AAPX vs. FNGS ETF Comparison

Comparison of T-Rex 2X Long Apple Daily Target ETF (AAPX) to MicroSectors FANG ETNs due January 8, 2038 (FNGS)

AAPX

T-Rex 2X Long Apple Daily Target ETF

AAPX Description

The fund, under normal circumstances, invests in swap agreements that provide 200% daily exposure to AAPL equal to at least 80% of its net assets (plus any borrowings for investment purposes). It will enter into one or more swap agreements with major global financial institutions whereby the fund and the global financial institution will agree to exchange the return earned on an investment by the fund in AAPL that is equal, on a daily basis, to 200% of the value of the fund"s net assets. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$33.15

Average Daily Volume

6,262

Number of Holdings ^*

1

* may have additional holdings in another (foreign) market

FNGS

MicroSectors FANG ETNs due January 8, 2038

FNGS Description

The investment seeks to link the return to the performance of the gross total return version of the NYSE® FANG+™ Index. The index is an equal-dollar weighted index designed to represent a segment of the technology and consumer discretionary sectors consisting of highly-traded growth stocks of technology and tech-enabled companies. The notes are unsecured and unsubordinated obligations of Bank of Montreal. Each note will have an initial principal amount of $50.

Grade (RS Rating)

Last Trade

$53.58

Average Daily Volume

148,076

Number of Holdings ^*

10

* may have additional holdings in another (foreign) market

Performance

Period	AAPX	FNGS
30 Days	-6.83%	4.27%
60 Days	-2.01%	8.47%
90 Days	0.34%	11.58%
12 Months		49.69%

1 Overlapping Holdings

	Symbol	Grade	Weight in AAPX	Weight in FNGS	Overlap
	AAPL	C	83.51%	9.93%	9.93%

AAPX Overweight 0 Positions Relative to FNGS

	Symbol	Grade	Weight

AAPX Underweight 9 Positions Relative to FNGS

	Symbol	Grade	Weight
	CRWD	B	-10.78%
	AVGO	D	-10.17%
	NOW	B	-10.11%
	META	C	-10.02%
	AMZN	B	-9.87%
	NVDA	A	-9.83%
	GOOGL	B	-9.83%
	NFLX	A	-9.75%
	MSFT	D	-9.7%

AAPX: Top Represented Industries & Keywords

Industries: Consumer Electronics

Keywords: Cellular Network Computing Dow Jones Component Laptop Computer Nasdaq 100 Operating System S&P 500 Smartphones Streaming Services Subscription Services Tablet Computers

FNGS: Top Represented Industries & Keywords

Industries: Internet Content & Information Semiconductors Software - Infrastructure Consumer Electronics Media - Diversified Software - Application Specialty Retail

Keywords: S&P 500 Nasdaq 100 Computing Work From Home Dow Jones Component Hyperscale Mobile Devices Smartphones IBD 50 Operating System Software Consumer Electronics Deep Learning Fabless Semiconductor Companies Laptop Computer Online Retail Search Engine Software Development Streaming Services Subscription Services