NRGU vs. UMI ETF Comparison
Comparison of MicroSectors U.S. Big Oil Index 3X Leveraged ETN (NRGU) to USCF Midstream Energy Income Fund (UMI)
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
$571.16
Average Daily Volume
31,023
10
UMI
USCF Midstream Energy Income Fund
UMI Description
The investment seeks a high level of current income; as a secondary objective, the fund seeks capital appreciation. The fund will seek to achieve its investment objectives by investing, under normal market conditions, at least 80% of its net assets in equity securities of U.S. and Canadian companies of any market capitalization deemed by the Sub-Adviser to be engaged in the midstream energy sector. It will invest more than 25% of the value of its total assets in the energy, oil, and gas industries. The fund is non-diversified.Grade (RS Rating)
Last Trade
$39.73
Average Daily Volume
11,209
18
Performance
| Period | NRGU | UMI |
|---|---|---|
| 30 Days | -13.58% | -1.30% |
| 60 Days | 18.32% | 4.30% |
| 90 Days | 30.36% | 9.34% |
| 12 Months | 61.48% | 27.15% |
0 Overlapping Holdings
| Symbol | Grade | Weight in NRGU | Weight in UMI | Overlap |
|---|
NRGU Underweight 18 Positions Relative to UMI
NRGU: Top Represented Industries & Keywords
UMI: Top Represented Industries & Keywords
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