AMZA vs. NRGD ETF Comparison
Comparison of InfraCap MLP ETF (AMZA) to MicroSectors U.S. Big Oil Index -3X Inverse Leveraged ETN (NRGD)
AMZA
InfraCap MLP ETF
AMZA Description
The investment seeks total return primarily through investments in equity securities of publicly traded master limited partnerships and limited liability companies taxed as partnerships ("MLPs"). Under normal market conditions, the fund will invest not less than 80% of its total assets in equity securities of MLPs in the energy infrastructure sector. Under normal circumstances, the fund will not invest more than 15% of its total assets in any one issuer. It is non-diversified.
Grade (RS Rating)
Last Trade
$40.90
Average Daily Volume
42,245
25
NRGD
MicroSectors U.S. Big Oil Index -3X Inverse Leveraged ETN
NRGD Description
The investment seeks to reflect a 3x inverse leveraged 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 inverse performance of the index, compounded daily, less a Daily Investor Fee, any negative Daily Interest 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
$138.46
Average Daily Volume
42,315
10
Performance
| Period | AMZA | NRGD |
|---|---|---|
| 30 Days | 2.04% | -8.44% |
| 60 Days | 6.53% | -29.79% |
| 90 Days | 12.76% | -36.65% |
| 12 Months | 38.96% | -57.13% |
AMZA Overweight 22 Positions Relative to NRGD
AMZA: Top Represented Industries & Keywords
NRGD: Top Represented Industries & Keywords
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