NRGD vs. PXE ETF Comparison
Comparison of MicroSectors U.S. Big Oil Index -3X Inverse Leveraged ETN (NRGD) to PowerShares Dynamic Energy E&P (PXE)
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
$134.65
Average Daily Volume
42,904
10
PXE
PowerShares Dynamic Energy E&P
PXE Description
The PowerShares Energy Exploration & Production Portfolio (Fund) is based on the Dynamic Energy Exploration & Production IntellidexSM Index (Intellidex Index). The Fund will normally invest at least 90% of its total assets in common stocks that comprise the Index. The Intellidex Index thoroughly evaluates companies based on a variety of investment merit criteria, including: price momentum, earnings momentum, quality, management action, and value. The Underlying Intellidex Index is composed of stocks of 30 U.S. companies involved in the exploration and production of natural resources used to produce energy. These companies are engaged principally in exploration, extraction and production of crude oil and natural gas from land-based or offshore wells. These companies include petroleum refineries that process the crude oil into finished products, such as gasoline and automotive lubricants, and companies involved in gathering and processing natural gas, and manufacturing natural gas liquid. The Fund is rebalanced and reconstituted quarterly in February, May, August and November.Grade (RS Rating)
Last Trade
$35.95
Average Daily Volume
47,816
29
Performance
| Period | NRGD | PXE |
|---|---|---|
| 30 Days | -12.88% | 3.10% |
| 60 Days | -33.37% | 13.59% |
| 90 Days | -38.40% | 18.16% |
| 12 Months | -57.52% | 42.68% |
NRGD Underweight 23 Positions Relative to PXE
| Symbol | Grade | Weight | |
|---|---|---|---|
| FANG | A | -5.05% | |
| CTRA | A | -4.92% | |
| SM | A | -3.0% | |
| CRK | A | -2.97% | |
| CNX | A | -2.92% | |
| PBF | A | -2.9% | |
| PR | A | -2.9% | |
| MRO | A | -2.87% | |
| MUR | A | -2.84% | |
| OVV | A | -2.82% | |
| GPOR | A | -2.79% | |
| RRC | A | -2.76% | |
| CHK | A | -2.73% | |
| MTDR | A | -2.67% | |
| CHRD | A | -2.65% | |
| DK | B | -2.61% | |
| NFG | A | -2.6% | |
| APA | B | -2.54% | |
| CRC | A | -2.45% | |
| CRGY | F | -2.39% | |
| DINO | C | -2.3% | |
| CVI | D | -2.29% | |
| PARR | D | -1.98% |
NRGD: Top Represented Industries & Keywords
PXE: Top Represented Industries & Keywords
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