WTIU vs. NRGU
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 Microsectors 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 Financial Group 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.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: WTIU or NRGU.
Correlation
The correlation between WTIU and NRGU is 0.81, 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
WTIU vs. NRGU - Performance Comparison
Key characteristics
Returns By Period
WTIU
31.29%
34.02%
-20.72%
-2.25%
N/A
N/A
NRGU
N/A
N/A
N/A
N/A
N/A
N/A
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WTIU vs. NRGU - Expense Ratio Comparison
Both WTIU and NRGU have an expense ratio of 0.95%.
Risk-Adjusted Performance
WTIU vs. NRGU — Risk-Adjusted Performance Rank
WTIU
NRGU
WTIU vs. NRGU - Risk-Adjusted Performance 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.
Dividends
WTIU vs. NRGU - Dividend Comparison
Neither WTIU nor NRGU has paid dividends to shareholders.
Drawdowns
WTIU vs. NRGU - Drawdown Comparison
Volatility
WTIU vs. NRGU - Volatility Comparison
MicroSectors Energy 3X Leveraged ETN (WTIU) has a higher volatility of 65.20% compared to MicroSectors U.S. Big Oil Index 3X Leveraged ETN (NRGU) at 0.00%. This indicates that WTIU's price experiences larger fluctuations and is considered to be riskier than NRGU based on this measure. The chart below showcases a comparison of their rolling one-month volatility.