BUG vs. FNGS ETF Comparison

Comparison of Global X Cybersecurity ETF (BUG) to MicroSectors FANG ETNs due January 8, 2038 (FNGS)

BUG

Global X Cybersecurity ETF

BUG Description

The Global X Cybersecurity ETF (BUG) seeks to invest in companies that stand to potentially benefit from the increased adoption of cybersecurity technology, such as those whose principal business is in the development and management of security protocols preventing intrusion and attacks to systems, networks, applications, computers, and mobile devices.

Grade (RS Rating)

Last Trade

$33.36

Average Daily Volume

125,363

Number of Holdings ^*

17

* 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

$53.53

Average Daily Volume

148,265

Number of Holdings ^*

10

* may have additional holdings in another (foreign) market

Performance

Period	BUG	FNGS
30 Days	5.37%	3.60%
60 Days	9.13%	8.16%
90 Days	7.34%	10.26%
12 Months	28.99%	48.74%

1 Overlapping Holdings

	Symbol	Grade	Weight in BUG	Weight in FNGS	Overlap
	CRWD	B	6.34%	10.78%	6.34%

BUG Overweight 16 Positions Relative to FNGS

	Symbol	Grade	Weight
	FTNT	C	6.79%
	ZS	B	6.07%
	PANW	B	6.07%
	GEN	B	5.73%
	CHKP	C	5.66%
	QLYS	B	5.37%
	ATEN	A	4.67%
	OKTA	C	4.5%
	CYBR	A	4.39%
	OSPN	A	4.35%
	S	B	4.34%
	TENB	C	4.31%
	VRNS	D	4.29%
	RPD	B	4.22%
	RDWR	B	4.07%
	TLS	D	3.14%

BUG Underweight 9 Positions Relative to FNGS

	Symbol	Grade	Weight
	AVGO	D	-10.17%
	NOW	A	-10.11%
	META	D	-10.02%
	AAPL	C	-9.93%
	AMZN	C	-9.87%
	NVDA	B	-9.83%
	GOOGL	C	-9.83%
	NFLX	A	-9.75%
	MSFT	D	-9.7%

BUG: Top Represented Industries & Keywords

Industries: Software - Infrastructure Software - Application Communication Equipment Information Technology Services Telecom Services

Keywords: Cybersecurity Computer Security Computing Nasdaq 100 Security Solution Computer Network Security VPN Cyberwarfare Firewall Firewall Software S&P 500 Work From Home Antivirus Software Cloud Computing Content Control Software Cryptography Cybersecurity Solutions Malware Mobile Devices Software As A Service

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