NRGD vs. WOOD ETF Comparison
Comparison of MicroSectors U.S. Big Oil Index -3X Inverse Leveraged ETN (NRGD) to iShares S&P Global Timber & Forestry Index Fund (WOOD)
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
WOOD
iShares S&P Global Timber & Forestry Index Fund
WOOD Description
The investment seeks to track the investment results of an index composed of global equities in or related to the timber and forestry industry. The fund generally invests at least 90% of its assets in securities of the underlying index and in depositary receipts representing securities of the underlying index. It seeks to track the investment results of the S&P Global Timber & Forestry IndexTM (the "underlying index"), which is comprised of approximately 25 of the largest publicly-traded companies engaged in the ownership, management or upstream supply chain of forests and timberlands. The fund is non-diversified.Grade (RS Rating)
Last Trade
$85.96
Average Daily Volume
10,029
11
Performance
| Period | NRGD | WOOD |
|---|---|---|
| 30 Days | -1.73% | 7.18% |
| 60 Days | -1.02% | 12.84% |
| 90 Days | 23.10% | 10.61% |
| 12 Months | -36.82% | 20.98% |
0 Overlapping Holdings
| Symbol | Grade | Weight in NRGD | Weight in WOOD | Overlap |
|---|
NRGD: Top Represented Industries & Keywords
WOOD: Top Represented Industries & Keywords
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