Leveraged and short ETPs and ETNs enjoy increased attention in volatile markets

Scales

Leveraged and short ETPs have seen growth over the period of market volatility. REX Shares’ US Big Oil Index 3x Leveraged ETN (NRGU) has had its principal amount increased by USD250 million, to a new total of USD975 million and 19.5 million notes, respectively, its eighth upsize in 2020, so far.

NRGU offers daily resetting with exposure to the US Oil and Energy equity sector, based on the Solactive MicroSectors US Big Oil Index, which includes the 10 largest US listed energy companies. 

Author Profile
Beverly Chandler
Employee title
Managing Editor

Premium Content

To continue reading this content, please subscribe for free.

SUBSCRIBE