MicroSectors U.S. Big Oil Index -2X Inverse Leveraged ETNs (NRGZ) ETF Holdings & Analysis

What NRGZ does

This financial product aims to deliver daily returns that are two times the inverse of the Solactive MicroSectorsTM U.S. Big Oil Index's performance. These are senior, unsecured medium-term notes, issued by the Bank of Montreal, with their value directly tied to a twofold leveraged inverse movement of the underlying index, calculated and compounded daily. This return is, however, subject to deductions for a Daily Investor Fee, any applicable negative Daily Interest, and a Redemption Fee, if triggered. The index itself is an equally dollar-weighted benchmark, comprising the ten largest U.S.-listed companies by market capitalization within the energy and oil sector.

Fund profile

PortView Portfolio Insights

PortView analyzes how NRGZ fits your actual portfolio — position weight, ETF overlap with your other funds, sector and geographic exposure, concentration, and how this fund contributes to your portfolio risk and return. Connect a portfolio to see your personalized figures; PortView never shows another user's private holdings.

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Frequently asked questions

What does NRGZ track?

NRGZ is the MicroSectors U.S. Big Oil Index -2X Inverse Leveraged ETNs, a Other ETF.

What is the expense ratio of NRGZ?

Expense ratio data for NRGZ is shown on the page when available from our data provider.

What are the largest holdings in NRGZ?

NRGZ's top holdings are listed on this page when available.

How can PortView analyze NRGZ overlap with other ETFs?

PortView computes the holdings overlap between NRGZ and the other ETFs and stocks you own, plus your combined sector and geographic exposure, so you can see true diversification.