NRGU vs. GCAD ETF Comparison
Comparison of MicroSectors U.S. Big Oil Index 3X Leveraged ETN (NRGU) to Gabelli Equity Income ETF (GCAD)
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
$573.98
Average Daily Volume
30,735
10
GCAD
Gabelli Equity Income ETF
GCAD Description
The fund will seek to achieve its investment objective by investing, under normal market conditions, at least 80% of its net assets in securities in income producing equity securities including securities in the aerospace and defense sectors. Aerospace companies include manufacturers, assemblers and distributors of aircraft and aircraft parts. Defense companies include producers of components and equipment for the defense industry, such as military aircraft, radar equipment and weapons.Grade (RS Rating)
Last Trade
$30.93
Average Daily Volume
864
10
Performance
Period | NRGU | GCAD |
---|---|---|
30 Days | -19.25% | 2.66% |
60 Days | 23.31% | 3.75% |
90 Days | 31.84% | 8.49% |
12 Months | 82.42% | 28.70% |
0 Overlapping Holdings
Symbol | Grade | Weight in NRGU | Weight in GCAD | Overlap |
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NRGU: Top Represented Industries & Keywords
GCAD: Top Represented Industries & Keywords