Zacks Investment Research · Dec 8, 2023
Inverse Energy ETFs Rise Amid Steep Decline in Oil
Oil prices are on their longest weekly losing streak since 2018, leading to a surge in inverse or inverse-leveraged energy ETFs.
AMEX · NRGD
Financial Services · Asset Management
$14.88
Up+$0.87 (+6.19%)
Updated Sep 23, 2026, 6:47 AM
SID Score
2.8/10
Composite research score
Smart Money
—
Institutional and insider signal
Price performance
1M range · 20 trading sessions · Daily adjusted prices
NRGD closed at $14.88 after 20 trading sessions, down 4.60% for the selected period.
| Date | Open | High | Low | Close | Volume |
|---|---|---|---|---|---|
| Sep 22, 2026 | $14.72 | $15.00 | $13.89 | $14.88 | 107.39K |
| Sep 21, 2026 | $13.12 | $14.12 | $12.955 | $14.0122 | 79.25K |
| Sep 18, 2026 | $12.765 | $12.91 | $12.5001 | $12.76 | 28.32K |
| Sep 17, 2026 | $13.50 | $13.55 | $12.65 | $12.80 | 76.54K |
| Sep 16, 2026 | $12.60 | $13.185 | $12.57 | $13.00 | 126.2K |
| Sep 15, 2026 | $12.91 | $12.91 | $11.72 | $12.08 | 136.06K |
| Sep 14, 2026 | $12.36 | $13.29 | $12.115 | $13.09 | 32.36K |
| Sep 11, 2026 | $13.01 | $13.07 | $12.54 | $12.911 | 61.2K |
| Sep 10, 2026 | $12.45 | $13.6148 | $12.10 | $13.0184 | 30.42K |
| Sep 9, 2026 | $13.00 | $13.30 | $12.96 | $13.09 | 49.8K |
| Sep 8, 2026 | $13.68 | $13.81 | $13.17 | $13.575 | 20.55K |
| Sep 4, 2026 | $14.08 | $14.72 | $13.925 | $14.0657 | 73.39K |
| Sep 3, 2026 | $13.56 | $13.7327 | $13.15 | $13.7327 | 63.28K |
| Sep 2, 2026 | $14.015 | $14.03 | $13.40 | $13.59 | 21.46K |
| Sep 1, 2026 | $13.96 | $14.325 | $13.80 | $13.80 | 18.44K |
| Aug 31, 2026 | $14.61 | $15.08 | $14.13 | $14.50 | 25.94K |
| Aug 28, 2026 | $15.41 | $15.57 | $15.38 | $15.42 | 11.31K |
| Aug 27, 2026 | $15.55 | $16.10 | $15.44 | $15.59 | 29.23K |
| Aug 26, 2026 | $16.25 | $16.25 | $15.14 | $15.5057 | 23.41K |
| Aug 25, 2026 | $15.25 | $15.60 | $15.1724 | $15.5981 | 30.71K |
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NRGD research
Company profile and research snapshot.
NRGD is a leveraged take on US Oil and Gas industry and tracks three times the inverse of its underlying index. The index selects the 10 most liquid stocks from the Solactive GBS United States Large & Mid Cap Index, screened for market cap and liquidity. Specifically, those with above USD 1 billion free-float market cap and those with minimum of 1-month and 6-month ADTV above USD 25 million are included. The index is weighted equally and TRBC Oil & Gas Industry classification is used. Its worth noting that the product isnt designed for long-term investors. The fund rebalances daily. As a result, compounding and path dependency make its long-term returns difficult to predict when compared with its underlying index. NRGD is essentially a relaunch of an old ETN that was available from April 9, 2019, to July 24, 2024, with the same ticker and exposure.
Consensus and target data currently published for this company.
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Zacks Investment Research · Dec 8, 2023
Oil prices are on their longest weekly losing streak since 2018, leading to a surge in inverse or inverse-leveraged energy ETFs.
Interpretive context generated from the platform’s current data sources.
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The latest Smart Investors Daily articles mentioning NRGD.
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