NRGD vs. AIRL ETF Comparison
Comparison of MicroSectors U.S. Big Oil Index -3X Inverse Leveraged ETN (NRGD) to Themes Airlines ETF (AIRL)
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
$158.78
Average Daily Volume
38,377
10
AIRL
Themes Airlines ETF
AIRL Description
The index is a free float adjusted, market capitalization weighted index that is designed to provide exposure to companies that have business operations in the airlines industry. The fund will invest, under normal circumstances, at least 80% of its net assets, plus the amount of any borrowings for investment purposes, in securities that comprise the index and in American Depositary Receipts ("ADRs") and Global Depositary Receipts ("GDRs") based on the securities in the index. The fund is non-diversified.Grade (RS Rating)
Last Trade
$26.49
Average Daily Volume
290
5
Performance
| Period | NRGD | AIRL |
|---|---|---|
| 30 Days | 18.88% | 6.12% |
| 60 Days | -1.81% | 4.78% |
| 90 Days | -27.22% | 3.00% |
| 12 Months | -57.07% |
0 Overlapping Holdings
| Symbol | Grade | Weight in NRGD | Weight in AIRL | Overlap |
|---|
NRGD: Top Represented Industries & Keywords
AIRL: Top Represented Industries & Keywords
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