MicroSectors U.S. Big Oil -3x Inverse Leveraged ETNs (NRGD)Trading--Inverse Equity | Exchange Traded Fund | NYSEArca
23.23 USD
-3.43
(-12.866%) ⇩
(July 13, 2026, 3:22 p.m.
EDT)
After hours: 23.02 -0.21 (-0.210%) ⇩ (July 13, 2026, 7:53 p.m. EDT) |
Hot Take ↕ | July 11, 2026, 3:18 a.m. EDT
This instrument is a leveraged inverse ETN designed to profit from falling oil prices, making it fundamentally unsuitable for long-term holding due to the inevitable decay of leveraged products over time and the absence of any underlying business assets. The price history confirms a catastrophic multi-year decline, dropping from nearly $89 to roughly $27, which aligns with the inverse nature of the fund tracking a rising energy sector. While the recent 14-day price action shows some volatility and a slight recovery attempt, the massive gap between the 52-week low and high indicates extreme instability rather than a sustainable trend. With zero dividends and a structure that erodes capital in flat or rising markets, there is no rational basis for a long-term investment thesis. |
| Model | MAE |
|---|---|
| AutoARIMA ✓ | 0.087223 |
| AutoETS | 0.087225 |
| MSTL | 0.090847 |
| AutoTheta | 0.099901 |
Forecast horizon: 45 days | Selected: AutoARIMA
| Forecast Reliability | |
|---|---|
| Score | 38% |
| H-stat | 0.49 |
| Ljung-Box p | 0.000 |
| Jarque-Bera p | 0.286 |
| Excess Kurtosis | -1.15 |
| Attribute | Value |
|---|---|
| Trailing P/E | 14.17 |
| Attribute | Value |
|---|---|
| All Time High | 233.65 |
| All Time Low | 22.2 |
| Ask | 0.0 |
| Ask Size | 200 |
| Average Daily Volume10 Day | 9,140 |
| Average Daily Volume3 Month | 28,554 |
| Average Volume | 28,554 |
| Average Volume10Days | 9,140 |
| Beta3 Year | 0.0 |
| Bid | 0.0 |
| Bid Size | 200 |
| Category | Trading--Inverse Equity |
| Crypto Tradeable | 0 |
| Currency | USD |
| Custom Price Alert Confidence | HIGH |
| Day High | 24.845 |
| Day Low | 23.0001 |
| Dividend Yield | 0.0 |
| Earnings Call Timestamp End | 1,748,433,600 |
| Earnings Call Timestamp Start | 1,748,433,600 |
| Earnings Timestamp End | 1,756,470,600 |
| Earnings Timestamp Start | 1,756,125,000 |
| Eps Trailing Twelve Months | 1.6398623 |
| Esg Populated | 0 |
| Exchange | PCX |
| Exchange Data Delayed By | 0 |
| Exchange Timezone Name | America/New_York |
| Exchange Timezone Short Name | EDT |
| Fifty Day Average | 27.6694 |
| Fifty Day Average Change | -4.439499 |
| Fifty Day Average Change Percent | -0.16044797 |
| Fifty Two Week Change Percent | -71.687996 |
| Fifty Two Week High | 106.125 |
| Fifty Two Week High Change | -82.895096 |
| Fifty Two Week High Change Percent | -0.7811081 |
| Fifty Two Week Low | 22.2 |
| Fifty Two Week Low Change | 1.0298996 |
| Fifty Two Week Low Change Percent | 0.04639187 |
| Fifty Two Week Range | 22.2 - 106.125 |
| First Trade Date Milliseconds | 1,740,061,800,000 |
| Full Exchange Name | NYSEArca |
| Fund Family | BMO Capital Markets |
| Fund Inception Date | 1,740,009,600 |
| Gmt Off Set Milliseconds | -14,400,000 |
| Has Pre Post Market Data | 1 |
| Is Earnings Date Estimate | 0 |
| Language | en-US |
| Legal Type | Exchange Traded Fund |
| Long Business Summary | The ETNs are senior unsecured medium-term notes issued by Bank of Montreal with a return linked to a three times leveraged participation in the inverse performance of the index, compounded daily, minus the Daily Investor Fee and, if applicable, the Redemption Fee Amount plus the Daily Interest (which could be negative). |
| Long Name | MicroSectors U.S. Big Oil -3x Inverse Leveraged ETNs |
| Market | us_market |
| Market State | PREPRE |
| Max Age | 86,400 |
| Message Board Id | finmb_1932060441 |
| Nav Price | 26.57953 |
| Net Assets | 30,846,314.0 |
| Net Expense Ratio | 0.35 |
| Open | 25.19 |
| Post Market Change | -0.2098999 |
| Post Market Change Percent | -0.90357643 |
| Post Market Price | 23.02 |
| Post Market Time | 1,783,986,826 |
| Previous Close | 26.66 |
| Price Hint | 2 |
| Quote Source Name | Nasdaq Real Time Price |
| Quote Type | ETF |
| Region | US |
| Regular Market Change | -3.4301 |
| Regular Market Change Percent | -12.8661 |
| Regular Market Day High | 24.845 |
| Regular Market Day Low | 23.0001 |
| Regular Market Day Range | 23.0001 - 24.845 |
| Regular Market Open | 25.19 |
| Regular Market Previous Close | 26.66 |
| Regular Market Price | 23.2299 |
| Regular Market Time | 1,783,970,574 |
| Regular Market Volume | 50,681 |
| Short Name | MicroSectors U.S. Big Oil -3 In |
| Source Interval | 15 |
| Symbol | NRGD |
| Total Assets | 30,846,314 |
| Tradeable | 0 |
| Trailing Annual Dividend Rate | 0.0 |
| Trailing Annual Dividend Yield | 0.0 |
| Trailing P E | 14.165763 |
| Trailing Peg Ratio | None |
| Trailing Three Month Nav Returns | 29.45852 |
| Trailing Three Month Returns | 29.45852 |
| Triggerable | 1 |
| Two Hundred Day Average | 52.64007 |
| Two Hundred Day Average Change | -29.410172 |
| Two Hundred Day Average Change Percent | -0.5587031 |
| Type Disp | ETF |
| Volume | 50,681 |
| Yield | 0.0 |
| Ytd Return | -61.13946 |