MicroSectors Solactive FANG & Innovation -3X Inverse Leveraged ETNs

10-Year Study

BERZ.US · · US · ETF

Executive Summary: MicroSectors Solactive FANG & Innovation -3X Inverse Leveraged ETNs has compounded at -63.6% annually over the last 10 years, with a maximum drawdown of 99.6% and an annualized volatility of 69.3%.

1Y CAGR
-77.5%
3Y CAGR
-73.4%
5Y CAGR
-63.6%
10Y CAGR
-63.6%

History & Riski10-year historical performance analysis including CAGR, Max Drawdown, Sharpe & Sortino ratios, annual returns, and rolling volatility — all computed from daily market data.

10-Year Growth of $10,000

Max DrawdownMax DrawdownThe largest peak-to-trough decline in the asset's value over the measurement period.Click for full definition →
99.6%
Sharpe RatioSharpe RatioRisk-adjusted return: how much excess return you earn per unit of total risk (volatility).Click for full definition →
-0.65
Sortino RatioSortino RatioLike Sharpe, but only penalizes downside volatility — a more accurate risk measure for asymmetric return distributions.Click for full definition →
-1.27
Ann. VolatilityAnnualized VolatilityThe annualized standard deviation of an asset's returns — a measure of how much prices fluctuate.Click for full definition →
81.1%
Best YearBest & Worst YearThe single calendar year with the highest and lowest return in the measured period.Click for full definition →
2022 · +102.9%
Worst YearBest & Worst YearThe single calendar year with the highest and lowest return in the measured period.Click for full definition →
2023 · -89.1%
% Positive Years% Positive YearsThe percentage of calendar years in the measurement period where the asset delivered a positive return.Click for full definition →
20%

Annual Returns

Rolling 12-Month Returns

Rolling 12-Month Annualised Volatility

Historical Drawdowns

Monthly Returns

Monthly Returns Heatmap

YearJanFebMarAprMayJunJulAugSepOctNovDecAnn.
2026-1.913.37.7-42.6————————-31.3%
2025-9.410.121.2-31.0-31.4-25.3-8.2-6.3-27.4-25.29.0-2.6-78.8%
2024-12.0-20.5-4.917.5-14.9-24.54.8-2.7-14.83.4-19.5-6.4-66.0%
2023-41.9-4.6-33.96.8-34.4-20.3-16.92.818.40.3-35.2-19.0-89.1%
202232.46.0-18.773.7-11.836.2-40.019.945.2-15.0-30.438.0102.9%
2021————————13.0-23.4-7.42.5-17.8%

Risk X-RayiA 19-factor macroeconomic risk decomposition showing exactly which market forces (equity beta, rates, inflation, credit, commodity, crypto) drive this asset's volatility. Powered by multivariate regression against daily factor returns.

Risk Profile Insight: This asset has an estimated annualized volatility of 69.3%. The dominant macroeconomic risk driver is QQQ.US, accounting for 99.8% of variance. Idiosyncratic stock-specific factors contribute 5.8%.

10-Year Historical Price Series (Growth of $10,000)
DateSimulated Value
2021-08-0110000
2021-09-0111301.677042896996
2021-10-018660.908525147051
2021-11-018018.846506482817
2021-12-018222.551074994275
2022-01-0110882.720258798108
2022-02-0111538.63973110258
2022-03-019381.496114439287
2022-04-0116291.746329703283
2022-05-0114374.798576137402
2022-06-0119575.962842439043
2022-07-0111737.263233279285
2022-08-0114069.934596052224
2022-09-0120435.12496813363
2022-10-0117368.008562428222
2022-11-0112088.318725498579
2022-12-0116679.75503162987
2023-01-019695.598396951287
2023-02-019247.540729250346
2023-03-016115.756206557171
2023-04-016531.479815764231
2023-05-014281.953174832703
2023-06-013413.5527467112915
2023-07-012836.1588450348213
2023-08-012914.6844156628217
2023-09-013450.505956418586
2023-10-013459.744258845409
2023-11-012240.2883385047044
2023-12-011815.3264268708222
2024-01-011598.2263198404694
2024-02-011270.2665836882343
2024-03-011208.369957428517
2024-04-011419.4651678814344
2024-05-011207.9080423071755
2024-06-01912.2823646488229
2024-07-01956.1643011762345
2024-08-01930.7589695024699
2024-09-01792.6463482214582
2024-10-01819.8993403805877
2024-11-01660.0767083965408
2024-12-01618.0424323544937
2025-01-01559.8411270655055
2025-02-01616.6566869904701
2025-03-01747.3786663300231
2025-04-01515.4972754167525
2025-05-01353.82698294734087
2025-06-01264.21544940715273
2025-07-01242.50543870411747
2025-08-01227.26223969985867
2025-09-01164.9036983187999
2025-10-01123.33133739809402
2025-11-01134.41730031028226
2025-12-01130.95293690022345
2026-01-01128.41240373284697
2026-02-01145.5494547346046
2026-03-01156.80632624168908
2026-04-0190.02725714939523
Annual Return Matrix
YearAnnual Return
20221.0285377225998542
2023-0.8911658820271393
2024-0.6595419847328243
2025-0.7881165919282511
2026-0.31252204585537924
Total Factor Risk
0.6926582681089648
VTI.US Exposure
-0.20328107512059276
VEA.US Exposure
-0.012644156888885804
VWO.US Exposure
-0.02095125937924678
QQQ.US Exposure
0.9978473750403208
VTV.US Exposure
-0.03720186036098852
IJR.US Exposure
0.0985715605120071
QUAL.US Exposure
0.009211907189765701
SHV.US Exposure
0.029723623929992865
TLT.US Exposure
-0.03600916869721669
LQD.US Exposure
0.11035147066454914
HYG.US Exposure
-0.03165318647230778
GLD.US Exposure
0.0021914280884366964
USO.US Exposure
-0.0063231249864673
VNQ.US Exposure
-0.013415288508348944
BTC-USD.CC Exposure
0.010947391402607245
CPER.US Exposure
0.009428254443950988
VIX.INDX Exposure
0.0338369154189158
UUP.US Exposure
0.006923626118430492
TIP.US Exposure
-0.005244712956620626
Idiosyncratic Exposure
0.0576902805616985
Value Score
40.5
Growth Score
50
Profit Score
37.5
Health Score
23.6
Yield Score
0
Moat Score
40

