NRGD vs. TPYP ETF Comparison
Comparison of MicroSectors U.S. Big Oil Index -3X Inverse Leveraged ETN (NRGD) to Tortoise North American Pipeline Fund ETF (TPYP)
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
TPYP
Tortoise North American Pipeline Fund ETF
TPYP Description
The investment seeks investment results that correspond generally to the price and distribution rate (total return) performance of the Tortoise North American Pipeline Index (the "underlying index"). The fund will normally invest at least 80% of its total assets in securities that comprise the underlying index (or depository receipts based on such securities). The underlying index is a proprietary rules-based, capitalization weighted, float adjusted index designed to track the overall performance of equity securities of North American Pipeline Companies. The fund is non-diversified.Grade (RS Rating)
Last Trade
$29.13
Average Daily Volume
47,025
36
Performance
| Period | NRGD | TPYP |
|---|---|---|
| 30 Days | -0.51% | 3.56% |
| 60 Days | 13.35% | 3.92% |
| 90 Days | 31.17% | 8.41% |
| 12 Months | -41.70% | 21.78% |
0 Overlapping Holdings
| Symbol | Grade | Weight in NRGD | Weight in TPYP | Overlap |
|---|
NRGD Underweight 36 Positions Relative to TPYP
| Symbol | Grade | Weight | |
|---|---|---|---|
| WMB | B | -7.5% | |
| OKE | A | -7.43% | |
| LNG | B | -7.26% | |
| KMI | A | -7.03% | |
| TRGP | A | -4.17% | |
| ET | B | -4.08% | |
| NI | A | -4.05% | |
| EPD | B | -4.01% | |
| ATO | B | -3.95% | |
| MPLX | C | -3.15% | |
| ETRN | D | -1.86% | |
| PAA | B | -1.7% | |
| AM | B | -1.66% | |
| NFG | C | -1.65% | |
| WES | C | -1.57% | |
| DTM | B | -1.44% | |
| SWX | D | -1.43% | |
| NJR | C | -1.38% | |
| SUN | C | -1.21% | |
| OGS | C | -1.17% | |
| SR | B | -1.14% | |
| ENLC | C | -1.03% | |
| AROC | A | -0.9% | |
| CPK | C | -0.78% | |
| PAGP | B | -0.77% | |
| HESM | A | -0.69% | |
| KNTK | B | -0.49% | |
| NWN | C | -0.45% | |
| NFE | F | -0.45% | |
| CQP | C | -0.4% | |
| USAC | D | -0.35% | |
| GEL | C | -0.33% | |
| GLP | D | -0.26% | |
| DKL | C | -0.1% | |
| CAPL | F | -0.08% | |
| EE | C | -0.07% |
NRGD: Top Represented Industries & Keywords
TPYP: Top Represented Industries & Keywords
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