LITP vs. NRGU ETF Comparison
Comparison of Sprott Lithium Miners ETF (LITP) to MicroSectors U.S. Big Oil Index 3X Leveraged ETN (NRGU)
LITP
Sprott Lithium Miners ETF
LITP Description
The fund will, under normal circumstances, invest at least 80% of its total assets in securities of the index. The index is designed to track the performance of companies that derive at least 50% of their revenue and/or assets from mining, exploration, development, or production of lithium. The index generally consists of from 40 to 50 constituents. The fund is non-diversified.
Grade (RS Rating)
Last Trade
$8.38
Average Daily Volume
11,866
Number of Holdings
*
3
* may have additional holdings in another (foreign) market
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
$502.48
Average Daily Volume
24,813
Number of Holdings
*
9
* may have additional holdings in another (foreign) market
Performance
Period | LITP | NRGU |
---|---|---|
30 Days | 15.43% | 0.50% |
60 Days | 19.54% | -2.89% |
90 Days | 3.71% | -23.35% |
12 Months | -37.11% | 20.25% |
0 Overlapping Holdings
Symbol | Grade | Weight in LITP | Weight in NRGU | Overlap |
---|
LITP: Top Represented Industries & Keywords
NRGU: 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
Petroleum
Crude Oil
Midstream
Petroleum Products
Chemical
Plastic
Refined Products
Commodity Petrochemicals
Liquefied Natural Gas
Natural Gas Processing
Oil And Gas Properties
Petrochemical
Propane
Sulfur
Transports Crude Oil
Abu Dhabi National Oil Company