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NRGD
-4.61 · -26.11%
$13.06 · NYSE ARCA

Bank of Montreal (NRGD) ETF Analysis | Trading--Inverse Equity

BMO Capital Markets · USA
AUM:$1.4M
#– of – in Trading--Inverse Equity ETFs

Educational tool only – Figures are based on historical data, holdings and expense metrics for informational purposes. This is not financial advice or a recommendation to buy or sell any security. Always conduct your own research or consult a qualified financial adviser.

Market Performance

Down 65.6% over the past year, indicating meaningful price weakness.

What is NRGD?

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).

Performance Highlights

Returns (%)
Top Sectors (%)

Investment Breakdown

Negative 12-Month Return
NRGD returned -65.6% over the past year, reflecting recent market conditions.
Concentrated Holdings
Top 10 holdings account for 100.0% of the ETF — significant weight in a small number of names.
ETF Information
AUM$1.4M
Expense Ratio0.00%
Dividend Yield0.00%
Holdings10
Inception DateFeb 2025
Domicile–
Distribution–
Index–
ProviderBMO Capital Markets
Beta–
CategoryTrading--Inverse Equity
CurrencyUSD
Portfolio Impact

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6168
+7 points · better diversified

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Uses ISF.L (iShares FTSE 100 ETF)
Indicators

Performance Metrics

Historical returns

6M
-62.4%
1Y
-80.8%
3Y
-87.1%
5Y
-87.1%
OpenBook InsightIf you had invested £10,000 in NRGD 5 years ago, it would have fallen to £1,291 — a loss of £8,709.

Annual Returns

Calendar year performance

NRGD delivered positive returns in 0 of the last 2 calendar years.
YearNRGD
2026 YTD-79.7%
2025-32.4%
0/2 positive yearsAvg return: -56.0%Worst year: -79.7% (2026)

Technical Analysis Summary

Automated insights from historical price action and indicators

Technical Regime: NEGATIVE
Trend Strength
0%
Negative
Volatility
78.7%
Very High
Momentum
-26.4%
30-day change
Support Level
14.31
Key floor
Key Insights
  • Price is currently below all major moving averages, indicating a weaker trend profile.
  • Momentum is downward with a 26.4% move over 30 days.
  • Elevated volatility indicates higher short-term price variability and risk.
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