NRGD vs. BBAX ETF Comparison
Comparison of MicroSectors U.S. Big Oil Index -3X Inverse Leveraged ETN (NRGD) to JPMorgan BetaBuilders Developed Asia-ex Japan ETF (BBAX)
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
$173.69
Average Daily Volume
17,813
10
BBAX
JPMorgan BetaBuilders Developed Asia-ex Japan ETF
BBAX Description
The investment seeks investment results that closely correspond, before fees and expenses, to the performance of the Morningstar® Developed Asia Pacific ex-Japan Target Market Exposure IndexSM. The fund will invest at least 80% of its assets in securities included in the underlying index. The underlying index targets 85% of the stocks traded on the primary exchanges in each country or region by market capitalization, and primarily includes large- and mid-capitalization companies.Grade (RS Rating)
Last Trade
$49.18
Average Daily Volume
204,951
3
Performance
| Period | NRGD | BBAX |
|---|---|---|
| 30 Days | -3.74% | 0.15% |
| 60 Days | 14.04% | 1.58% |
| 90 Days | 39.79% | 3.21% |
| 12 Months | -51.65% | 9.99% |
0 Overlapping Holdings
| Symbol | Grade | Weight in NRGD | Weight in BBAX | Overlap |
|---|
NRGD: Top Represented Industries & Keywords
BBAX: Top Represented Industries & Keywords
Compare ETFs
