SIFI vs. NRGU ETF Comparison
Comparison of Harbor Scientific Alpha Income ETF (SIFI) to MicroSectors U.S. Big Oil Index 3X Leveraged ETN (NRGU)
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
$44.29
Average Daily Volume
105
1
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 | SIFI | NRGU |
---|---|---|
30 Days | 0.77% | 0.50% |
60 Days | 2.03% | -2.89% |
90 Days | 3.03% | -23.35% |
12 Months | 12.68% | 20.25% |
0 Overlapping Holdings
Symbol | Grade | Weight in SIFI | Weight in NRGU | Overlap |
---|
SIFI Overweight 1 Positions Relative to NRGU
Symbol | Grade | Weight | |
---|---|---|---|
TTE | B | 100.2% |
SIFI: Top Represented Industries & Keywords
NRGU: Top Represented Industries & Keywords