NRGD vs. OILD ETF Comparison
Comparison of MicroSectors U.S. Big Oil Index -3X Inverse Leveraged ETN (NRGD) to ProShares UltraPro 3x Short Crude Oil ETF (OILD)
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
OILD
ProShares UltraPro 3x Short Crude Oil ETF
OILD Description
ProShares UltraPro 3x Short Crude Oil ETF seeks daily investment results, before fees and expenses, that correspond to three times (3x) the daily performance of the Bloomberg WTI Crude Oil SubindexSM. The underlying index reflects the performance of the price of West Texas Intermediate sweet, light crude oil futures contracts traded on the NYMEX. The fund seeks to meet its investment objective by investing, under normal market conditions, in futures contracts for WTI sweet, light crude oil listed on the NYMEX, ICE Futures U.S. or other U.S. exchanges and listed options on such contracts.Grade (RS Rating)
Last Trade
$15.66
Average Daily Volume
68,424
25
Performance
Period | NRGD | OILD |
---|---|---|
30 Days | -1.73% | -0.19% |
60 Days | -1.02% | -8.63% |
90 Days | 23.10% | 4.73% |
12 Months | -36.82% | -17.27% |
NRGD Overweight 0 Positions Relative to OILD
Symbol | Grade | Weight |
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NRGD: Top Represented Industries & Keywords
OILD: Top Represented Industries & Keywords