NRGUMicroSectors U.S. Big Oil Index 3X Leveraged ETN
NRGU Fund Description
NRGU tracks three times the performance of an equal-weighted index of US Oil & Gas companies.
NRGU Factset Analytics Insight
NRGU is a leveraged take on US Oil and Gas industry and tracks three times its underlying index - Solactive MicroSectors U.S. Big Oil Index. The index selects the 10 most liquid stocks from the Solactive GBS United States Large & Mid Cap Index, screened for market cap and liquidity. Specifically, those with above USD 1 billion free-float market cap and those with minimum of 1-month and 6-month ADTV above USD 25 million are included. The index is weighted equally and TRBC Oil & Gas Industry classification is used. It’s worth noting that the product isn’t designed for long-term investors. 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.
NRGU Portfolio Data
NRGU Index Data
NRGU Fund Structure
NRGU Tax Exposures
NRGU Factset Analytics Block Liquidity
This measurement shows how easy it is to trade a $1 million USD block of NRGU. NRGU is rated a N/A out of 5.