NYSE ARCA | ETF
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).
Top 12 Holdings
| Asset | Name | Sector | Industry | Weight |
|---|---|---|---|---|
| PSX | Phillips 66 | Energy | Oil & Gas Refining & Marketing | 10.71% |
| MPC | Marathon Petroleum Corp | Energy | Oil & Gas Refining & Marketing | 10.55% |
| VLO | Valero Energy Corporation | Energy | Oil & Gas Refining & Marketing | 10.49% |
| CVX | Chevron Corp | Energy | Oil & Gas Integrated | 10.12% |
| HES | Hess Corporation | Energy | Oil & Gas E&P | 10.06% |
| EOG | EOG Resources Inc | Energy | Oil & Gas E&P | 10.05% |
| PXD | Pioneer Natural Resources Co | Energy | Oil & Gas E&P | 10.00% |
| COP | ConocoPhillips | Energy | Oil & Gas E&P | 9.79% |
| OXY | Occidental Petroleum Corporation | Energy | Oil & Gas E&P | 9.77% |
| XOM | Exxon Mobil Corp | Energy | Oil & Gas Integrated | 9.71% |
| FANG | Diamondback Energy Inc | Energy | Oil & Gas E&P | 9.68% |
| DVN | Devon Energy Corporation | Energy | Oil & Gas E&P | 9.15% |