SIFI vs. NRGD ETF Comparison

Comparison of Harbor Scientific Alpha Income ETF (SIFI) to MicroSectors U.S. Big Oil Index -3X Inverse Leveraged ETN (NRGD)

SIFI

Harbor Scientific Alpha Income ETF

SIFI Description

Harbor ETF Trust - Harbor Scientific Alpha Income ETF is an exchange traded fund launched and managed by Harbor Capital Advisors, Inc. It is co-managed by Bluecove Limited. It invests in the fixed income markets of the United States. It invests directly and through derivatives such as swaps and future to create its portfolio. It invests in U.S. dollar-denominated debt securities issued by U.S. government, its agencies or government-sponsored enterprises and corporates. The fund primarily invests in investment-grade securities that are rated BBB- and above by S&P and Fitch and Baa3 and above by Moody’s. The fund invests in securities with varying maturities.

Grade (RS Rating)

Last Trade

$43.33

Average Daily Volume

147

Number of Holdings ^*

1

* may have additional holdings in another (foreign) market

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

$173.69

Average Daily Volume

17,813

Number of Holdings ^*

10

* may have additional holdings in another (foreign) market

Performance

Period	SIFI	NRGD
30 Days	1.00%	-3.74%
60 Days	1.94%	14.04%
90 Days	1.99%	39.79%
12 Months	9.31%	-51.65%

0 Overlapping Holdings

	Symbol	Grade	Weight in SIFI	Weight in NRGD	Overlap

SIFI Overweight 1 Positions Relative to NRGD

	Symbol	Grade	Weight
	TTE	C	100.2%

SIFI Underweight 10 Positions Relative to NRGD

	Symbol	Grade	Weight
	XOM	D	-10.0%
	VLO	D	-10.0%
	PXD	B	-10.0%
	PSX	D	-10.0%
	OXY	D	-10.0%
	MPC	D	-10.0%
	EOG	D	-10.0%
	DVN	D	-10.0%
	CVX	D	-10.0%
	COP	D	-10.0%

SIFI: Top Represented Industries & Keywords

Industries: Oil & Gas Integrated

Keywords: Adhesives Cac 40 Chemicals Segment Crude Oil Elastomer Electricity Liquefied Natural Gas Liquefied Petroleum Gas Natural Gas Oil And Gas Oil Refineries Petrochemical Petroleum Petroleum Gas Petroleum Products Plating Polyol Polyolefin Polyolefins Repsol

NRGD: Top Represented Industries & Keywords

Industries: Oil & Gas E&P Oil & Gas Refining & Marketing Oil & Gas Integrated

Keywords: S&P 500 Natural Gas Petroleum Industry Natural Gas Liquids Petroleum Crude Oil Midstream Petroleum Products Chemical Natural Gas Processing Plastic Refined Products Commodity Petrochemicals Liquefied Natural Gas Oil And Gas Properties Permian Basin Petrochemical Propane Sulfur Transports Crude Oil