NRGD vs. BRAZ ETF Comparison
Comparison of MicroSectors U.S. Big Oil Index -3X Inverse Leveraged ETN (NRGD) to Global X Brazil Active ETF (BRAZ)
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
$165.76
Average Daily Volume
12,309
9
BRAZ
Global X Brazil Active ETF
BRAZ Description
The fund is an actively managed exchange traded fund ("ETF") advised by Global X Management Company LLC (the "Adviser") that seeks to achieve its investment objective by investing, under normal circumstances, at least 80% of its net assets, plus any borrowings for investment purposes, measured at the time of purchase, in equity securities: (i) of issuers domiciled in Brazil; and/or (ii) that are tied economically to Brazil. The fund is non-diversified.Grade (RS Rating)
Last Trade
$24.63
Average Daily Volume
764
6
Performance
| Period | NRGD | BRAZ |
|---|---|---|
| 30 Days | -1.73% | 4.59% |
| 60 Days | -1.02% | 1.71% |
| 90 Days | 23.10% | 3.52% |
| 12 Months | -36.82% | 0.82% |
0 Overlapping Holdings
| Symbol | Grade | Weight in NRGD | Weight in BRAZ | Overlap |
|---|
NRGD: Top Represented Industries & Keywords
BRAZ: Top Represented Industries & Keywords
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