BRAZ vs. NRGD ETF Comparison
Comparison of Global X Brazil Active ETF (BRAZ) to MicroSectors U.S. Big Oil Index -3X Inverse Leveraged ETN (NRGD)
BRAZ
Global X Brazil Active ETF
BRAZ Description
The fund is an actively managed exchange traded fund ("ETF") advised by Global X Management Company LLC (the "Adviser") that seeks to achieve its investment objective by investing, under normal circumstances, at least 80% of its net assets, plus any borrowings for investment purposes, measured at the time of purchase, in equity securities: (i) of issuers domiciled in Brazil; and/or (ii) that are tied economically to Brazil. The fund is non-diversified.
Grade (RS Rating)
Last Trade
$25.94
Average Daily Volume
281
5
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
$154.15
Average Daily Volume
39,550
10
Performance
Period | BRAZ | NRGD |
---|---|---|
30 Days | -2.49% | 20.64% |
60 Days | -2.64% | -15.19% |
90 Days | -3.56% | -28.24% |
12 Months | -58.89% |
0 Overlapping Holdings
Symbol | Grade | Weight in BRAZ | Weight in NRGD | Overlap |
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BRAZ: Top Represented Industries & Keywords
NRGD: Top Represented Industries & Keywords