NRGD vs. WEEI ETF Comparison
Comparison of MicroSectors U.S. Big Oil Index -3X Inverse Leveraged ETN (NRGD) to Westwood Salient Enhanced Energy Income ETF (WEEI)
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
10
WEEI
Westwood Salient Enhanced Energy Income ETF
WEEI Description
The fund is an actively managed ETF that seeks to achieve its investment objectives by investing, under normal circumstances, at least 80% of its net assets (plus the amount of borrowings, if any, for investment purposes) in securities of Midstream North American corporations and Midstream U.S. master limited partnerships ("MLPs") (collectively, "Midstream Investments"). The fund is non-diversified.Grade (RS Rating)
Last Trade
$23.43
Average Daily Volume
10,469
10
Performance
| Period | NRGD | WEEI |
|---|---|---|
| 30 Days | -1.73% | -1.47% |
| 60 Days | -1.02% | -3.41% |
| 90 Days | 23.10% | -2.52% |
| 12 Months | -36.82% |
NRGD: Top Represented Industries & Keywords
WEEI: Top Represented Industries & Keywords
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