NRGD vs. OIH ETF Comparison
Comparison of MicroSectors U.S. Big Oil Index -3X Inverse Leveraged ETN (NRGD) to Market Vectors Oil Services ETF (OIH)
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
$174.74
Average Daily Volume
17,028
10
OIH
Market Vectors Oil Services ETF
OIH Description
The investment seeks to replicate as closely as possible, before fees and expenses, the price and yield performance of the Market Vectors® US Listed Oil Services 25 Index (the "Oil Services Index"). The fund normally invests at least 80% of its total assets in securities that comprise the fund's benchmark index. The Oil Services Index is comprised of common stocks and depositary receipts of U.S. exchange-listed companies in the oil services industry. Such companies may include medium-capitalization companies and foreign companies that are listed on a U.S. exchange. The fund is non-diversified.Grade (RS Rating)
Last Trade
$315.25
Average Daily Volume
355,339
24
Performance
| Period | NRGD | OIH |
|---|---|---|
| 30 Days | -0.51% | 2.09% |
| 60 Days | 13.35% | -1.74% |
| 90 Days | 31.17% | -5.66% |
| 12 Months | -41.70% | -1.29% |
0 Overlapping Holdings
| Symbol | Grade | Weight in NRGD | Weight in OIH | Overlap |
|---|
NRGD Underweight 24 Positions Relative to OIH
| Symbol | Grade | Weight | |
|---|---|---|---|
| SLB | D | -20.8% | |
| BKR | B | -10.33% | |
| HAL | F | -9.78% | |
| WFRD | B | -5.35% | |
| TS | D | -4.8% | |
| FTI | B | -4.66% | |
| CHX | D | -4.66% | |
| NOV | C | -4.53% | |
| VAL | B | -4.2% | |
| RIG | F | -4.03% | |
| PTEN | F | -3.72% | |
| WHD | B | -3.31% | |
| HP | D | -2.73% | |
| LBRT | D | -2.3% | |
| OII | C | -2.03% | |
| XPRO | C | -1.67% | |
| HLX | A | -1.54% | |
| WTTR | B | -1.18% | |
| SLCA | D | -0.97% | |
| RES | F | -0.88% | |
| NBR | D | -0.71% | |
| CLB | C | -0.57% | |
| PUMP | F | -0.5% | |
| DRQ | F | -0.44% |
NRGD: Top Represented Industries & Keywords
OIH: Top Represented Industries & Keywords
Compare ETFs
