BERZ vs. CHPS ETF Comparison

Comparison of MicroSectors FANG & Innovation -3x Inverse Leveraged ETN (BERZ) to Xtrackers Semiconductor Select Equity ETF (CHPS)

BERZ

MicroSectors FANG & Innovation -3x Inverse Leveraged ETN

BERZ Description

BERZ provides daily -3x inverse exposure to an index of FANG and technology companies that meet certain requirements. The fund will consistently comprise eight core components (Alphabet, Amazon, Apple, Facebook, Microsoft, Netflix, NVIDIA, and Tesla) and include seven companies determined through a selection methodology. Eligible securities must be listed on a US exchange, classified in the technology sector, and have a market cap of at least 10 billion USD. Selection will begin with ranking the securities by market cap and selecting the 30 largest companies which will then be sorted by 12-month average daily value traded. The top seven stocks will complete the index along with the eight core components and are then equally weighted. The index is rebalanced monthly and reconstituted quarterly. As a leveraged inverse product with -3x factor that resets daily, BERZ is not a buy-and-hold investment and should not be expected to provide index leverage return greater than a one day period.

Grade (RS Rating)

Last Trade

$27.76

Average Daily Volume

85,622

Number of Holdings ^*

15

* may have additional holdings in another (foreign) market

CHPS

Xtrackers Semiconductor Select Equity ETF

CHPS Description

The fund, using a "passive" or indexing investment approach, seeks investment results that correspond generally to the performance, before fees and expenses, of the underlying index, which is comprised of companies that have business operations in the semiconductor industry and that fulfill certain sustainability criteria. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$32.34

Average Daily Volume

1,930

Number of Holdings ^*

7

* may have additional holdings in another (foreign) market

Performance

Period	BERZ	CHPS
30 Days	5.00%	-3.14%
60 Days	2.21%	-2.94%
90 Days	-2.46%	5.17%
12 Months	-80.21%

5 Overlapping Holdings

	Symbol	Grade	Weight in BERZ	Weight in CHPS	Overlap
	AMD	D	6.67%	4.2%	4.2%
	AVGO	C	6.67%	4.74%	4.74%
	MU	B	6.67%	5.28%	5.28%
	NVDA	B	6.67%	6.27%	6.27%
	QCOM	B	6.67%	4.69%	4.69%

BERZ Overweight 10 Positions Relative to CHPS

	Symbol	Grade	Weight
	ADBE	D	6.67%
	TSLA	D	6.67%
	META	D	6.67%
	INTC	F	6.67%
	GOOGL	B	6.67%
	CRM	D	6.67%
	AMZN	A	6.67%
	AAPL	B	6.67%
	NFLX	C	6.67%
	MSFT	C	6.67%

BERZ Underweight 2 Positions Relative to CHPS

	Symbol	Grade	Weight
	AMAT	C	-5.22%
	LRCX	D	-4.7%

BERZ: Top Represented Industries & Keywords

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

Keywords: S&P 500 Nasdaq 100 Computing Dow Jones Component Mobile Devices Work From Home Hyperscale Smartphones Software Consumer Electronics Design Manufacturers Fabless Semiconductor Companies Laptop Computer Operating System Wireless Communication Artificial Intelligence Baseband Baseband Processor CRM Cellular Telephone

CHPS: Top Represented Industries & Keywords

Industries: Semiconductors Semiconductor Equipment & Materials Semiconductor Memory

Keywords: Nasdaq 100 S&P 500 Semiconductor Fabless Semiconductor Companies Integrated Circuits Semiconductor Devices Smartphones Wireless Communication Artificial Intelligence CMOS Chemical Vapor Deposition Computer Architecture Computing Consumer Devices Consumer Electronics Deep Learning Design Manufacturers Image Sensor Mobile Devices Photolithography