🇨🇦 Canada ETF Radar · TOR

NRGD

BetaPro S&P/TSX Capped Energy -2x Daily Bear ETF

Inverse · Unclassified · Unclassified

Risk watch
Country Radar Open Chart
Recent price path NRGD recent weekly close path 8 CAD 12 Jun 2026
Weekly Return 1.5% latest completed week
4-Week Return 10.7% short momentum
Trend Gap -31.4% Trend negative
Fair Gap -67.6% vs fair value
Volume 0.7x 86.1K latest
Market Dynamics 0.25 positive and improving
Relative Strength -55.29 vs country ETF tape
Opportunity -7.2 composite radar score
Risk 39.4 -65.2% drawdown · 7.9% volatility
Price Action

Price, Trend Line, Fair Value

12 months
NRGD weekly price action
Price Trend Line Fair Value
Market Dynamics

Pressure, strength, volume

12 months
NRGD Market Dynamics and relative strength
Market Dynamics Relative Strength Volume
Signal View

What it shows

Market Dynamics improving High risk score Tactical exposure

Risk is elevated; weak trend or recent selling pressure is dominating the ETF tape.

Weak trend, selling pressure, or tactical exposure is elevated.

NRGD sits in Inverse, so read it as a Canada exposure first and a single ETF second.

The latest week moved 1.5%; the four-week move is 10.7%, which helps separate one-week noise from actual follow-through.

Trend is negative, volume is running at 0.7x, and Market Dynamics is not showing a buy signal.

Opportunity Signals

What could be improving

  • Recovering from a weaker base with improving pressure
Risk Signals

What needs caution

  • Leveraged or inverse ETF exposure needs tighter risk control
  • High weekly volatility raises position risk
Peers

Same category

Closest category peers ranked by the current radar score.

10 peers
1 HOD · TOR BetaPro Crude Oil Inverse Leveraged Daily Bear ETF 🇨🇦 Canada · Inverse Trend and recent returns are aligned, so demand is still moving in the same direction. Week 11.5% 4W 3171.1% Vol 0.1x 11.5% 2 HND · TOR BetaPro Natural Gas Inverse Leveraged Daily Bear ETF 🇨🇦 Canada · Inverse Trend and recent returns are aligned, so demand is still moving in the same direction. Week 5.6% 4W 376.1% Vol 0.2x 5.6% 3 QQD · TOR BetaPro NASDAQ-100 -2x Daily Bear ETF 🇨🇦 Canada · Inverse Fresh Market Dynamics buy signal; check whether price follow-through is confirming the setup. Week -5.0% 4W 377.7% Vol 0.9x -5.0% 4 SLVD · TOR BetaPro Silver -2x Daily Bear ETF 🇨🇦 Canada · Inverse Leveraged or inverse exposure; useful for tactical pressure, but risk can move quickly. Week -1.1% 4W 879.6% Vol 0.2x -1.1% 5 BITI · TOR BetaPro Inverse Bitcoin ETF 🇨🇦 Canada · Inverse Volume is expanding versus normal activity, which can mark institutional attention or stress. Week -5.1% 4W 24.9% Vol 1.5x -5.1% 6 PFAE · TOR PICTON Long Short Equity (130/30) Alternative Fund ETF 🇨🇦 Canada · Inverse Trend and recent returns are aligned, so demand is still moving in the same direction. Week 1.5% 4W 5.1% Vol 1.3x 1.5% 7 ZTIP · TOR BMO Short-Term US TIPS Index ETF 🇨🇦 Canada · Inverse Trend and recent returns are aligned, so demand is still moving in the same direction. Week 0.3% 4W 1.7% Vol 1.5x 0.3% 8 GLDD · TOR BetaPro Gold Bullion -2x Daily Bear ETF 🇨🇦 Canada · Inverse Risk is elevated; weak trend or recent selling pressure is dominating the ETF tape. Week 4.6% 4W 16.2% Vol 1.5x 4.6% 9 SPAY · TOR Global X Short-Term U.S. Treasury Premium Yield ETF USD 🇨🇦 Canada · Inverse Trend and recent returns are aligned, so demand is still moving in the same direction. Week 0.5% 4W 2.2% Vol 3.0x 0.5% 10 ZLSU · TOR BMO Long Short US Equity ETF 🇨🇦 Canada · Inverse Trend and recent returns are aligned, so demand is still moving in the same direction. Week 0.5% 4W 3.1% Vol 1.3x 0.5%
Latest Event

Historical signal events

Recent Trend Line crossings and Market Dynamics buy signals from the weekly history.

