MicroSectors U.S. Big Oil -3 Inverse Leveraged ETN (NRGD) Research
This senior, unsecured, medium-term note, issued by Bank of Montreal, is designed to deliver returns that are three times (3x) the inverse daily performance of its underlying index, compounded on a daily basis. Investors should note that these returns are subject to deductions including a daily investor fee, any negative daily interest, and, if applicable, a redemption fee. The underlying index itself is an equally dollar-weighted benchmark composed of the ten U.S.-listed energy and oil companies with the largest market capitalization.
Market snapshot
- Symbol
- NRGD
- Price
- $32.30
- Day change
- +6.23%
- Market cap
- $3.1M
- 52-week range
- 22.2-115
- Sector
- Financial Services
- Industry
- Asset Management - Leveraged
Recent news
- U.S. Natural Gas Futures Extend Decline
U.S. natural gas futures fell, with oil markets continuing to sell off on peace deal hopes and domestic weather-driven demand seen light for the next couple of weeks.
Peer companies
- iShares U.S. Select Equity Active ETF (BELT)
- MicroSectors Solactive FANG & Innovation -3X Inverse Leveraged ETN (BERZ)
- First Trust S-Network Streaming & Gaming ETF (BNGE)
- MicroSectors U.S. Big Banks -3 Inverse Leveraged ETN (BNKD)
- MicroSectors Gold -3X Inverse Leveraged ETNs (DULL)
- iShares ESG Aware 30/70 Conservative Allocation ETF (EAOK)
- Pacer Nasdaq-100 Top 50 Cash Cows Growth Leaders ETF (QQQG)
- RH Tactical Outlook ETF (RHTX)
Open MicroSectors U.S. Big Oil -3 Inverse Leveraged ETN (NRGD) in Thesis for live fundamentals, charts, options context, and portfolio-aware Copilot follow-ups.