NRGD vs. XES ETF Comparison
Comparison of MicroSectors U.S. Big Oil Index -3X Inverse Leveraged ETN (NRGD) to SPDR S&P Oil & Gas Equipment & Services ETF (XES)
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
$164.69
Average Daily Volume
18,052
10
XES
SPDR S&P Oil & Gas Equipment & Services ETF
XES Description
The investment seeks to provide investment results that, before fees and expenses, correspond generally to the total return performance of an index derived from the oil and gas equipment and services segment of a U.S. total market composite index. In seeking to track the performance of the S&P Oil & Gas Equipment & Services Select Industry Index, the fund employs a replication strategy. It generally invests substantially all, but at least 80%, of its total assets in the securities comprising the index. The index represents the oil and gas equipment and services industry group of the S&P Total Market Index ("S&P TMI"). The fund is non-diversified.Grade (RS Rating)
Last Trade
$90.64
Average Daily Volume
74,189
30
Performance
| Period | NRGD | XES |
|---|---|---|
| 30 Days | -5.94% | 2.47% |
| 60 Days | 5.98% | 0.72% |
| 90 Days | 27.75% | -5.63% |
| 12 Months | -49.77% | 15.76% |
0 Overlapping Holdings
| Symbol | Grade | Weight in NRGD | Weight in XES | Overlap |
|---|
NRGD Underweight 30 Positions Relative to XES
| Symbol | Grade | Weight | |
|---|---|---|---|
| BKR | B | -4.89% | |
| CHX | C | -4.83% | |
| SLB | C | -4.82% | |
| WFRD | B | -4.74% | |
| NOV | C | -4.71% | |
| HP | D | -4.68% | |
| FTI | B | -4.65% | |
| HAL | F | -4.59% | |
| PTEN | F | -4.57% | |
| AROC | B | -4.39% | |
| VAL | B | -4.36% | |
| LBRT | D | -4.35% | |
| RIG | D | -4.24% | |
| TDW | D | -4.15% | |
| WHD | B | -3.93% | |
| OII | B | -2.98% | |
| DO | B | -2.85% | |
| HLX | A | -2.78% | |
| XPRO | C | -2.49% | |
| AESI | D | -2.48% | |
| PUMP | D | -1.84% | |
| SLCA | B | -1.81% | |
| NBR | D | -1.75% | |
| WTTR | B | -1.66% | |
| RES | F | -1.35% | |
| CLB | B | -0.98% | |
| DRQ | D | -0.87% | |
| TTI | D | -0.87% | |
| NR | C | -0.68% | |
| VTOL | B | -0.48% |
NRGD: Top Represented Industries & Keywords
XES: Top Represented Industries & Keywords
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