Factor Risk Decomposition

Share of annualised volatility attributable to each macro factor.

Total Est. Vol
69.3%

FundamentalsiCompany financial health metrics: P/E valuation, dividend yield, Piotroski F-Score (9-point profitability signal), Altman Z-Score (bankruptcy risk proxy), and a radar chart across 6 fundamental dimensions. Note: ETFs may show N/A for some metrics.

Fundamental Dimensions

Core Valuation

P/E Ratio (TTM)P/E RatioPrice-to-Earnings ratio — the market price of a stock divided by its earnings per share, a key valuation measure.Click for full definition →23.8x
Dividend YieldDividend YieldAnnual dividend paid per share divided by the current share price — expressed as a percentage income return.Click for full definition →0.00%
Market Cap$910.3B
Piotroski F-ScorePiotroski F-ScoreA 9-point scoring system evaluating a company's financial strength across profitability, leverage, and operating efficiency.Click for full definition →
9-point profitability signal
0.0/ 9
Weak
Altman Z-ScoreAltman Z-ScoreA bankruptcy prediction model that combines 5 financial ratios into a single score indicating financial distress risk.Click for full definition →
Bankruptcy risk proxy
1.18
Distress Zone
Income Simulation

Based on $10,000 initial investment.

Total Income Generated
$0
Avg Yield on Cost
0.00%

Momentum & MacroiPrice momentum indicators relative to key technical levels: distance from 50-Day SMA (intermediate trend), 200-Day SMA (long-term trend), 52-Week High (bullish proximity), and Beta (market sensitivity coefficient).

vs 50-Day SMAMoving Averages (SMA)A rolling average of an asset's price over a defined window — used to identify trends and momentum signals.Click for full definition →
-36.4%
Above/below 50-day moving average
vs 200-Day SMAMoving Averages (SMA)A rolling average of an asset's price over a defined window — used to identify trends and momentum signals.Click for full definition →
-45.5%
Above/below 200-day moving average
vs 52-Week High52-Week HighThe highest price an asset reached in the past 52 weeks — a key reference for momentum and valuation context.Click for full definition →
88.4% from high
Distance from 52-week high
BetaBetaA measure of an asset's sensitivity to broad market movements relative to a benchmark (e.g. S&P 500).Click for full definition →
-1.13
Market sensitivity coefficient

Frequently Asked Questions & Methodology

Is MicroSectors Solactive FANG & Innovation -3X Inverse Leveraged ETNs a high-risk investment?

MicroSectors Solactive FANG & Innovation -3X Inverse Leveraged ETNs (BERZ.US) has an annualized volatility of 69.3% and experienced a maximum drawdown of 99.6% over the last 10 years. Its primary macro risk driver is QQQ.US.

What is the 10-year return of BERZ.US?

Over the past 10 years, BERZ.US has generated a Compound Annual Growth Rate (CAGR) of -63.6%. It has had a positive return in 20% of the years measured.

Data Methodology & Trust

The risk and return information on this page is pre-calculated mathematically using daily market data spanning a 10-year period. Fundamentals (such as P/E Ratio, Market Cap, and Dividend Yield) represent trailing averages and may not immediately reflect real-time live market fluctuations. Advanced scoring models like the Piotroski F-Score and Altman Z-Score are proxies applied to publicly available trailing-twelve-month financial statements and may not account for recent off-balance-sheet events, qualitative company shifts, or sector-specific capital structures. Macroeconomic factor exposures are estimated via multivariate regression against standard market indices. This data is provided for quantitative insight and backtesting research, and should not be misconstrued as tailored financial advice.

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