Microsectors U.S. Big Oil 3x Leveraged ETNs (NRGU) Performance
NRGU total return
Distributions reinvested · as of Oct 23, 2026- YTD
- +322.3% since Dec 31, 2025
- 1 year
- +286.3% total return
- Since first price
- +182.9% since 2025
NRGU trailing returns vs SPY, QQQ, AGG
| Period | NRGU total return | Price only | S&P 500 (SPY) | Nasdaq-100 (QQQ) | U.S. bonds (AGG) |
|---|---|---|---|---|---|
| 1 month | +39.8% | +39.8% | −1.0% | −5.0% | +0.9% |
| 3 months | +64.4% | +64.4% | +3.2% | +1.9% | −0.4% |
| 6 months | +106.5% | +106.5% | +7.8% | +8.4% | −1.5% |
| YTD | +322.3% | +322.3% | +12.3% | +15.1% | −1.0% |
| 1 year | +286.3% | +286.3% | +14.4% | +15.9% | −1.1% |
| Since inceptionFeb 20, 2025 | +182.9% | +182.9% | — | — | — |
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: NRGU vs SPY
From Feb 20, 2025: NRGU grew to $28,292, SPY to $12,695.
Year-end values with distributions reinvested, no taxes or trading costs. Start: first common trading day of both funds.
NRGU returns by calendar year
2026 is year to date.
NRGU annual returns table
| Year | NRGU | Largest drop | SPY | QQQ | AGG |
|---|---|---|---|---|---|
| 2026YTD | +322.3% | −43.9% | +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.
NRGU largest drawdowns
At an all-time high| Peak | Decline | Bottom | Recovered | Fall | Underwater |
|---|---|---|---|---|---|
| Feb 20, 2025 | −57.5% | Apr 10, 2025 | Feb 4, 2026 | 49 days | 11 months |
| Mar 27, 2026 | −43.9% | Jun 30, 2026 | Aug 17, 2026 | 3 months | 5 months |
| Sep 15, 2026 | −23.0% | Sep 29, 2026 | Oct 13, 2026 | 14 days | 28 days |
Declines from a closing high (distributions reinvested) of 10% or more. Underwater = time from the peak until the old high was regained.
NRGU risk statistics
| Statistic | Since 2025 |
|---|---|
| Annualized return | +63.6% |
| Volatility (annualized) | 88.8% |
| Sharpe ratio | 0.93 |
| Sortino ratio | 1.82 |
| Best month | +58.1% |
| Worst month | −46.4% |
| Best 12 months | +226.3% |
| Worst 12 months | +29.7% |
| Positive months | 58% |
| 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.
NRGU rolling returns
| Holding period | Periods | Worst | Median | Best | Positive |
|---|---|---|---|---|---|
| 1-year | 9 | +29.7% | +147.4% | +305.4% | 100% |
Every holding period starting at a month-end since 2025. Returns for 3 years and longer are annualized.
NRGU performance overview
Microsectors U.S. Big Oil 3x Leveraged ETNs (NRGU) returned +286.3% over the past year, with distributions reinvested. Since its first recorded price on Feb 20, 2025 it has returned +182.9%. Over the same year S&P 500 (SPY) returned +14.4%.
The deepest decline was −57.5%, from Feb 20, 2025 to Apr 10, 2025, and it took 10 months to get back to the old high. Volatility has been 88.8% a year.
Related: NRGU chart, NRGU holdings, NRGU valuation. See the NRGU overview for the latest quote and fund facts.
NRGU performance FAQ
What is the NRGU return over the past year?
NRGU returned +286.3% over the 12 months to October 23, 2026, including reinvested distributions. On price alone it rose 286.3%.
How much would $10,000 invested in NRGU be worth?
$10,000 invested in NRGU at its first recorded close on February 20, 2025 would be worth about $28,292 on October 23, 2026 with distributions reinvested.
What is the biggest drawdown of NRGU?
The largest peak-to-trough decline was −57.5% between February 20, 2025 and April 10, 2025. It recovered to the old high on February 4, 2026, 10 months after the bottom.
How volatile is NRGU?
Over the past history NRGU had an annualized volatility of 88.8% and a Sharpe ratio of 0.93 (excess return over 1–3 month T-bills per unit of risk).