LIT vs. NRGD ETF Comparison
Comparison of Global X Lithium ETF (LIT) to MicroSectors U.S. Big Oil Index -3X Inverse Leveraged ETN (NRGD)
LIT
Global X Lithium ETF
LIT Description
The investment seeks to provide investment results that correspond generally to the price and yield performance, before fees and expenses, of the Solactive Global Lithium Index. The fund invests at least 80% of its total assets in the securities of the underlying index and in ADRs and GDRs based on the securities in the underlying index. The underlying index is designed to measure broad based equity market performance of global companies involved in the lithium industry. The fund is non-diversified.
Grade (RS Rating)
Last Trade
$42.20
Average Daily Volume
440,626
7
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
$134.65
Average Daily Volume
42,904
10
Performance
| Period | LIT | NRGD |
|---|---|---|
| 30 Days | -5.59% | -12.88% |
| 60 Days | -1.93% | -33.37% |
| 90 Days | -2.85% | -38.40% |
| 12 Months | -27.58% | -57.52% |
0 Overlapping Holdings
| Symbol | Grade | Weight in LIT | Weight in NRGD | Overlap |
|---|
LIT: Top Represented Industries & Keywords
NRGD: Top Represented Industries & Keywords
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