NRGD vs. DRIP ETF Comparison
Comparison of MicroSectors U.S. Big Oil Index -3X Inverse Leveraged ETN (NRGD) to Direxion Daily S&P Oil & Gas Exp. & Prod. Bear 3X Shares (DRIP)
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
$190.65
Average Daily Volume
26,707
10
DRIP
Direxion Daily S&P Oil & Gas Exp. & Prod. Bear 3X Shares
DRIP Description
The investment seeks daily investment results, of 300% of the inverse (or opposite) of the performance of the S&P Oil & Gas Exploration & Production Select Industry Index ("index"). The index is provided by S&P and includes domestic companies from the oil and gas exploration and production sub-industry. The fund normally creates short positions by investing at least 80% of its assets in: swap agreements; options on securities and indices; forward contracts; short positions; reverse repurchase agreements; ETFs; and other financial instruments that, in combination, provide inverse leveraged and unleveraged exposure to the index. It is non-diversified.Grade (RS Rating)
Last Trade
$10.20
Average Daily Volume
1,072,884
35
Performance
| Period | NRGD | DRIP |
|---|---|---|
| 30 Days | 20.42% | 12.58% |
| 60 Days | 38.67% | 18.74% |
| 90 Days | 18.21% | 7.67% |
| 12 Months | -44.41% | -24.66% |
10 Overlapping Holdings
NRGD Overweight 0 Positions Relative to DRIP
| Symbol | Grade | Weight |
|---|
NRGD Underweight 25 Positions Relative to DRIP
| Symbol | Grade | Weight | |
|---|---|---|---|
| APA | F | -3.67% | |
| HES | D | -2.69% | |
| FANG | D | -2.52% | |
| PBF | F | -2.49% | |
| MRO | C | -2.49% | |
| MUR | D | -2.43% | |
| RRC | C | -2.2% | |
| EQT | C | -2.13% | |
| MTDR | D | -2.02% | |
| SM | D | -1.98% | |
| SWN | D | -1.96% | |
| DK | F | -1.95% | |
| KOS | F | -1.87% | |
| CNX | B | -1.51% | |
| AR | B | -1.4% | |
| CRC | D | -1.13% | |
| CVI | F | -0.96% | |
| MGY | D | -0.62% | |
| WTI | F | -0.59% | |
| NOG | D | -0.54% | |
| TELL | C | -0.46% | |
| GPRE | F | -0.33% | |
| PARR | F | -0.3% | |
| TALO | F | -0.27% | |
| REX | D | -0.13% |
NRGD: Top Represented Industries & Keywords
DRIP: Top Represented Industries & Keywords
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