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.
NR
AMEX · NRGD
MicroSectors U.S. Big Oil -3× Leveraged ETNs due February 17, 2045
Financial Services · Asset Management
$11.12
Up+$2.05 (+18.44%)
Updated Nov 4, 2026, 6:16 PM
SID Score
3.1/10
Composite research score
Smart Money
—
Institutional and insider signal
- Market cap
- 6.92M
- P/E ratio
- —
- Dividend yield
- —
- 52-week range
- $9.23 – $38.28
- Volume
- 30.17K
- Avg. volume
- 5.63K
Price performance · NRGD
NRGD price history
1M range · 21 trading sessions · Daily adjusted prices
Prices through Nov 3, 2026
NRGD closed at $11.12 after 21 trading sessions, down 14.00% for the selected period.
- Last close
- $11.12
- Period change
- -14.00%
- Period low
- $9.46
- Period high
- $12.93
Daily close
View OHLC price history
| Date | Open | High | Low | Close | Volume |
|---|---|---|---|---|---|
| Nov 3, 2026 | $10.91 | $11.18 | $10.705 | $11.12 | 30.17K |
| Nov 2, 2026 | $10.04 | $10.784 | $9.83 | $10.74 | 34.91K |
| Oct 30, 2026 | $9.80 | $9.81 | $9.44 | $9.463 | 80.73K |
| Oct 29, 2026 | $10.3074 | $10.65 | $10.08 | $10.19 | 158.42K |
| Oct 28, 2026 | $10.2001 | $10.36 | $10.07 | $10.2474 | 14.11K |
| Oct 27, 2026 | $9.56 | $10.445 | $9.495 | $10.42 | 31.97K |
| Oct 26, 2026 | $9.8485 | $9.8485 | $9.23 | $9.47 | 23.47K |
| Oct 23, 2026 | $10.09 | $10.09 | $9.415 | $9.71 | 77.08K |
| Oct 22, 2026 | $9.75 | $10.75 | $9.75 | $10.34 | 44.63K |
| Oct 21, 2026 | $10.16 | $10.29 | $9.84 | $10.08 | 18.84K |
| Oct 20, 2026 | $9.76 | $10.51 | $9.76 | $9.99 | 31.69K |
| Oct 19, 2026 | $10.04 | $10.04 | $9.54 | $10.01 | 74.93K |
| Oct 16, 2026 | $10.24 | $10.39 | $9.83 | $9.84 | 71.83K |
| Oct 15, 2026 | $10.11 | $10.74 | $10.11 | $10.55 | 50.62K |
| Oct 14, 2026 | $10.16 | $10.41 | $10.03 | $10.13 | 35.59K |
| Oct 13, 2026 | $11.00 | $11.00 | $10.36 | $10.38 | 113.87K |
| Oct 12, 2026 | $11.20 | $11.28 | $10.8932 | $11.20 | 37.9K |
| Oct 9, 2026 | $11.65 | $11.765 | $11.15 | $11.73 | 46.36K |
| Oct 8, 2026 | $12.14 | $12.14 | $11.41 | $11.4836 | 116.19K |
| Oct 7, 2026 | $12.50 | $13.06 | $12.23 | $12.7817 | 27.66K |
| Oct 6, 2026 | $13.065 | $13.29 | $12.68 | $12.93 | 17.23K |
Latest NRGD news
The latest Smart Investors Daily articles mentioning NRGD.
Stock researchCompany · Overview
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Market Activity
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NRGD research
Overview
Company profile and research snapshot.
Company profile
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.
Analyst outlook
Consensus and target data currently published for this company.
- Consensus
- —
- Average target
- —
- Implied upside
- —
- Analysts
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News briefing
No generated briefing is available yet.
AI research layers
Interpretive context generated from the platform’s current data sources.
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AI research layers have not been published yet.
