SURI vs. NRGD ETF Comparison

Comparison of Simplify Exchange Traded Funds Simplify Propel Opportunities ETF (SURI) to MicroSectors U.S. Big Oil Index -3X Inverse Leveraged ETN (NRGD)
SURI

Simplify Exchange Traded Funds Simplify Propel Opportunities ETF

SURI Description

The fund is an actively managed exchange-traded fund. The Sub-Adviser concentrates the fund's investments (i.e., invests more than 25% of its net assets) in the securities of issuers in the biotechnology, pharmaceuticals, healthcare technology, and life science tools and services industries. The Sub-Adviser employs an actively managed opportunistic multi-asset strategy that focuses on common stock, preferred stock, convertible bonds, structured notes, corporate notes and bonds, and ETFs that primarily invest in the preceding security types. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$21.99

Average Daily Volume

19,882

Number of Holdings *

10

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

MicroSectors U.S. Big Oil Index -3X Inverse Leveraged ETN

NRGD Description The investment seeks to reflect a 3x inverse leveraged 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 inverse performance of the index, compounded daily, less a Daily Investor Fee, any negative Daily Interest 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

$153.58

Average Daily Volume

41,410

Number of Holdings *

10

* may have additional holdings in another (foreign) market
Performance
Period SURI NRGD
30 Days -11.73% 13.21%
60 Days -14.88% -18.17%
90 Days 6.34% -27.14%
12 Months 11.49% -55.06%
0 Overlapping Holdings
Symbol Grade Weight in SURI Weight in NRGD Overlap
SURI Overweight 10 Positions Relative to NRGD
Symbol Grade Weight
PAGP B 22.64%
APLT D 17.32%
TCRX A 7.52%
MDGL C 5.62%
PHAT D 5.01%
AKRO F 4.85%
FULC D 3.97%
ATHA D 3.7%
RNA A 2.88%
HIGH A 2.65%
SURI Underweight 10 Positions Relative to NRGD
Symbol Grade Weight
XOM B -10.0%
VLO B -10.0%
PXD A -10.0%
PSX D -10.0%
OXY B -10.0%
MPC B -10.0%
EOG B -10.0%
DVN B -10.0%
CVX A -10.0%
COP B -10.0%
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