# MicroSectors U.S. Big Oil -3× Inverse Leveraged ETNs (NRGD) — Overview

NRGD · NYSE · Fund

Canonical page: https://www.lighthorse.io/tickers/nrgd

## Price

Last close $10.55 on Oct 15, 2026. 52-week range $10.13 – $94.65.

## Fund profile

NRGD tracks three times the inverse performance of an equal-weighted index of US Oil & Gas companies.

| Metric | Value |
| --- | --- |
| Issuer | BMO |
| Industry | Energy |
| Inception | Feb 24, 2025 |
| Assets under management | $10.1M |
| Expense ratio | 2.60% |
| Net asset value | $10.36 (as of Oct 14, 2026) |
| Distributions | — |
| Leverage | 3x |

## Frequently Asked Questions

### What is MicroSectors U.S. Big Oil -3× Inverse Leveraged ETNs (NRGD)?

NRGD tracks three times the inverse performance of an equal-weighted index of US Oil & Gas companies.

### What is NRGD's expense ratio?

MicroSectors U.S. Big Oil -3× Inverse Leveraged ETNs charges an annual expense ratio of 2.60%. The fund is issued by BMO.

### How large is NRGD?

MicroSectors U.S. Big Oil -3× Inverse Leveraged ETNs manages $10.1M in assets and has traded since Feb 24, 2025.

### How do I buy shares of MicroSectors U.S. Big Oil -3× Inverse Leveraged ETNs (NRGD)?

NRGD trades commission-free with a Light Horse Securities brokerage account — from the mobile app, the web at [Light Horse Dashboard](https://portal.lighthorse.io), the trading API, or an [AI agent connected over MCP](/instructions/ai/claude). The trade panel on this page places the order once you are signed in.

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Quotes and charts are not real-time and must not be relied on for trade decisions or valuation.

This page is for informational purposes only. Nothing on it is a recommendation, solicitation or offer to buy or sell any security, nor investment, legal or tax advice. Light Horse Securities Inc does not verify third-party data and is not responsible for its accuracy, completeness or timeliness.

Data provided by [AInvest](https://www.ainvest.com).