NRGU vs. LITP ETF Comparison
Comparison of MicroSectors U.S. Big Oil Index 3X Leveraged ETN (NRGU) to Sprott Lithium Miners ETF (LITP)
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
10
LITP
Sprott Lithium Miners ETF
LITP Description
The fund will, under normal circumstances, invest at least 80% of its total assets in securities of the index. The index is designed to track the performance of companies that derive at least 50% of their revenue and/or assets from mining, exploration, development, or production of lithium. The index generally consists of from 40 to 50 constituents. The fund is non-diversified.Grade (RS Rating)
Last Trade
$7.58
Average Daily Volume
10,276
3
Performance
| Period | NRGU | LITP |
|---|---|---|
| 30 Days | 0.50% | -3.56% |
| 60 Days | -2.89% | -24.12% |
| 90 Days | -23.35% | -25.69% |
| 12 Months | 20.25% | -56.22% |
0 Overlapping Holdings
| Symbol | Grade | Weight in NRGU | Weight in LITP | Overlap |
|---|
NRGU: Top Represented Industries & Keywords
LITP: Top Represented Industries & Keywords
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