XLE vs. NRGD ETF Comparison

Comparison of SPDR Select Sector Fund - Energy Select Sector (XLE) to MicroSectors U.S. Big Oil Index -3X Inverse Leveraged ETN (NRGD)
XLE

SPDR Select Sector Fund - Energy Select Sector

XLE Description

The investment seeks to provide investment results that, before expenses, correspond generally to the price and yield performance of publicly traded equity securities of companies in The Energy Select Sector Index. In seeking to track the performance of the index, the fund employs a replication strategy. It generally invests substantially all, but at least 95%, of its total assets in the securities comprising the index. The index includes companies from the following industries: oil, gas & consumable fuels; and energy equipment & services. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$93.84

Average Daily Volume

16,309,339

Number of Holdings *

23

* 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

$147.44

Average Daily Volume

43,190

Number of Holdings *

10

* may have additional holdings in another (foreign) market
Performance
Period XLE NRGD
30 Days 1.80% -5.27%
60 Days 10.55% -27.87%
90 Days 18.00% -42.87%
12 Months 12.54% -49.10%
10 Overlapping Holdings
Symbol Grade Weight in XLE Weight in NRGD Overlap
COP A 9.06% 10.0% 9.06%
CVX A 16.33% 10.0% 10.0%
DVN A 2.02% 10.0% 2.02%
EOG A 4.65% 10.0% 4.65%
MPC A 4.54% 10.0% 4.54%
OXY A 2.62% 10.0% 2.62%
PSX A 4.13% 10.0% 4.13%
PXD A 3.7% 10.0% 3.7%
VLO A 3.49% 10.0% 3.49%
XOM A 22.96% 10.0% 10.0%
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