NRGD vs. OILU ETF Comparison
Comparison of MicroSectors U.S. Big Oil Index -3X Inverse Leveraged ETN (NRGD) to ProShares UltraPro 3x Crude Oil ETF (OILU)
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
10
OILU
ProShares UltraPro 3x Crude Oil ETF
OILU Description
The investment seeks daily investment results, before fees and expenses, that correspond to three times (3x) the daily performance of the Bloomberg WTI Crude Oil SubindexSM. The fund seeks to meet its investment objective by investing, under normal market conditions, in futures contracts for WTI sweet, light crude oil listed on the NYMEX, ICE Futures U.S. or other U.S. exchanges and listed options on such contracts.Grade (RS Rating)
Last Trade
$48.60
Average Daily Volume
110,322
24
Performance
| Period | NRGD | OILU |
|---|---|---|
| 30 Days | -8.44% | 5.97% |
| 60 Days | -29.79% | 34.14% |
| 90 Days | -36.65% | 40.77% |
| 12 Months | -57.13% | 24.11% |
10 Overlapping Holdings
NRGD Overweight 0 Positions Relative to OILU
| Symbol | Grade | Weight |
|---|
NRGD: Top Represented Industries & Keywords
OILU: Top Represented Industries & Keywords
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