NRGU vs. ERY ETF Comparison
Comparison of MicroSectors U.S. Big Oil Index 3X Leveraged ETN (NRGU) to Direxion Energy Bear 3X Shares (ERY)
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
$619.00
Average Daily Volume
35,983
10
ERY
Direxion Energy Bear 3X Shares
ERY Description
The investment seeks daily investment results, before fees and expenses, of 300% of the inverse (or opposite) of the performance of the Energy Select Sector Index. The fund, under normal circumstances, creates short positions by investing at least 80% of its assets in financial instruments that, in combination, provide leveraged and unleveraged exposure to the index. The index is provided by Standard & Poor's and includes domestic companies from the following industries: oil, gas & consumable fuels; and energy equipment & services. The fund is non-diversified.Grade (RS Rating)
Last Trade
$21.55
Average Daily Volume
303,159
22
Performance
| Period | NRGU | ERY |
|---|---|---|
| 30 Days | 4.05% | -2.70% |
| 60 Days | 34.91% | -16.99% |
| 90 Days | 66.15% | -26.77% |
| 12 Months | 41.10% | -18.27% |
10 Overlapping Holdings
NRGU Overweight 0 Positions Relative to ERY
| Symbol | Grade | Weight |
|---|
NRGU: Top Represented Industries & Keywords
ERY: Top Represented Industries & Keywords
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