NRGU vs. IEO ETF Comparison

Comparison of MicroSectors U.S. Big Oil Index 3X Leveraged ETN (NRGU) to iShares U.S. Oil & Gas Exploration & Production ETF (IEO)
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

$594.99

Average Daily Volume

43,718

Number of Holdings *

10

* may have additional holdings in another (foreign) market
IEO

iShares U.S. Oil & Gas Exploration & Production ETF

IEO Description The investment seeks to track the investment results of an index composed of U.S. equities in the oil and gas exploration and production sector. The fund generally invests at least 90% of its assets in securities of the underlying index and in depositary receipts representing securities of the underlying index. It seeks to track the investment results of the Dow Jones U.S. Select Oil Exploration & Production Index (the "underlying index"), which measures the performance of the oil exploration and production sub-sector of the U.S. equity market. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$105.56

Average Daily Volume

116,110

Number of Holdings *

47

* may have additional holdings in another (foreign) market
Performance
Period NRGU IEO
30 Days 29.08% 11.04%
60 Days 40.90% 15.01%
90 Days 43.38% 13.45%
12 Months 58.71% 29.65%
7 Overlapping Holdings
Symbol Grade Weight in NRGU Weight in IEO Overlap
COP B 10.0% 18.25% 10.0%
DVN C 10.0% 4.42% 4.42%
EOG C 10.0% 9.22% 9.22%
MPC A 10.0% 9.19% 9.19%
PSX A 10.0% 8.58% 8.58%
PXD A 10.0% 4.4% 4.4%
VLO B 10.0% 4.9% 4.9%
NRGU Overweight 3 Positions Relative to IEO
Symbol Grade Weight
XOM B 10.0%
OXY B 10.0%
CVX C 10.0%
NRGU Underweight 40 Positions Relative to IEO
Symbol Grade Weight
FANG A -4.44%
HES C -4.32%
CTRA C -3.12%
MRO C -2.41%
EQT D -2.14%
OVV B -1.97%
TPL C -1.6%
APA D -1.56%
DINO A -1.46%
CHK B -1.45%
RRC C -1.21%
SWN B -1.21%
AR C -1.15%
MTDR B -1.15%
PR B -1.08%
CHRD B -1.07%
CIVI C -0.98%
MUR C -0.98%
PBF B -0.94%
SM B -0.85%
MGY B -0.7%
NOG C -0.55%
CRC C -0.55%
CNX B -0.52%
KOS F -0.41%
PARR B -0.34%
STR C -0.3%
CPE C -0.29%
DK A -0.28%
TALO D -0.28%
WKC B -0.24%
GPOR A -0.23%
VTLE C -0.19%
GPRE D -0.18%
CVI B -0.16%
CRGY D -0.14%
CRK D -0.12%
REX C -0.11%
TELL F -0.07%
CLNE F -0.07%
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