MicroSectors U.S. Big Oil 3 Leveraged ETN (NRGU) Research
These senior, unsecured, medium-term notes, issued by Bank of Montreal, are designed to provide investors with a return equivalent to three times the daily performance of their underlying index, compounded daily. However, potential returns are reduced by an ongoing Daily Investor Fee, a Daily Financing Charge, and, if applicable, a Redemption Fee. The benchmark for these notes is an equally-weighted index comprising the ten U.S.-listed companies with the largest market capitalization within the energy and oil sector.
Market snapshot
- Symbol
- NRGU
- Price
- $29.07
- Day change
- -6.10%
- Market cap
- $123.0M
- 52-week range
- 15.92-53.08
- Sector
- Financial Services
- Industry
- Asset Management - Leveraged
Recent news
- US natgas output and demand to hit record highs in 2026, EIA says
U.S. natural gas supply and demand will both rise to record highs in 2026, the U.S. Energy Information Administration said in its Short-Term Energy Outlook on Tuesday.
- 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 High Yield Active ETF (BRHY)
- Xtrackers MSCI Emerging Markets Hedged Equity ETF (DBEM)
- ProShares - Ultra Energy (DIG)
- First Trust Germany AlphaDEX Fund (FGM)
- First Trust United Kingdom AlphaDEX Fund (FKU)
- iShares MSCI Qatar ETF (QAT)
- Rayliant Quantamental Emerging Market Equity ETF (RAYE)
- RockCreek Global Equality ETF (RCGE)
Open MicroSectors U.S. Big Oil 3 Leveraged ETN (NRGU) in Thesis for live fundamentals, charts, options context, and portfolio-aware Copilot follow-ups.