ATLASMicroSectors U.S. Big Oil 3X Leveraged ETNs (NRGU): outlook, holdings and fees
MicroSectors U.S. Big Oil 3X Leveraged ETNs (NRGU) is an exchange-traded fund and is managed by BMO Capital Markets. The expense ratio is 36.66% and the yield is 0.00%. The ten largest holdings are 100% of the fund.
Fund data as of Oct 14, 2026 · Price Nov 2, 2026
ATLAS view on NRGU
| Last price | $64.99 (-12.5%) |
|---|---|
| ATLAS chance of a higher price in 1 month | 46% |
| Likely 1-month range (50%) | $55.21 – $73.19 |
| Normal 1-day range (±1σ) | ±4.8% |
| Distribution yield | 0.00% |
ATLAS probabilities use the same calibrated model as every stock page. A fair value is shown for companies, not funds; the holdings below link to the fair value of each company.
NRGU fund facts
| Issuer | BMO Capital Markets |
|---|---|
| Theme | Leveraged |
| Assets under management | $96.2M |
| Expense ratio | 36.66% |
| Number of holdings | 10 |
| Inception | Feb 20, 2025 |
| Exchange | NYSE |
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).
NRGU top holdings
| Holding | Sector | Weight |
|---|---|---|
| Marathon Petroleum Corp MPC | Energy | 10.59% |
| Valero Energy Corporation VLO | Energy | 10.06% |
| Exxon Mobil Corp XOM | Energy | 10.21% |
| EOG Resources Inc EOG | Energy | 9.70% |
| Occidental Petroleum Corporation OXY | Energy | 9.60% |
| Phillips 66 PSX | Energy | 9.64% |
| ConocoPhillips COP | Energy | 10.20% |
| Chevron Corp CVX | Energy | 10.37% |
| Diamondback Energy Inc FANG | Energy | 9.56% |
| Devon Energy Corporation DVN | Energy | 10.05% |
Holdings with an ATLAS page link to their probability range, fair value and earnings calendar.
NRGU sector breakdown
| Sector | Weight |
|---|---|
| Energy | 100.0% |
By region: North America 100.0%.
NRGU returns and risk
| Year to date | +261.6% |
|---|---|
| 1 year | +236.7% |
| Volatility (3 years) | 0.0% |
| Sharpe ratio (3 years) | 0.00 |
Past returns do not guarantee future results.
NRGU: frequently asked questions
What does NRGU invest in?
MicroSectors U.S. Big Oil 3X Leveraged ETNs invests in a portfolio of securities. Its largest holdings are Marathon Petroleum Corp (10.6%), Valero Energy Corporation (10.1%), Exxon Mobil Corp (10.2%), EOG Resources Inc (9.7%), Occidental Petroleum Corporation (9.6%).
What is the NRGU expense ratio?
36.66% a year: about $3,666.00 for every $10,000 invested.
What is the NRGU dividend yield?
0.00%. ATLAS does not hold the exact distribution dates for ETFs.
Will NRGU go up?
Nobody can know. The ATLAS model puts the chance of a higher price in one month at 46%, with a likely range (50%) of $55.21 to $73.19 from $64.99 today. It is a probability, not a prediction.
How has NRGU performed?
Year to date +261.6%, one year +236.7%. Past returns do not guarantee future results.
Similar ETFs: Leveraged
Educational information, not investment advice. Disclaimer