5 Jun 2026 Market Dynamics buy signal 7 CAD · -5.4%
NRGD

Recent weekly tape

Week Close Trend Line Fair Value Weekly Return Market Dynamics RS Volume
20 Jun 2025 19 CAD 25 CAD 33 CAD % -1.06 -27.65 82.2K
27 Jun 2025 22 CAD 25 CAD 32 CAD 11.8% -1.04 -19.27 79.9K
4 Jul 2025 21 CAD 25 CAD 32 CAD -1.2% -1.01 -20.85 52.3K
11 Jul 2025 20 CAD 24 CAD 32 CAD -4.0% -0.94 -23.55 106.1K
18 Jul 2025 21 CAD 24 CAD 32 CAD 3.4% -0.91 -21.36 52.9K
25 Jul 2025 21 CAD 24 CAD 32 CAD -2.9% -1.02 -23.70 48.7K
1 Aug 2025 21 CAD 24 CAD 31 CAD 1.4% -1.05 -20.63 49.5K
8 Aug 2025 21 CAD 24 CAD 31 CAD 1.5% -1.06 -21.06 24.3K
15 Aug 2025 21 CAD 24 CAD 31 CAD 0.8% -0.94 -20.52 22.3K
22 Aug 2025 20 CAD 24 CAD 31 CAD -6.9% -0.80 -26.72 43.4K
29 Aug 2025 19 CAD 24 CAD 31 CAD -2.7% -0.74 -28.76 37.3K
5 Sep 2025 20 CAD 23 CAD 30 CAD 4.3% -0.63 -26.14 17.5K
12 Sep 2025 19 CAD 23 CAD 30 CAD -6.4% -0.56 -30.63 52.9K
19 Sep 2025 19 CAD 23 CAD 30 CAD -1.8% -0.48 -32.31 42.6K
26 Sep 2025 17 CAD 23 CAD 30 CAD -8.8% -0.46 -37.50 51.1K
3 Oct 2025 18 CAD 22 CAD 30 CAD 6.3% -0.48 -34.63 57.0K
10 Oct 2025 18 CAD 22 CAD 29 CAD 2.8% -0.54 -31.01 40.3K
17 Oct 2025 19 CAD 22 CAD 29 CAD 5.4% -0.35 -27.44 63.4K
24 Oct 2025 18 CAD 22 CAD 29 CAD -6.7% -0.24 -32.31 59.3K
31 Oct 2025 18 CAD 21 CAD 29 CAD -0.9% -0.24 -32.04 21.0K
7 Nov 2025 17 CAD 21 CAD 29 CAD -3.3% -0.28 -32.93 41.7K
14 Nov 2025 16 CAD 21 CAD 29 CAD -9.7% -0.68 -39.68 53.9K
21 Nov 2025 16 CAD 20 CAD 29 CAD -1.0% -0.84 -39.51 123.3K
28 Nov 2025 15 CAD 20 CAD 29 CAD -2.2% -0.97 -42.59 50.3K
5 Dec 2025 15 CAD 20 CAD 28 CAD -1.1% -1.05 -42.47 62.9K
12 Dec 2025 16 CAD 19 CAD 28 CAD 4.6% -1.07 -39.55 29.8K
19 Dec 2025 17 CAD 19 CAD 28 CAD 7.7% -0.89 -34.43 37.4K
26 Dec 2025 17 CAD 19 CAD 28 CAD -2.5% -0.43 -35.75 121.9K
2 Jan 2026 15 CAD 19 CAD 28 CAD -7.6% -0.24 -39.69 38.9K
9 Jan 2026 16 CAD 18 CAD 28 CAD 4.0% 0.21 -38.07 134.1K
16 Jan 2026 14 CAD 18 CAD 28 CAD -11.4% 0.05 -45.20 58.7K
23 Jan 2026 13 CAD 18 CAD 27 CAD -4.5% -0.38 -47.18 82.0K
30 Jan 2026 13 CAD 18 CAD 27 CAD -6.0% -0.52 -47.70 164.5K
6 Feb 2026 12 CAD 17 CAD 27 CAD -6.1% -0.88 -50.97 234.6K
13 Feb 2026 11 CAD 17 CAD 27 CAD -6.7% -0.89 -54.33 209.8K
20 Feb 2026 10 CAD 17 CAD 27 CAD -5.3% -0.94 -56.97 80.5K
27 Feb 2026 10 CAD 16 CAD 26 CAD -2.4% -0.94 -57.83 190.3K
6 Mar 2026 10 CAD 16 CAD 26 CAD -4.8% -0.92 -57.37 241.0K
13 Mar 2026 9 CAD 16 CAD 26 CAD -9.0% -1.02 -59.70 90.9K
20 Mar 2026 8 CAD 15 CAD 26 CAD -8.9% -1.08 -61.08 61.8K
27 Mar 2026 7 CAD 15 CAD 26 CAD -7.9% -1.10 -64.15 393.1K
3 Apr 2026 8 CAD 14 CAD 25 CAD 5.2% -1.21 -62.40 216.0K
10 Apr 2026 8 CAD 14 CAD 25 CAD 5.5% -1.24 -59.76 76.7K
17 Apr 2026 9 CAD 14 CAD 25 CAD 11.9% -1.01 -54.61 233.6K
24 Apr 2026 8 CAD 13 CAD 25 CAD -8.5% -0.98 -56.75 56.1K
1 May 2026 7 CAD 13 CAD 25 CAD -13.3% -0.91 -61.37 58.7K
8 May 2026 8 CAD 13 CAD 24 CAD 6.7% -0.61 -57.92 82.7K
15 May 2026 7 CAD 12 CAD 24 CAD -13.0% -0.55 -62.21 83.1K
22 May 2026 7 CAD 12 CAD 24 CAD -0.4% -0.42 -62.09 23.9K
29 May 2026 8 CAD 12 CAD 24 CAD 15.8% -0.09 -55.30 129.5K
5 Jun 2026 7 CAD 11 CAD 23 CAD -5.4% 0.06 -56.18 91.5K
12 Jun 2026 8 CAD 11 CAD 23 CAD 1.5% 0.25 -55.29 86.1K