The Horizon BetaEngyBear ETF (TSE:NRGD) offers investors a strategic instrument tailored to capitalize on bearish trends within the energy sector. As a sector-focused exchange-traded fund, NRGD is intricately designed to provide inverse exposure to energy markets, skillfully navigating the complexities of this volatile industry. Specializing in a broad-based niche, this ETF seeks to benefit from declines in the value of energy equities, presenting a compelling option for investors with a bearish outlook or those seeking to hedge existing energy investments.
NRGD stands out by delivering leveraged inverse performance, magnifying returns in a declining market scenario, which makes it particularly attractive during periods of anticipated downturns in energy prices or unfavorable sector conditions. With its sophisticated investment strategy, the ETF leverages financial instruments to achieve its objectives, providing an advanced investment tool for those looking to engage with the energy sector from a contrarian perspective.
Investors considering Horizon BetaEngyBear ETF can take advantage of its tactical approach to energy market dynamics, offering potential portfolio diversification benefits and the opportunity to profit from anticipated sector declines. This ETF not only caters to seasoned investors adept at navigating market nuances but also serves as a valuable component in a diversified investment strategy aimed at balancing risk across sectors.
Horizon BetaEngyBear (NRGD) Fund Flow Chart
Horizon BetaEngyBear (NRGD) 1 year Net Flows: -850K
NRGD ETF FAQ
What was TSE:NRGD’s price range in the past 12 months?
TSE:NRGD lowest ETF price was 20.76 and its highest was 30.35 in the past 12 months.
What is the AUM of TSE:NRGD?
As of Apr 02, 2025 The AUM of TSE:NRGD is 4.93M.
Is TSE:NRGD overvalued?
Not enough analysts have published a price target to calculate whether the price is overvalued.
Does TSE:NRGD pay dividends?
TSE:NRGD does not currently pay dividends.
How many shares outstanding does TSE:NRGD have?
Currently, no data Available
Which hedge fund is a major shareholder of TSE:NRGD?
Currently, no hedge funds are holding shares in TSE:NRGD