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Beacon

WTIDMicroSectors Energy -3X Inverse Leveraged ETN

Take a bet3y track recordRanked #409 of 995 in this goal

Seeks to provide inverse exposure to the performance of the Index at -3x leverage.

By BMO Capital Markets · Launched 2023

Annual Cost

0.95%

#5,033 of 6,040 · expensive

Fund Size

$9M

#5,062 of 6,040 · small

Return (1Y)

-79.0%

Track Record

3 years

#2,876 of 6,040 · seasoned

Performance

Total-return NAV · USD
Growth of $10,000
$2,006-79.9%

Total-return NAV, USD. Net of fund fees, before tax.

What's inside

How Beacon categorizes this fund

Asset class

Equity

Region

North america

Strategy

Inverse

Sector

Energy

Index tracked

Solactive MicroSectors US Big Oil Index

Holdings

By weight

Concentration

synthetic exposure — holdings shown are derivatives collateral, not the fund's positions

Chevron CorpCVX
15.1%
ExxonMobil Holdings CorpXOM
14.6%
Valero Energy CorpVLO
10.3%
ConocoPhillipsCOP
10.2%
Marathon Petroleum CorpMPC
8.2%
Devon Energy CorpDVN
7.8%
Occidental Petroleum CorpOXY
7.1%
Phillips 66PSX
6.0%
EOG Resources IncEOG
5.8%
Diamondback Energy IncFANG
5.5%

Asset allocation

Stocks
100.0%

By sector

Energy
100.0%

Risk profile

Last 12 months · Sharpe & Sortino need 3+ years
Volatility (1Y)
72.0%High

Year-on-year price swings

Max drawdown
-95.1%Severe

Worst peak-to-trough loss

Sharpe (3Y)
-0.65Below average
Sortino (3Y)
-0.94Moderate downside risk

Listing

Exchange
NYSE Arca

Full fund details

Objective
Seeks to provide inverse exposure to the performance of the Index at -3x leverage.
Strategy
Invests in financial instruments to achieve -3x inverse exposure to the Index's daily performance. Designed for daily trading, the ETN's returns may differ significantly over longer periods due to compounding effects.
Inception date
February 16, 2023
Fund family
BMO Capital Markets

Next steps

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Data updated on 2026-09-18