MicroSectors U.S. Big Oil Index 3X Leveraged ETNs
Ticker
NRGU
ISIN
-
Price
USD 502.48
Change Today
-
Price 1 year ago
466.41 / 7.734 %
Morningstar
-
52 Week Low
357.76
52 Week High
713.89
200 Day Moving Average 491.77
491.77
50-day Moving Average
497.93
Price evolution
Yearly returns
Peers comparison
Risk factors
1 year
| Parameter | Value |
|---|---|
| Sharpe Ratio | -0.95 |
| Sortino Ratio | -0.38 |
| Maximum Drawdown | -13.08% |
| Maximum Drawdown Date | 2024-01-09 |
| Calmar Ratio | 25.34 |
1 year
| Parameter | Value |
|---|---|
| Treynor Ratio | - |
| Return | -3.46 |
| Volatility | 12.206% |
| Alpha | +157.59 |
| Beta | -- |
| R Squared | +43.06 |
History
| Parameter | Value |
|---|---|
| Average Annual Return | 400.203% |
| Average Annual Volatility | 848.437% |
| Sharpe Ratio | 0.47 |
| Sortino Ratio | 3.93 |
| Maximum Drawdown | -100.0% |
| Maximum Drawdown Date | 2020-10-09 |
| Calmar Ratio | -4.04 |
Company information
Summary
The investment seeks to reflect a 3x leveraged long exposure to the performance of the Solactive MicroSectorsTM U.S. Big Oil Index on a daily basis. The notes are senior unsecured medium-term notes issued by Bank of Montreal with a return linked to a three times leveraged participation in the performance of the index, compounded daily, less a Daily Investor Fee, the Daily Financing Charge and, if applicable, the Redemption Fee Amount. The index is an equal-dollar weighted index designed to represent the 10 U.S. listed stocks with the largest market capitalization in the energy/oil sector.
Market
US
Category
Trading--Leveraged Equity
Expense Ratio
0.95%
Fund family
BMO Capital Markets
Morningstar
-
Yield
-
Exchange
PCX
| Sector | Weight |
|---|---|
| Energy | 100.00% |
| Realestate | 0.00% |
| Consumer cyclical | 0.00% |
| Basic materials | 0.00% |
| Consumer defensive | 0.00% |
| Technology | 0.00% |
| Communication services | 0.00% |
| Financial services | 0.00% |
| Utilities | 0.00% |
| Industrials | 0.00% |
| Healthcare | 0.00% |
| Country | Ratio |
|---|---|
| United States | 100.00 |
| Argentina | 0.00 |
| Australia | 0.00 |
| Austria | 0.00 |
| Belgium | 0.00 |
| Brazil | 0.00 |
| Canada | 0.00 |
| Chile | 0.00 |
| China | 0.00 |
| Colombia | 0.00 |
Holdings
| Symbol | Name | Allocation |
|---|---|---|
| CVX | Chevron Corp | 10.0% |
| COP | ConocoPhillips | 10.0% |
| EOG | EOG Resources Inc | 10.0% |
| XOM | Exxon Mobil Corp | 10.0% |
| HES | Hess Corp | 10.0% |
| MPC | Marathon Petroleum Corp | 10.0% |
| OXY | Occidental Petroleum Corp | 10.0% |
| PSX | Phillips 66 | 10.0% |
| PXD | Pioneer Natural Resources Co | 10.0% |
| VLO | Valero Energy Corp | 10.0% |
Alternative funds
| Ticker | Name | Isin | Exchange | Expenses | Morningstar | Alpha | Beta |
|---|---|---|---|---|---|---|---|
| DGRW | WisdomTree U.S. Quality Dividend Growth Fund | IE00BZ56RD9 | NGM | 0.28% | 5 | +6.07 | |
| FNDX | Schwab Fundamental U.S. Large Company Index ETF | US808524771 | PCX | 0.25% | 5 | +8.30 | |
| IHI | iShares U.S. Medical Devices ETF | US4642888105 | PCX | 0.39% | 5 | -2.28 | |
| PAVE | Global X U.S. Infrastructure Development ETF | IE00BLCHJ53 | BTS | 0.47% | 5 | +23.28 | |
| SCHD | Schwab U.S. Dividend Equity ETF | US8085247976 | PCX | 0.06% | 5 | +7.37 |
Sustainability scores
Events
Indicators
Glossary
- Momentum
- A technical indicator that measures the rate of change in price movements over a specific period. It indicates the strength or weakness of a price trend.
Assessment: A positive momentum value generally indicates a good trend, while a negative value suggests a weak or downward trend.
- Inertia
- In trading, inertia refers to the tendency of prices to continue moving in their current direction. It suggests that an asset's price will likely maintain its current trend.
Assessment: A higher inertia value is generally considered good, as it indicates a strong and sustained price trend.
- Relative Strength Index (RSI)
- A momentum oscillator that measures the speed and change of price movements. It helps identify overbought or oversold conditions in an asset.
Assessment: An RSI value above 70 is typically considered overbought and may suggest a potential reversal or correction. Conversely, an RSI value below 30 is often considered oversold, indicating a possible upward price correction.
- Fibonacci's Weighted Moving Average
- A technical indicator that assigns different weights to recent data points, giving more significance to recent prices. It helps smooth out price fluctuations and identify trend reversals.
Assessment: The interpretation of the Fibonacci's Weighted Moving Average value depends on its comparison to other moving averages or trendlines. A value above 50 may indicate an uptrend, while a value below 50 may suggest a downtrend.
- Williams %R
- A momentum indicator that measures overbought or oversold conditions in an asset. It shows the relationship of the current closing price to the high-low range over a specified period.
Assessment: Williams %R values above -20 are typically considered overbought and may indicate a potential price reversal. Values below -80 are often viewed as oversold, suggesting a potential price bounce.
- Relative Volatility Index (RVI)
- A technical indicator that measures the volatility of a security by comparing the magnitude of recent price movements to the magnitude of average price changes. It helps identify periods of high or low volatility.
Assessment: A higher RVI value suggests higher volatility, which can provide trading opportunities but also carries increased risk.
- Commodity Channel Index (CCI)
- A versatile indicator that measures the current price level relative to an average price level over a given period. It helps identify overbought or oversold conditions and potential trend reversals.
Assessment: CCI values above 100 are often considered overbought, indicating a potential price correction or reversal. Values below -100 are typically viewed as oversold, suggesting a potential price rebound.