NRGU vs. MLPX ETF Comparison
Comparison of MicroSectors U.S. Big Oil Index 3X Leveraged ETN (NRGU) to Global X MLP & Energy Infrastructure ETF (MLPX)
NRGU
MicroSectors U.S. Big Oil Index 3X Leveraged ETN
NRGU Description
The investment seeks to reflect a 3x leveraged long exposure to the performance of the Solactive MicroSectorsTM U.S. Big Oil Index on a daily basis. The notes are senior unsecured medium-term notes issued by Bank of Montreal with a return linked to a three times leveraged participation in the performance of the index, compounded daily, less a Daily Investor Fee, the Daily Financing Charge and, if applicable, the Redemption Fee Amount. The index is an equal-dollar weighted index designed to represent the 10 U.S. listed stocks with the largest market capitalization in the energy/oil sector.
Grade (RS Rating)
Last Trade
$564.50
Average Daily Volume
29,159
10
MLPX
Global X MLP & Energy Infrastructure ETF
MLPX Description
The investment seeks to provide investment results that correspond generally to the price and yield performance of the Solactive MLP & Energy Infrastructure Index. The fund invests at least 80% of its total assets in the securities of the underlying index. It also invests at least 80% of its total assets in securities of master limited partnerships and energy infrastructure corporations. The fund's 80% investment policies are non-fundamental and require 60 days' prior written notice to shareholders before it can be changed. The underlying index tracks the performance of MLPs and energy infrastructure corporations. It is non-diversified.Grade (RS Rating)
Last Trade
$49.43
Average Daily Volume
232,405
21
Performance
| Period | NRGU | MLPX |
|---|---|---|
| 30 Days | -19.03% | 2.88% |
| 60 Days | 13.61% | 5.83% |
| 90 Days | 32.05% | 15.10% |
| 12 Months | 77.99% | 32.90% |
0 Overlapping Holdings
| Symbol | Grade | Weight in NRGU | Weight in MLPX | Overlap |
|---|
NRGU Underweight 21 Positions Relative to MLPX
NRGU: Top Represented Industries & Keywords
MLPX: Top Represented Industries & Keywords
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