MicroSectors U.S. Big Oil -3x Inverse… (NRGD) Performance
NRGD total return
Distributions reinvested · as of Oct 23, 2026- YTD
- −88.0% since Dec 31, 2025
- 1 year
- −88.0% total return
- Since first price
- −91.9% since 2025
NRGD trailing returns vs SPY, QQQ, AGG
| Period | NRGD total return | Price only | S&P 500 (SPY) | Nasdaq-100 (QQQ) | U.S. bonds (AGG) |
|---|---|---|---|---|---|
| 1 month | −32.2% | −32.2% | −1.0% | −5.0% | +0.9% |
| 3 months | −50.5% | −50.5% | +3.2% | +1.9% | −0.4% |
| 6 months | −68.0% | −68.0% | +7.8% | +8.4% | −1.5% |
| YTD | −88.0% | −88.0% | +12.3% | +15.1% | −1.0% |
| 1 year | −88.0% | −88.0% | +14.4% | +15.9% | −1.1% |
| Since inceptionFeb 20, 2025 | −91.9% | −91.9% | — | — | — |
Total return from adjusted closes (distributions reinvested, before tax). Periods of 3 years or more are also shown annualized. Price only excludes distributions.
Growth of $10,000: NRGD vs SPY
From Feb 20, 2025: NRGD grew to $813, SPY to $12,695.
Year-end values with distributions reinvested, no taxes or trading costs. Start: first common trading day of both funds.
NRGD returns by calendar year
2026 is year to date.
NRGD annual returns table
| Year | NRGD | Largest drop | SPY | QQQ | AGG |
|---|---|---|---|---|---|
| 2026YTD | −88.0% | −87.5% | +12.3% | +15.1% | −1.0% |
Largest drop = deepest fall from a high within that calendar year.
Calendar-year return vs largest drop within the year
Most years include a sizable fall at some point even when the year ends higher.
NRGD largest drawdowns
Now 95.6% below the high| Peak | Decline | Bottom | Recovered | Fall | Underwater |
|---|---|---|---|---|---|
| Apr 8, 2025 | −95.6% | Oct 23, 2026 | not yet | 1.5 years | 1.5 years so far |
| Mar 5, 2025 | −28.1% | Mar 26, 2025 | Apr 4, 2025 | 21 days | 30 days |
Declines from a closing high (distributions reinvested) of 10% or more. Underwater = time from the peak until the old high was regained.
NRGD risk statistics
| Statistic | Since 2025 |
|---|---|
| Annualized return | −75.0% |
| Volatility (annualized) | 65.7% |
| Sharpe ratio | -1.70 |
| Sortino ratio | -1.71 |
| Best month | +32.0% |
| Worst month | −41.1% |
| Best 12 months | −68.8% |
| Worst 12 months | −83.8% |
| Positive months | 37% |
| Beta vs S&P 500 | — |
| Correlation with S&P 500 | — |
From monthly total returns. Sharpe and Sortino use 1–3 month T-bills (BIL) as the risk-free rate, so they need history from 2007 on.
NRGD rolling returns
| Holding period | Periods | Worst | Median | Best | Positive |
|---|---|---|---|---|---|
| 1-year | 9 | −88.5% | −80.0% | −68.8% | 0% |
Every holding period starting at a month-end since 2025. Returns for 3 years and longer are annualized.
NRGD performance overview
MicroSectors U.S. Big Oil -3x Inverse… (NRGD) returned −88.0% over the past year, with distributions reinvested. Since its first recorded price on Feb 20, 2025 it has returned −91.9%. Over the same year S&P 500 (SPY) returned +14.4%.
The deepest decline was −95.6%, from Apr 8, 2025 to Oct 23, 2026; the fund has not yet regained that high. Volatility has been 65.7% a year.
Related: NRGD chart, NRGD holdings, NRGD valuation. See the NRGD overview for the latest quote and fund facts.
NRGD performance FAQ
What is the NRGD return over the past year?
NRGD returned −88.0% over the 12 months to October 23, 2026, including reinvested distributions. On price alone it fell 88.0%.
How much would $10,000 invested in NRGD be worth?
$10,000 invested in NRGD at its first recorded close on February 20, 2025 would be worth about $813 on October 23, 2026 with distributions reinvested.
What is the biggest drawdown of NRGD?
The largest peak-to-trough decline was −95.6% between April 8, 2025 and October 23, 2026. It has not yet recovered to that high; it is 95.6% below its peak.
How volatile is NRGD?
Over the past history NRGD had an annualized volatility of 65.7% and a Sharpe ratio of -1.70 (excess return over 1–3 month T-bills per unit of risk).