NRGU vs. CUT ETF Comparison
Comparison of MicroSectors U.S. Big Oil Index 3X Leveraged ETN (NRGU) to Invesco MSCI Global Timber ETF (CUT)
NRGU
MicroSectors U.S. Big Oil Index 3X Leveraged ETN
NRGU Description
The investment seeks to reflect a 3x leveraged long 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 performance of the index, compounded daily, less a Daily Investor Fee, the Daily Financing Charge 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
$502.48
Average Daily Volume
24,813
9
CUT
Invesco MSCI Global Timber ETF
CUT Description
The investment seeks investment results that correspond generally to the performance, before the fund's fees and expenses, of an equity index called the Beacon Global Timber Index. The fund will invest at least 90% of its total assets in common stock, American depositary receipts ("ADRs") and global depositary receipts ("GDRs") that comprise the index and depositary receipts representing common stocks included in the index (or underlying securities representing the ADRs and GDRs included in the index). It generally will invest in all of the securities comprising the index in proportion to their weightings in the index. The fund is non-diversified.Grade (RS Rating)
Last Trade
$35.37
Average Daily Volume
2,573
18
Performance
Period | NRGU | CUT |
---|---|---|
30 Days | 0.50% | 4.34% |
60 Days | -2.89% | 10.28% |
90 Days | -23.35% | 8.77% |
12 Months | 20.25% | 22.79% |
0 Overlapping Holdings
Symbol | Grade | Weight in NRGU | Weight in CUT | Overlap |
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NRGU: Top Represented Industries & Keywords
CUT: Top Represented Industries & Keywords