NRGD vs. NRGU ETF Comparison

Comparison of MicroSectors U.S. Big Oil Index -3X Inverse Leveraged ETN (NRGD) to MicroSectors U.S. Big Oil Index 3X Leveraged ETN (NRGU)

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

$138.46

Average Daily Volume

42,315

Number of Holdings ^*

10

* may have additional holdings in another (foreign) market

NRGU

MicroSectors U.S. Big Oil Index 3X Leveraged ETN

NRGU Description

The investment seeks to reflect a 3x leveraged long 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 performance of the index, compounded daily, less a Daily Investor Fee, the Daily Financing Charge 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

$640.01

Average Daily Volume

32,515

Number of Holdings ^*

10

* may have additional holdings in another (foreign) market

Performance

Period	NRGD	NRGU
30 Days	-8.44%	7.57%
60 Days	-29.79%	38.85%
90 Days	-36.65%	51.56%
12 Months	-57.13%	68.60%

10 Overlapping Holdings

	Symbol	Grade	Weight in NRGD	Weight in NRGU	Overlap
	COP	A	10.0%	10.0%	10.0%
	CVX	A	10.0%	10.0%	10.0%
	DVN	A	10.0%	10.0%	10.0%
	EOG	A	10.0%	10.0%	10.0%
	MPC	B	10.0%	10.0%	10.0%
	OXY	A	10.0%	10.0%	10.0%
	PSX	B	10.0%	10.0%	10.0%
	PXD	B	10.0%	10.0%	10.0%
	VLO	B	10.0%	10.0%	10.0%
	XOM	B	10.0%	10.0%	10.0%

NRGD Overweight 0 Positions Relative to NRGU

	Symbol	Grade	Weight

NRGD Underweight 0 Positions Relative to NRGU

	Symbol	Grade	Weight

NRGD: Top Represented Industries & Keywords

Industries: Oil & Gas E&P Oil & Gas Refining & Marketing Oil & Gas Integrated

Keywords: S&P 500 Natural Gas Petroleum Industry Natural Gas Liquids Petroleum Crude Oil Midstream Petroleum Products Chemical Natural Gas Processing Plastic Refined Products Commodity Petrochemicals Liquefied Natural Gas Oil And Gas Properties Permian Basin Petrochemical Propane Sulfur Transports Crude Oil

NRGU: Top Represented Industries & Keywords

Industries: Oil & Gas E&P Oil & Gas Refining & Marketing Oil & Gas Integrated

Keywords: S&P 500 Natural Gas Petroleum Industry Natural Gas Liquids Petroleum Crude Oil Midstream Petroleum Products Chemical Natural Gas Processing Plastic Refined Products Commodity Petrochemicals Liquefied Natural Gas Oil And Gas Properties Permian Basin Petrochemical Propane Sulfur Transports Crude Oil