MicroSectors U.S. Big Oil -3x Inverse Leveraged ETNs (NRGD)

MicroSectors U.S. Big Oil -3x Inverse Leveraged ETNs (NRGD) is an exchange-traded fund in the Trading Inverse Equity category. It has $14.73M in assets, an expense ratio of 0.35% and a 0.00% dividend yield. The ETNs 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, minus the Daily Investor Fee and, if applicable, the Redemption Fee Amount plus the Daily Interest (which could be negative).