BITS vs. BNKD ETF Comparison

Comparison of Global X Blockchain & Bitcoin Strategy ETF (BITS) to MicroSectors U.S. Big Banks Index -3X Inverse Leveraged ETNs (BNKD)

BITS

Global X Blockchain & Bitcoin Strategy ETF

BITS Description

Global X Funds - Global X Blockchain & Bitcoin Strategy ETF is an exchange traded fund launched and managed by Global X Management Company LLC. The fund invests in public equity and currency markets of the United States. For its equity portion, it invests directly and through other funds in stocks of companies operating across blockchain companies including digital asset mining, blockchain and digital asset transactions, blockchain applications, blockchain and digital asset hardware, and blockchain and digital asset integration sectors. The fund invests in growth and value stocks of companies across diversified market capitalization. For its currency portion, it invests through derivatives in Bitcoin. The fund uses derivatives such as futures contracts to invest in Bitcoin through a wholly-owned subsidiary organized in the Cayman Islands. Global X Funds - Global X Blockchain & Bitcoin Strategy ETF is domiciled in the United States.

Grade (RS Rating)

Last Trade

$61.77

Average Daily Volume

10,864

Number of Holdings ^*

* may have additional holdings in another (foreign) market

BNKD

MicroSectors U.S. Big Banks Index -3X Inverse Leveraged ETNs

BNKD Description

The investment seeks to provide a leveraged inverse return based on the performance of the Solactive MicroSectorsTM U.S. Big Banks Index. The notes are senior unsecured medium-term notes issued by Bank of Montreal with a return linked to a three 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 10 U.S. stocks with the largest market capitalization in the banking sector.

Grade (RS Rating)

Last Trade

$22.83

Average Daily Volume

82,816

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	BITS	BNKD
30 Days	-7.07%	-4.48%
60 Days	-10.94%	-17.13%
90 Days	33.01%	-28.32%
12 Months	107.40%	-72.53%

0 Overlapping Holdings

	Symbol	Grade	Weight in BITS	Weight in BNKD	Overlap

BITS Overweight 2 Positions Relative to BNKD

	Symbol	Grade	Weight
	BKCH	D	50.93%
	CLIP	A	27.71%

BITS Underweight 10 Positions Relative to BNKD

Symbol	Grade	Weight
WFC	B	-10.0%
USB	C	-10.0%
TFC	A	-10.0%
SCHW	A	-10.0%
PNC	A	-10.0%
MS	A	-10.0%
JPM	B	-10.0%
GS	A	-10.0%
C	A	-10.0%
BAC	B	-10.0%

BITS: Top Represented Industries & Keywords

Industries:

Keywords: American Depositary Receipt Betashares Cloud Technologies Depositary Receipt Exchange Traded Fund Exchange Traded Funds Mortgage Backed Security Securitization Stock Fund U.S. Treasury Wagering

BNKD: Top Represented Industries & Keywords

Industries: Banks - Global Banks - Regional - US Capital Markets