MicroSectors U.S. Big Oil -3 Inverse Leveraged ETN

Frequently Asked Questions About NRGD

What are the top holdings of NRGD?

A machine-readable holdings disclosure for MicroSectors U.S. Big Oil -3 Inverse Leveraged ETN (NRGD) is not available from our data sources. Fund families sometimes register portfolio filings under a sibling share class or outside the SEC's structured datasets. Rather than estimate, we leave the section blank; the issuer's website carries the authoritative portfolio list.

What sectors does NRGD invest in?

MicroSectors U.S. Big Oil -3 Inverse Leveraged ETN (NRGD) allocates across the sectors shown above. The largest exposure tops the list; the rest follow in descending weight order.

What sector is NRGD most exposed to?

NRGD's full sector breakdown is on the Sectors tab. The largest sector weight is shown there along with the rest of the allocation.

Is NRGD a US-only fund?

The country allocation card on this page shows NRGD's geographic exposure. Funds with > 95% US weight are effectively US-only; international or global funds will show meaningful weights across multiple countries.

What does NRGD invest in?

This senior, unsecured, medium-term note, issued by Bank of Montreal, is designed to deliver returns that are three times (3x) the inverse daily performance of its underlying index, compounded on a daily basis. Investors should note that these returns are subject to deductions including a daily investor fee, any negative daily interest, and, if applicable, a redemption fee. The underlying index itself is an equally dollar-weighted benchmark composed of the ten U.S.-listed energy and oil companies with the largest market capitalization.