OCTA vs. WTID ETF Comparison

Comparison of Octane All-Cap Value Energy ETF (OCTA) to Bank Of Montreal MicroSectors Energy 3X Inverse Leveraged ETNs (WTID)

OCTA

Octane All-Cap Value Energy ETF

OCTA Description

The fund is an actively managed exchange-traded fund ("ETF") that seeks to achieve its objective by investing in U.S.-listed equity securities of "Energy Companies." It will invest, under normal circumstances, at least 80% of its net assets plus the amount of borrowings for investment purposes, in equity securities of Value Energy Companies.

Grade (RS Rating)

Last Trade

$18.63

Average Daily Volume

404

Number of Holdings ^*

24

* may have additional holdings in another (foreign) market

WTID

Bank Of Montreal MicroSectors Energy 3X Inverse Leveraged ETNs

WTID Description

The investment seeks to provide a three times leveraged inverse exposure to changes in the level of the Bloomberg WTI Crude Oil Subindex ERSM. The index is designed to measure the return from a rolling long position in WTI crude oil futures contracts that trade on major U.S. exchanges.

Grade (RS Rating)

Last Trade

$15.15

Average Daily Volume

949

Number of Holdings ^*

10

* may have additional holdings in another (foreign) market

Performance

Period	OCTA	WTID
30 Days	5.45%	-18.06%
60 Days	-2.59%	-16.03%
90 Days	-2.33%	-10.11%
12 Months		-34.53%

4 Overlapping Holdings

	Symbol	Grade	Weight in OCTA	Weight in WTID	Overlap
	EOG	A	4.12%	6.48%	4.12%
	MPC	D	3.08%	7.85%	3.08%
	PSX	C	3.97%	6.04%	3.97%
	VLO	C	4.32%	7.49%	4.32%

OCTA Overweight 20 Positions Relative to WTID

	Symbol	Grade	Weight
	ARCH	B	6.44%
	SM	B	5.5%
	BTU	B	5.37%
	TTE	F	4.96%
	CEIX	A	4.26%
	PBF	D	4.21%
	ARLP	A	3.6%
	APA	D	3.56%
	TRMD	F	3.37%
	GPOR	B	3.02%
	PTEN	C	2.79%
	DINO	D	2.74%
	OVV	B	2.67%
	TS	B	2.61%
	PARR	D	2.6%
	E	F	2.57%
	CHRD	D	2.51%
	INSW	F	2.07%
	CIVI	D	2.06%
	LBRT	D	2.04%

OCTA Underweight 6 Positions Relative to WTID

	Symbol	Grade	Weight
	XOM	B	-15.0%
	CVX	A	-15.0%
	COP	C	-12.36%
	OXY	D	-9.69%
	DVN	F	-5.38%
	EQT	B	-5.36%

OCTA: Top Represented Industries & Keywords

Industries: Oil & Gas E&P Oil & Gas Refining & Marketing Coal Oil & Gas Equipment & Services Oil & Gas Integrated Shipping & Ports Oil & Gas Drilling

Keywords: Natural Gas Petroleum Crude Oil Petroleum Products Natural Gas Liquids Petroleum Industry Fuel S&P 500 Sulfur Coal Mining Refined Products Coal Electric Utilities Electricity Liquefied Natural Gas Mining Styrene Bakken Chemical Chemical Feedstock

WTID: Top Represented Industries & Keywords

Industries: Oil & Gas E&P Oil & Gas Refining & Marketing Oil & Gas Integrated

Keywords: S&P 500 Natural Gas Petroleum Industry Natural Gas Liquids Crude Oil Midstream Petroleum Petroleum Products Chemical Natural Gas Processing Plastic Refined Products Commodity Petrochemicals Gas Gathering Liquefied Natural Gas Natural Gas Gathering Oil And Gas Properties Petrochemical Propane Sulfur