MLPB vs. NRGD ETF Comparison
Comparison of ETRACS Alerian MLP Infrastructure Index ETN Series B due April 2, 2040 (MLPB) to MicroSectors U.S. Big Oil Index -3X Inverse Leveraged ETN (NRGD)
MLPB
ETRACS Alerian MLP Infrastructure Index ETN Series B due April 2, 2040
MLPB Description
The ETRACS Alerian MLP Infrastructure Index ETN Series B is senior unsecured debt securities issued by UBS that provide exposure to potential price appreciation in the Alerian MLP Infrastructure Index. The index, comprised of 22 energy infrastructure master limited partnerships, is a subset of the Alerian MLP Index. The index refers to the master limited partnerships included in the Alerian MLP Infrastructure Index as the “index constituents.” It constituents earn the majority of their cash flow from the transportation, storage, and processing of energy commodities. The index is intended to provide diversified exposure specifically to infrastructure investment.
Grade (RS Rating)
Last Trade
$23.11
Average Daily Volume
20,903
9
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
$147.44
Average Daily Volume
43,190
10
Performance
| Period | MLPB | NRGD |
|---|---|---|
| 30 Days | -1.77% | -5.27% |
| 60 Days | 3.75% | -27.87% |
| 90 Days | 11.12% | -42.87% |
| 12 Months | 30.77% | -49.10% |
0 Overlapping Holdings
| Symbol | Grade | Weight in MLPB | Weight in NRGD | Overlap |
|---|
MLPB: Top Represented Industries & Keywords
NRGD: Top Represented Industries & Keywords
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