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MicroSectors U.S. Big Oil -3x Inverse Leveraged ETNs (NRGD)

Trading--Inverse Equity | Exchange Traded Fund | NYSEArca
35.48 USD +4.10 (13.081%) ⇧ (April 17, 2026, 3:49 p.m. EDT)
After hours: 35.01 -0.47 (-0.467%) ⇩ (April 17, 2026, 7:58 p.m. EDT)

Short-term: ★★★☆☆ | Long-term: ★★★☆☆ | Dividends: ★☆☆☆☆
Hot Take | April 19, 2026, 1:03 a.m. EDT

NRGD presents as a purely tactical, short-term contrarian vehicle with zero long-term investment merit. While the instrument is currently trading near its technical support (fifty-day average) after a protracted bearish trend, the -3x leverage amplifies volatility decay and drift risks, making any 'buy' thesis highly speculative. The absence of dividends, combined with the extreme statistical confidence of the point forecast showing a sharp decline (-16.6%), and the breaking of the 200-day moving average, suggests this is not a buy-and-hold position but rather a high-risk volatility play that is currently approaching exhaustion.

Model Selection — Backtest MAE (log-scale, lower is better)
ModelMAE
AutoTheta ✓0.500014
MSTL0.543618
AutoETS0.547798
AutoARIMA0.547822

Forecast horizon: 45 days | Selected: AutoTheta

Forecast Reliability
Score 45%
H-stat 7.42
Ljung-Box p 0.000
Jarque-Bera p 0.397
Excess Kurtosis -0.90
Attribute Value
Trailing P/E 30.87

Info Dump

Attribute Value
All Time High 233.65
All Time Low 22.2
Ask 35.6
Ask Size 2,100
Average Daily Volume10 Day 30,380
Average Daily Volume3 Month 14,947
Average Volume 14,947
Average Volume10Days 30,380
Beta3 Year 0.0
Bid 35.0
Bid Size 300
Category Trading--Inverse Equity
Crypto Tradeable 0
Currency USD
Custom Price Alert Confidence HIGH
Day High 38.276
Day Low 35.4765
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 1.149191
Esg Populated 0
Exchange PCX
Exchange Data Delayed By 0
Exchange Timezone Name America/New_York
Exchange Timezone Short Name EDT
Fifty Day Average 35.05454
Fifty Day Average Change 0.42196274
Fifty Day Average Change Percent 0.012037321
Fifty Two Week Change Percent -79.530334
Fifty Two Week High 175.55
Fifty Two Week High Change -140.0735
Fifty Two Week High Change Percent -0.7979123
Fifty Two Week Low 22.2
Fifty Two Week Low Change 13.276501
Fifty Two Week Low Change Percent 0.5980406
Fifty Two Week Range 22.2 - 175.55
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 31.2973
Net Assets 4,765,436.0
Net Expense Ratio 0.35
Open 35.42
Post Market Change -0.46650314
Post Market Change Percent -1.3149638
Post Market Price 35.01
Post Market Time 1,776,470,338
Previous Close 31.3726
Price Hint 2
Quote Source Name Nasdaq Real Time Price
Quote Type ETF
Region US
Regular Market Change 4.1039
Regular Market Change Percent 13.0812
Regular Market Day High 38.276
Regular Market Day Low 35.4765
Regular Market Day Range 35.4765 - 38.276
Regular Market Open 35.42
Regular Market Previous Close 31.3726
Regular Market Price 35.4765
Regular Market Time 1,776,455,367
Regular Market Volume 66,543
Short Name MicroSectors U.S. Big Oil -3 In
Source Interval 15
Symbol NRGD
Total Assets 4,765,436
Tradeable 0
Trailing Annual Dividend Rate 0.0
Trailing Annual Dividend Yield 0.0
Trailing P E 30.870848
Trailing Peg Ratio None
Trailing Three Month Nav Returns -69.98224
Trailing Three Month Returns -69.98224
Triggerable 1
Two Hundred Day Average 70.96996
Two Hundred Day Average Change -35.49346
Two Hundred Day Average Change Percent -0.5001195
Type Disp ETF
Volume 66,543
Yield 0.0
Ytd Return -69.98224