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MicroSectors U.S. Big Oil Index Inverse ETNs

YGRNAMEX
Financial ServicesAsset Management - Leveraged
$40.02
$-23.55(-37.05%)

MicroSectors U.S. Big Oil Index Inverse ETNs (YGRN) Stock Overview

Explore MicroSectors U.S. Big Oil Index Inverse ETNs’s financial performance, market position, analyst ratings, and future outlook.

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Company Profile

The investment seeks to reflect an inverse exposure to the performance of the Solactive MicroSectorsTM U.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 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 10 U.S. listed stocks with the largest market capitalization in the energy/oil sector.

Founded

2019

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