NRGD vs. AMZA ETF Comparison

Comparison of MicroSectors U.S. Big Oil Index -3X Inverse Leveraged ETN (NRGD) to InfraCap MLP ETF (AMZA)
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

$149.11

Average Daily Volume

40,590

Number of Holdings *

10

* may have additional holdings in another (foreign) market
AMZA

InfraCap MLP ETF

AMZA Description The investment seeks total return primarily through investments in equity securities of publicly traded master limited partnerships and limited liability companies taxed as partnerships ("MLPs"). Under normal market conditions, the fund will invest not less than 80% of its total assets in equity securities of MLPs in the energy infrastructure sector. Under normal circumstances, the fund will not invest more than 15% of its total assets in any one issuer. It is non-diversified.

Grade (RS Rating)

Last Trade

$39.76

Average Daily Volume

40,599

Number of Holdings *

25

* may have additional holdings in another (foreign) market
Performance
Period NRGD AMZA
30 Days 20.65% -5.64%
60 Days -22.17% 1.92%
90 Days -28.42% 10.37%
12 Months -60.29% 40.34%
3 Overlapping Holdings
Symbol Grade Weight in NRGD Weight in AMZA Overlap
MPC D 10.0% 1.3% 1.3%
PSX D 10.0% 0.15% 0.15%
VLO C 10.0% 1.25% 1.25%
NRGD Overweight 7 Positions Relative to AMZA
Symbol Grade Weight
XOM B 10.0%
PXD B 10.0%
OXY C 10.0%
EOG B 10.0%
DVN B 10.0%
CVX B 10.0%
COP C 10.0%
NRGD Underweight 22 Positions Relative to AMZA
Symbol Grade Weight
MPLX A -17.09%
ET A -16.86%
EPD C -16.47%
PAA B -16.44%
NS D -15.33%
WES A -13.79%
ENLC C -8.45%
CQP C -5.92%
HESM C -4.2%
GEL A -2.64%
OKE C -2.44%
DKL D -2.02%
LNG D -1.38%
TRGP B -0.88%
KMI A -0.86%
NFE F -0.85%
GLP A -0.83%
USAC D -0.74%
DINO F -0.49%
WMB B -0.4%
SPH D -0.24%
SUN D -0.12%
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