NRGUMicroSectors U.S. Big Oil Index 3X Leveraged ETN
NRGU Fund Description
The MicroSectors U.S. Big Oil Index 3x Leveraged ETN tracks three times the performance of an equal-weighted index of U.S. Oil & Gas Companies.
NRGU Factset Analytics Insight
NRGU is a leveraged take on the U.S. Oil and Gas industry. Specifically, the fund tracks three times the underlying index, which selects the 10 largest qualifying stocks and even weights them. NRGU charges a steep fee for such exposure; however, 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 CHARTS AND PERFORMANCE
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.