HGER vs. NRGD ETF Comparison

Comparison of Harbor All-Weather Inflation Focus ETF (HGER) to MicroSectors U.S. Big Oil Index -3X Inverse Leveraged ETN (NRGD)

HGER

Harbor All-Weather Inflation Focus ETF

HGER Description

Harbor All-Weather Inflation Focus ETF is an exchange traded fund launched and managed by Harbor Capital Advisors, Inc. The fund is co-managed by Quantix Commodities LP. The fund invests in commodity markets. The fund invests through derivatives in commodities. It uses derivatives such as futures and swaps to create its portfolio. It seeks to invest in commodities through its wholly-owned subsidiary organized under the laws of the Cayman Islands. It seeks to track the performance of the Quantix Inflation Index. Harbor All-Weather Inflation Focus ETF is domiciled in the United States.

Grade (RS Rating)

Last Trade

$22.36

Average Daily Volume

44,257

Number of Holdings ^*

1

* may have additional holdings in another (foreign) market

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

$155.40

Average Daily Volume

40,590

Number of Holdings ^*

10

* may have additional holdings in another (foreign) market

Performance

Period	HGER	NRGD
30 Days	-1.99%	20.65%
60 Days	4.95%	-22.17%
90 Days	7.70%	-28.42%
12 Months	11.97%	-60.29%

0 Overlapping Holdings

	Symbol	Grade	Weight in HGER	Weight in NRGD	Overlap

HGER Overweight 1 Positions Relative to NRGD

	Symbol	Grade	Weight
	TTE	B	27.5%

HGER Underweight 10 Positions Relative to NRGD

	Symbol	Grade	Weight
	XOM	B	-10.0%
	VLO	C	-10.0%
	PXD	B	-10.0%
	PSX	D	-10.0%
	OXY	C	-10.0%
	MPC	D	-10.0%
	EOG	B	-10.0%
	DVN	B	-10.0%
	CVX	B	-10.0%
	COP	C	-10.0%

HGER: Top Represented Industries & Keywords

Industries: Oil & Gas Integrated

Keywords: Adhesives Cac 40 Chemicals Segment Crude Oil Elastomer Electricity Liquefied Natural Gas Liquefied Petroleum Gas Natural Gas Oil And Gas Oil Refineries Petrochemical Petroleum Petroleum Gas Petroleum Products Plating Polyol Polyolefin Polyolefins Repsol

NRGD: Top Represented Industries & Keywords

Industries: Oil & Gas E&P Oil & Gas Refining & Marketing Oil & Gas Integrated

Keywords: S&P 500 Natural Gas Petroleum Industry Natural Gas Liquids Petroleum Crude Oil Midstream Petroleum Products Chemical Natural Gas Processing Plastic Refined Products Commodity Petrochemicals Liquefied Natural Gas Oil And Gas Properties Permian Basin Petrochemical Propane Sulfur Transports Crude Oil