NYSE ARCA | ETF
The investment seeks to reflect a 2x inverse leveraged exposure to the performance of the Solactive MicroSectorsTMU. 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 two times leveraged participation in the inverse performance of the index, compounded daily, less a Daily Investor Fee, any negative Daily Interest and, if applicable, the Redemption Fee Amount.
The index is an equal-dollar weighted index designed to represent the 10U. S. listed stocks with the largest market capitalization in the energy/oil sector.
Top 10 Holdings
| Asset | Name | Sector | Industry | Weight |
|---|---|---|---|---|
| COP | ConocoPhillips | Energy | Oil & Gas E&P | 10.00% |
| CVX | Chevron Corp | Energy | Oil & Gas Integrated | 10.00% |
| EOG | EOG Resources Inc | Energy | Oil & Gas E&P | 10.00% |
| HES | Hess Corporation | Energy | Oil & Gas E&P | 10.00% |
| XOM | Exxon Mobil Corp | Energy | Oil & Gas Integrated | 10.00% |
| OXY | Occidental Petroleum Corporation | Energy | Oil & Gas E&P | 10.00% |
| PSX | Phillips 66 | Energy | Oil & Gas Refining & Marketing | 10.00% |
| PXD | Pioneer Natural Resources Co | Energy | Oil & Gas E&P | 10.00% |
| VLO | Valero Energy Corporation | Energy | Oil & Gas Refining & Marketing | 10.00% |
| MPC | Marathon Petroleum Corp | Energy | Oil & Gas Refining & Marketing | 10.00% |