40%	-7.02%
Average Drawdown Average peak-to-trough decline	-39.49%	-25.38%	-14.11%
Ulcer Index Depth and duration of drawdowns from previous peaks	28.53%	27.12%	+1.41%

Volatility

WTIU vs. NRGU - Volatility Comparison

MicroSectors Energy 3X Leveraged ETN (WTIU) and MicroSectors U.S. Big Oil Index 3X Leveraged ETN (NRGU) have volatilities of 22.50% and 23.31%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	WTIU	NRGU	Difference
Volatility (1M) Calculated over the trailing 1-month period	22.50%	23.31%	-0.81%
Volatility (6M) Calculated over the trailing 6-month period	46.56%	50.27%	-3.71%
Volatility (1Y) Calculated over the trailing 1-year period	81.69%	88.18%	-6.49%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	69.54%	87.12%	-17.58%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	69.54%	87.12%	-17.58%