OIH vs. NRGU ETF Comparison
Comparison of Market Vectors Oil Services ETF (OIH) to MicroSectors U.S. Big Oil Index 3X Leveraged ETN (NRGU)
OIH
Market Vectors Oil Services ETF
OIH Description
The investment seeks to replicate as closely as possible, before fees and expenses, the price and yield performance of the Market Vectors® US Listed Oil Services 25 Index (the "Oil Services Index"). The fund normally invests at least 80% of its total assets in securities that comprise the fund's benchmark index. The Oil Services Index is comprised of common stocks and depositary receipts of U.S. exchange-listed companies in the oil services industry. Such companies may include medium-capitalization companies and foreign companies that are listed on a U.S. exchange. The fund is non-diversified.
Grade (RS Rating)
Last Trade
$301.90
Average Daily Volume
628,371
23
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
Performance
| Period | OIH | NRGU |
|---|---|---|
| 30 Days | 7.38% | 0.50% |
| 60 Days | 2.12% | -2.89% |
| 90 Days | -2.55% | -23.35% |
| 12 Months | -4.71% | 20.25% |
0 Overlapping Holdings
| Symbol | Grade | Weight in OIH | Weight in NRGU | Overlap |
|---|
OIH Overweight 23 Positions Relative to NRGU
OIH: Top Represented Industries & Keywords
NRGU: Top Represented Industries & Keywords
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