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 0.29
Sortino Ratio 0.06
Maximum Drawdown -13.08%
Maximum Drawdown Date 2024-01-09
Calmar Ratio -5.36

1 year

Parameter Value
Treynor Ratio -
Return 1.11
Volatility 16.315%
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.