MicroSectors U.S. Big Oil 3 Leveraged ETN (NRGU) Dividend Yield, History & Forecast

MicroSectors U.S. Big Oil 3 Leveraged ETN (NRGU) is an exchange-traded fund (ETF) listed on the New York Stock Exchange Arca. market capitalization is approximately $92M.

NRGU fund composition

NRGU holds 10 positions, with 100.0% of assets in its ten largest. It charges an expense ratio of 0.95%, and manages $107.8M.

Top 10 holdings

HoldingWeight
COPConocoPhillips10.00%
CVXChevron Corp10.00%
EOGEOG Resources10.00%
HESHess10.00%
MPCMarathon Petroleum10.00%
OXYOccidental Petroleum10.00%
PSXPhillips 6610.00%
PXDPioneer Natural Resources10.00%
VLOValero Energy10.00%
XOMExxon Mobil10.00%

Sector allocation

Energy100.0%

Frequently Asked Questions about MicroSectors U.S. Big Oil 3 Leveraged ETN (NRGU)

What does MicroSectors U.S. Big Oil 3 Leveraged ETN invest in?
These senior, unsecured, medium-term notes, issued by Bank of Montreal, are designed to provide investors with a return equivalent to three times the daily performance of their underlying index, compounded daily. However, potential returns are reduced by an ongoing Daily Investor Fee, a Daily Financing Charge, and, if applicable, a Redemption Fee. The benchmark for these notes is an equally-weighted index comprising the ten U.S.-listed companies with the largest market capitalization within the energy and oil sector.