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NRGD — MicroSectors U.S. Big Oil -3x Inverse Leveraged ETNs

MicroSectors U.S. Big Oil -3x Inverse Leveraged ETNs (NRGD)

NRGD pays a 0.00% distribution rate, on a 0.35% expense ratio. Total return is -86.3% over the past 1.5 years, 115.7 points behind SPY at 29.4%. Its deepest 1-year drawdown was 83.1%.

NRGD is a 3x inverse leveraged ETN that seeks to deliver the opposite of three times the daily performance of large-cap oil and gas companies, making it a bearish bet on the energy sector designed for traders expecting sharp declines in big oil stocks. The fund carries a 0.35% expense ratio and does not currently distribute income, reflecting its use as a tactical hedging or short-term trading instrument rather than a yield-generating investment. This product appeals to experienced traders and institutional investors seeking to profit from or hedge against downturns in the oil and gas sector, though the leveraged structure and inverse design make it unsuitable for buy-and-hold income investors.

NRGD key facts

Issuer
REX Shares
Asset type
ETF
Asset class
Equity
Inception date
02/20/2025
Expense ratio
0.35%
Distribution rate
0.00%
Last close
$16.33
AUM
$20,083,600
Average volume
41200.0
P/E ratio
18.0402