NRGU
·NYSE
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Key Stats
Assets Under Management
25.26MUSD
Fund Flows (1Y)
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Dividend Yield
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Discount/Premium to NAV
0.36%
Shares Outstanding
1.50M
Expense Ratio
0.95%
About MicroSectors U.S. Big Oil 3X Leveraged ETNs
Issuer
BMO
Brand
REX Microsectors
Home Page
Inception Date
Feb 24, 2025
Structure
Exchange-Traded Note
Index Tracked
Solactive MicroSectors U.S. Big Oil Index
Management Style
Passive
Dividend Treatment
Reinvests
Distribution Tax Treatment
Qualified dividends
Income Tax Type
Capital Gains
Max ST Capital Gains Rate
39.60%
Max LT Capital Gains Rate
20.00%
Primary Advisor
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Distributor
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NRGU is a leveraged take on the US Oil and Gas industry and tracks three times its underlying 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. Its worth noting that the product isnt 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 is essentially a relaunch of an old ETN that was available from April 9, 2019, to July 24, 2024, with the same ticker and exposure.
Classification
Asset Class
Equity
Category
Sector
Focus
Energy
Niche
Oil, Gas & Consumable Fuels
Strategy
Equal
Geography
U.S.
Weighting Scheme
Equal
Selection Criteria
Market cap
Returns
1-Month | 3-Month | YTD | 1-Year | 3-Year | 5-Year | |
|---|---|---|---|---|---|---|
Price Performance | -11.56% | -11.52% | -32.40% | -32.40% | -32.40% | -32.40% |
NAV Total Return | +4.63% | +5.75% | -0.41% | -0.41% | -0.41% | -0.41% |
Ratings
No data is currently available
Ainvest’s AI-powered ETF Scoring Algorithm, built to help retail investors make smarter, data-driven decisions. Leveraging deep learning, reinforcement learning, and large language models, the algorithm scores ETFs across five key dimensions: Fund Flow, Momentum, Safety, Fundamentals, and Performance. Each factor is weighted by its correlation to future returns, resulting in a single, actionable score. Backtested over five years with consistently strong predictive accuracy. Ainvest brings institutional-grade artificial intelligence to everyday investors—transforming complexity into clarity with every score.
Holdings Analysis
Sector
Energy
100.00%
Energy
100.00%
Asset
Region
100%
Category
Ratio
North America
100.00%
Investment Style
Mega
Large
Medium
Multi
Small
Value
Blend
Growth
Medium-Cap Blend
Invests in mid-cap companies with a blend of value and growth features. These ETFs offer a balance between reasonable valuations and potential for growth.
Top 10 Holdings
No data is currently available
Dividends
No data is currently available
Premium/Discount Chart
Premium/Discount to NAV
Price
1M
Assets Under Management
Assets Under Management
1M
Fund Flows
Inflows
Outflows
1M
