WTID vs. NRGU ETF Comparison
Comparison of Bank Of Montreal MicroSectors Energy 3X Inverse Leveraged ETNs (WTID) to MicroSectors U.S. Big Oil Index 3X Leveraged ETN (NRGU)
WTID
Bank Of Montreal MicroSectors Energy 3X Inverse Leveraged ETNs
WTID Description
The investment seeks to provide a three times leveraged inverse exposure to changes in the level of the Bloomberg WTI Crude Oil Subindex ERSM. The index is designed to measure the return from a rolling long position in WTI crude oil futures contracts that trade on major U.S. exchanges.
Grade (RS Rating)
Last Trade
$17.16
Average Daily Volume
2,041
Number of Holdings
*
10
* may have additional holdings in another (foreign) market
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
Number of Holdings
*
9
* may have additional holdings in another (foreign) market
Performance
Period | WTID | NRGU |
---|---|---|
30 Days | 4.97% | 0.50% |
60 Days | -5.76% | -2.89% |
90 Days | 9.08% | -23.35% |
12 Months | -20.24% | 20.25% |
WTID Overweight 1 Positions Relative to NRGU
Symbol | Grade | Weight | |
---|---|---|---|
HES | D | 5.84% |
WTID Underweight 0 Positions Relative to NRGU
Symbol | Grade | Weight |
---|
WTID: Top Represented Industries & Keywords
NRGU: 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
Plastic
Refined Products
Commodity Petrochemicals
Liquefied Natural Gas
Natural Gas Processing
Oil And Gas Properties
Petrochemical
Propane
Sulfur
Transports Crude Oil
Abu Dhabi National Oil Company