YANG vs. NRGD
Compare and contrast key facts about Direxion Daily China 3x Bear Shares (YANG) and MicroSectors U.S. Big Oil Index -3X Inverse Leveraged ETN (NRGD).
YANG and NRGD are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. YANG is a passively managed fund by Direxion that tracks the performance of the FTSE China 50 Index (-300%). It was launched on Dec 3, 2009. NRGD 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 YANG and NRGD 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
YANG vs. NRGD - Performance Comparison
Loading graphics...
YANG vs. NRGD - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
YANG Direxion Daily China 3x Bear Shares | 20.02% | -37.99% |
NRGD MicroSectors U.S. Big Oil Index -3X Inverse Leveraged ETN | -65.94% | -32.37% |
Returns By Period
In the year-to-date period, YANG achieves a 20.02% return, which is significantly higher than NRGD's -65.94% return.
YANG
- 1D
- 2.68%
- 1M
- 9.80%
- YTD
- 20.02%
- 6M
- 44.40%
- 1Y
- -22.06%
- 3Y*
- -43.56%
- 5Y*
- -33.55%
- 10Y*
- -39.11%
NRGD
- 1D
- 9.97%
- 1M
- -25.69%
- YTD
- -65.94%
- 6M
- -65.43%
- 1Y
- -76.65%
- 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.
YANG vs. NRGD - Expense Ratio Comparison
YANG has a 1.07% expense ratio, which is higher than NRGD's 0.95% expense ratio.
Return for Risk
YANG vs. NRGD — Risk / Return Rank
YANG
NRGD
YANG vs. NRGD - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Direxion Daily China 3x Bear Shares (YANG) and MicroSectors U.S. Big Oil Index -3X Inverse Leveraged ETN (NRGD). 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.
| YANG | NRGD | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | -0.31 | -0.86 | +0.55 |
Sortino ratioReturn per unit of downside risk | 0.01 | -1.68 | +1.69 |
Omega ratioGain probability vs. loss probability | 1.00 | 0.81 | +0.19 |
Calmar ratioReturn relative to maximum drawdown | -0.32 | -0.86 | +0.54 |
Martin ratioReturn relative to average drawdown | -0.38 | -1.25 | +0.87 |
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
| YANG | NRGD | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | -0.31 | -0.86 | +0.55 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | -0.36 | — | — |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | -0.48 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | -0.49 | -0.84 | +0.35 |
Correlation
The correlation between YANG and NRGD is 0.10, 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
YANG vs. NRGD - Dividend Comparison
YANG's dividend yield for the trailing twelve months is around 3.40%, while NRGD has not paid dividends to shareholders.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | |
|---|---|---|---|---|---|---|---|---|---|
YANG Direxion Daily China 3x Bear Shares | 3.40% | 4.03% | 9.42% | 3.66% | 0.00% | 0.00% | 0.67% | 1.54% | 0.56% |
NRGD MicroSectors U.S. Big Oil Index -3X Inverse Leveraged ETN | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Drawdowns
YANG vs. NRGD - Drawdown Comparison
The maximum YANG drawdown since its inception was -99.98%, which is greater than NRGD's maximum drawdown of -89.38%. Use the drawdown chart below to compare losses from any high point for YANG and NRGD.
Loading graphics...
Drawdown Indicators
| YANG | NRGD | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -99.98% | -89.38% | -10.60% |
Max Drawdown (1Y)Largest decline over 1 year | -68.02% | -89.38% | +21.36% |
Max Drawdown (5Y)Largest decline over 5 years | -97.38% | — | — |
Max Drawdown (10Y)Largest decline over 10 years | -99.60% | — | — |
Current DrawdownCurrent decline from peak | -99.97% | -87.49% | -12.48% |
Average DrawdownAverage peak-to-trough decline | -90.42% | -54.53% | -35.89% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 57.00% | 61.43% | -4.43% |
Volatility
YANG vs. NRGD - Volatility Comparison
The current volatility for Direxion Daily China 3x Bear Shares (YANG) is 19.60%, while MicroSectors U.S. Big Oil Index -3X Inverse Leveraged ETN (NRGD) has a volatility of 22.39%. This indicates that YANG experiences smaller price fluctuations and is considered to be less risky than NRGD based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading graphics...
Volatility by Period
| YANG | NRGD | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 19.60% | 22.39% | -2.79% |
Volatility (6M)Calculated over the trailing 6-month period | 43.29% | 51.08% | -7.79% |
Volatility (1Y)Calculated over the trailing 1-year period | 71.59% | 89.30% | -17.71% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 94.39% | 87.95% | +6.44% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 82.22% | 87.95% | -5.73% |