MicroSectors U.S. Big Oil Index 2X Leveraged ETNs (NRGO) Research
This investment product seeks to provide twice the daily return of the Solactive MicroSectorsTM U.S. Big Oil Index. These are senior, unsecured, medium-term notes issued by Bank of Montreal, with their value directly tied to a double-leveraged participation in the index's compounded daily performance. This return is calculated prior to the deduction of a daily investor fee, a daily financing charge, and any applicable redemption fee. The benchmark index itself is composed of the 10 U.S.-listed companies with the largest market capitalizations in the energy and oil sectors, with each component holding an equal weighting.
Market snapshot
- Symbol
- NRGO
- Price
- $15.81
- Day change
- -0.44%
- Market cap
- $3.7M
- 52-week range
- 5.535-43.702
- Sector
- Financial Services
- Industry
- Asset Management - Leveraged
Peer companies
- iShares Russell 1000 Pure U.S. Revenue ETF (AMCA)
- Simplify Emerging Markets Equity PLUS Downside Convexity ETF (EMGD)
- MicroSectors FANG+ Index -2X Inverse Leveraged ETN (FNGZ)
- AXS FOMO ETF (FOMO)
- Harbor Corporate Culture Leaders ETF (HAPY)
- Direxion Daily Global Clean Energy Bull 2X Shares (KLNE)
- UBS ETRACS Monthly Pay 2xLeveraged MSCI US REIT Index ETN (LRET)
- NightShares 500 ETF (NSPY)
Open MicroSectors U.S. Big Oil Index 2X Leveraged ETNs (NRGO) in Thesis for live fundamentals, charts, options context, and portfolio-aware Copilot follow-ups.