BMO Capital MarketsInverse EquityNRGD · NYSE Arca

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

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Price: $12.05; —12 Nov 2026
Assets: $10.2M; Total net assets
Expense ratio: 0.35%; Category 0.00%
Yield: 0.00%; Trailing distributions

1Y return: -84.7%-55.7%; Category -29.0%
3Y CAGR: —; Category -35.8%
5Y CAGR: —; Category -23.7%

$12.05—12 Nov 2026

Fund

Assets: $10.2M
Expense: 0.35%
Categ. exp: 0.00%
Yield: 0.00%

ReturnFundCateg.

1Y-84.7%-29.0%

3Y—-35.8%

5Y—-23.7%

Launch-73.6%—

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MicroSectors U.S. Big Oil - 3 Inverse Leveraged ETN

Calendar-year returns

Fund only: no comparison series covers this fund's history.

Risk statistics

Five years of daily closes. Risk-free rate 4% a year.

Standard deviation: —
Maximum drawdown: —
Sharpe ratio: —
Sortino ratio: —
Beta: —
Alpha: —
R²: —
Information ratio: —
Upside capture: —
Downside capture: —
Tracking error: —

Trailing returns compared with benchmark
Period	1M	3M	6M	YTD	1Y	3YCAGR	5YCAGR	10YCAGR	LaunchCAGR
ETF	+16.0%	-28.6%	-56.3%	-85.1%	-84.7%	—	—	—	-73.6%
Inverse Equity average	11.5%	8.2%	-9.1%	-31.0%	-29.0%	-35.8%	-23.7%	-29.3%	-37.1%
Difference	+4.6%	-36.9%	-47.2%	-54.1%	-55.7%	—	—	—	-36.4%

Holdings

The 10 largest positions make up 100.0% of the fund.

Top holdings

Largest holdings by weight
Ticker	Holding	Weight
XOM	ExxonMobil Holdings Corp	10.37%
CVX	Chevron Corp	10.25%
EOG	EOG Resources Inc	10.18%
DVN	Devon Energy Corp	10.08%
FANG	Diamondback Energy Inc	10.05%
COP	ConocoPhillips	10.00%
VLO	Valero Energy Corp	9.86%
OXY	Occidental Petroleum Corp	9.81%
PSX	Phillips 66	9.71%
MPC	Marathon Petroleum Corp	9.70%

Portfolio valuation

Weighted averages of what the fund holds.

P/E: 15.5
P/B: 2.2
P/S: 1.4
P/CF: 6.7

Sector allocation

Share of the equity the fund holds.

Energy100.0%

Asset mix

Stocks100.0%

ETF details

Issuer: BMO Capital Markets
Category: Equity · Inverse Equity
Ticker: NRGD
Exchange: NYSE Arca
Inception: 20 Feb 2025 (1.7 years)
Structure: Exchange Traded Fund
Expense ratio: 0.35% (category 0.00%)
Holdings turnover: 0%
Distribution yield: 0.00%
Beta, 3 years: 0.00
Total net assets: $10.2M

Prices and returns as of 12 Nov 2026; total return with distributions reinvested, before brokerage and taxes. Not investment advice.

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