SHNY vs. RAAX ETF Comparison
Comparison of Bank Of Montreal MicroSectors Gold 3X Leveraged ETNs due January 29, 2043 (SHNY) to VanEck Vectors Real Asset Allocation ETF (RAAX)
SHNY
Bank Of Montreal MicroSectors Gold 3X Leveraged ETNs due January 29, 2043
SHNY Description
The investment seeks daily investment results, before fees and expenses, of 200% of the daily performance of the Solactive Global Silver Miners Index. The fund, under normal circumstances, invests at least 80% of its net assets (plus borrowing for investment purposes) in securities of the index, exchange-traded funds ("ETFs") that track the index and other financial instruments that provide daily leveraged exposure to the index or ETFs that track the index. The index is designed to measure broad based equity market performance of companies involved in the silver mining industry, as defined by Structured Solutions AG. The fund is non-diversified.
Grade (RS Rating)
Last Trade
$45.36
Average Daily Volume
38,488
1
RAAX
VanEck Vectors Real Asset Allocation ETF
RAAX Description
The investment seeks long-term total return. The fund invests, under normal circumstances, primarily in (i) exchange traded products that provide exposure to real assets through investment in domestic and foreign equity and debt securities, master limited partnerships ("MLPs"), and physical commodities, including ETFs and non-1940 Act (defined herein) commodity pools or commodity trusts and exchange traded notes ("ETNs") (collectively, "ETPs"); and (ii) cash or cash equivalents. It is non-diversified.Grade (RS Rating)
Last Trade
$30.32
Average Daily Volume
13,553
9
Performance
Period | SHNY | RAAX |
---|---|---|
30 Days | -10.92% | 1.73% |
60 Days | 0.29% | 5.47% |
90 Days | 11.86% | 7.33% |
12 Months | 76.98% | 17.70% |
0 Overlapping Holdings
Symbol | Grade | Weight in SHNY | Weight in RAAX | Overlap |
---|
SHNY Overweight 1 Positions Relative to RAAX
Symbol | Grade | Weight | |
---|---|---|---|
GLD | C | 100.0% |
SHNY: Top Represented Industries & Keywords
RAAX: Top Represented Industries & Keywords