NRGD
MicroSectors U.S. Big Oil Index -3X Inverse Leveraged ETNNRGD 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.
NRGD Summary Data
NRGD Portfolio Data
NRGD Index Data
NRGD Fund Structure
NRGD Tax Exposures
NRGD Factset Analytics Block Liquidity
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
The data and information contained herein is not intended to be investment or tax advice. A reference to a particular investment or security, a credit rating, or any observation concerning a security or investment provided in the ETF.com Service is not a recommendation to buy, sell, or hold such investment or security or to make any other investment decisions. You should not use such information for purposes of any actual transaction without consulting an investment or tax professional.
ETF.com DOES NOT TAKE RESPONSIBILITY FOR YOUR INVESTMENT OR OTHER ACTIONS NOR SHALL ETF.com HAVE ANY LIABILITY, CONTINGENT OR OTHERWISE, FOR THE ACCURACY, COMPLETENESS, TIMELINESS, OR CORRECT SEQUENCING OF ANY INFORMATION PROVIDED BY ETF.com OR FOR ANY DECISION MADE OR ACTION TAKEN BY YOU IN RELIANCE UPON SUCH INFORMATION OR ETF.com.
[ETF.com DOES NOT PROVIDE ANY RESEARCH OPINIONS.] ETF.com MAKES NO REPRESENTATIONS ABOUT THE SUITABILITY OF THE INFORMATION, PRODUCTS OR SERVICES CONTAINED HEREIN. PAST PERFORMANCE IS NOT INDICATIVE OF FUTURE RESULTS.
Data provider:
Terms of Use