YGRNMicroSectors U.S. Big Oil Index Inverse ETN
YGRN Fund Description
YGRN tracks the inverse of the performance of an equal-weighted index of US Oil & Gas Companies.
YGRN Factset Analytics Insight
YGRN is an inverse take on the US Oil and Gas industry. The fund tracks the inverse of the 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.
YGRN Charts And Performance
YGRN Portfolio Data
YGRN Index Data
YGRN Fund Structure
YGRN Tax Exposures
YGRN Factset Analytics Block Liquidity
This measurement shows how easy it is to trade a $1 million USD block of YGRN. YGRN is rated a N/A out of 5.