NRGD ETF Price & Analysis
NRGD ETF Chart & Stats
- Day’s Range
- $9.83 - $10.39
- 52-Week Range
- $9.83 - $95.08
- Previous Close
- $10.55
- Volume
- 71.70K
- Average Volume (3M)
- 44.56K
- AUM
- 10.58M
- NAV
- 9.82
- Expense Ratio
- 2.60%
- Holdings Count
- 0
- Beta
- -0.58
- Inception Date
- Feb 19, 2025
- Last Dividend Ex-Date
- N/A
- Dividend Yield
- N/A
- Shares Outstanding
- 1,000,000
- Standard Deviation
- N/A
ETF Overview
MicroSectors U.S. Big Oil -3 Inverse Leveraged ETN
The MicroSectors U.S. Big Oil -3 Inverse Leveraged ETN (ticker: NRGD) is a sophisticated financial instrument designed for experienced investors seeking to capitalize on declining market conditions within the U.S. oil and gas sector. This Exchange-Traded Note offers a unique opportunity by providing three times the inverse exposure to an equal-weighted index comprised of major U.S. oil and gas companies. Positioned within the energy sector and specifically targeting the oil, gas, and consumable fuels niche, NRGD is tailored for those anticipating short-term downturns in the market. By amplifying inverse returns, this ETN allows investors to potentially benefit from negative movements in the stock prices of leading oil and gas firms. However, due to its leveraged nature, NRGD carries a high risk and is best suited for active traders with a strong appetite for risk and a keen understanding of market dynamics. As such, it is a potent tool for tactical positioning in portfolios aimed at navigating the volatile energy landscape.