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NRGD MicroSectors U.S. Big Oil Index -3x Inverse Leveraged ETN
MicroSectors U.S. Big Oil Index -3x Inverse Leveraged ETN
Affiliated Markets:
ARCA
Listing Date:
--
Main Business:
The investment seeks to link to the performance of the DWA MLP Select⢠Index (the âindexâ).
The index includes 15 master limited partnerships (âMLPsâ) based on the proprietary Dorsey Wright Relative Strength Ranking Methodology. By comparing the price relationship between each MLP, the index seeks to determine which MLPs are currently showing outperformance relative to their peers within the Index universe.