NRGD
MicroSectors U.S. Big Oil Index -3X Inverse Leveraged ETN *Unless otherwise stated, data provided by FactSet.
NRGD Fund Description
NRGD tracks three times the inverse of the performance of an equal-weighted index of U.S. Oil & Gas Companies.
NRGD Factset Analytics Insight
NRGD is an inverse leveraged take on the US Oil and Gas industry. Specifically, the fund tracks three times the inverse of the Solactive MicroSectors US Big Oil index, which selects the 10 largest qualifying stocks based on their free-float market cap level and equally weights them. The product isn’t designed for long-term investors as the fund rebalances daily. As a result, compounding and path dependency make its long-term returns difficult to predict when compared with its underlying index.
PERFORMANCE [as of 06/22/22]
1 MONTH
3 MONTHS
YTD
1 YEAR
3 YEARS
5 YEARS
10 YEARS
NRGD
19.56%
-28.06%
-77.18%
-85.07%
-84.89%
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NRGD (NAV)
19.85%
-27.87%
-77.29%
-85.11%
-84.90%
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N/A
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All returns over 1 year are annualized. All returns are total returns unless otherwise stated.
NRGD Summary Data
04/09/19
Exchange-Traded Note
0.95%
$84.45M
0.17%
NRGD Portfolio Data
--
N/A
NRGD Index Data
Solactive MicroSectors U.S. Big Oil Index
Equal
Market Cap
N/A
NRGD Fund Structure
Yes
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-- / --
BMO Asset Management, Inc.
N/A
Medium
-3
Daily
NRGD Tax Exposures
20.00% / 39.60%
--
No
NRGD Factset Analytics Block Liquidity
As of 06/23/22
5
4
3
2
1
This measurement shows how easy it is to trade a $1 million USD block of NRGD. NRGD is rated a N/A out of 5.
NRGD Tradability
195,051
$13.80M
161,696
$11.05M
0.17%
$0.14
0.08%
1.62% / -2.49%
None
100.00%
25,000
6.47
0.11%
--
0
$84.45
N/A