MLPA vs. WTID ETF Comparison
Comparison of Global X MLP ETF (MLPA) to Bank Of Montreal MicroSectors Energy 3X Inverse Leveraged ETNs (WTID)
MLPA
Global X MLP ETF
MLPA Description
The investment seeks investment results that correspond generally to the price and yield performance, before fees and expenses, of the Solactive MLP Composite Index ("underlying index"). The fund invests at least 80% of its net assets in the securities of the underlying index. Moreover, at least 80% of the fund's net assets will be invested in securities that have economic characteristics of the Master Limited Partnership ("MLP") asset class. The underlying index is intended to give investors a means of tracking the overall performance of the United States master limited partnerships (MLP) asset class. The fund is non-diversified.
Grade (RS Rating)
Last Trade
$49.36
Average Daily Volume
96,316
18
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
$15.49
Average Daily Volume
969
10
Performance
Period | MLPA | WTID |
---|---|---|
30 Days | 5.07% | -12.41% |
60 Days | 4.94% | -15.66% |
90 Days | 6.22% | -12.98% |
12 Months | 18.76% | -32.40% |
0 Overlapping Holdings
Symbol | Grade | Weight in MLPA | Weight in WTID | Overlap |
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MLPA: Top Represented Industries & Keywords
WTID: Top Represented Industries & Keywords