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 |
|---|---|---|---|---|
| MPC | Marathon Petroleum Corp | Energy | Oil & Gas Refining & Marketing | 10.42% |
| VLO | Valero Energy Corporation | Energy | Oil & Gas Refining & Marketing | 10.22% |
| EOG | EOG Resources Inc | Energy | Oil & Gas E&P | 10.17% |
| OXY | Occidental Petroleum Corporation | Energy | Oil & Gas E&P | 10.09% |
| COP | ConocoPhillips | Energy | Oil & Gas E&P | 10.06% |
| HES | Hess Corporation | Energy | Oil & Gas E&P | 10.06% |
| PSX | Phillips 66 | Energy | Oil & Gas Refining & Marketing | 10.03% |
| PXD | Pioneer Natural Resources Co | Energy | Oil & Gas E&P | 10.00% |
| FANG | Diamondback Energy Inc | Energy | Oil & Gas E&P | 9.93% |
| CVX | Chevron Corp | Energy | Oil & Gas Integrated | 9.79% |
| XOM | Exxon Mobil Corp | Energy | Oil & Gas Integrated | 9.71% |
| DVN | Devon Energy Corporation | Energy | Oil & Gas E&P | 9.59% |