BULZ vs. IDAT ETF Comparison

Comparison of MicroSectors FANG & Innovation 3x Leveraged ETN (BULZ) to Cloud Data Tech and Consumer ETF (IDAT)
BULZ

MicroSectors FANG & Innovation 3x Leveraged ETN

BULZ Description

BULZ provides daily 3x 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 product with 3x factor that resets daily, BULZ 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

$161.85

Average Daily Volume

95,553

Number of Holdings *

15

* may have additional holdings in another (foreign) market
IDAT

Cloud Data Tech and Consumer ETF

IDAT Description The fund will invest at least 80% of its assets in the component securities of the index and in investments that have economic characteristics that are substantially identical to the component securities of the index and may invest up to 10% of its assets in certain futures, options and swap contracts, cash and cash equivalents. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$32.13

Average Daily Volume

758

Number of Holdings *

34

* may have additional holdings in another (foreign) market
Performance
Period BULZ IDAT
30 Days 9.66% -0.63%
60 Days 20.07% 5.39%
90 Days 17.72% 3.12%
12 Months 81.85% 30.27%
5 Overlapping Holdings
Symbol Grade Weight in BULZ Weight in IDAT Overlap
AVGO D 6.67% 3.89% 3.89%
INTC C 6.67% 1.27% 1.27%
MU D 6.67% 2.8% 2.8%
NVDA B 6.67% 6.66% 6.66%
QCOM F 6.67% 2.61% 2.61%
BULZ Overweight 10 Positions Relative to IDAT
Symbol Grade Weight
MSFT D 6.67%
GOOGL C 6.67%
CRM B 6.67%
TSLA B 6.67%
AMZN C 6.67%
AMD F 6.67%
ADBE C 6.67%
AAPL C 6.67%
NFLX A 6.67%
META D 6.67%
BULZ Underweight 29 Positions Relative to IDAT
Symbol Grade Weight
ANET C -3.72%
MRVL B -3.71%
NTNX B -3.26%
PSTG D -3.22%
CIEN C -3.13%
TWLO A -2.91%
WDC D -2.79%
JNPR D -2.75%
STX C -2.58%
NET B -2.47%
DD C -2.42%
DDOG A -2.36%
NXPI D -2.26%
MTSI B -2.17%
DT D -2.04%
AMT C -1.91%
LITE B -1.84%
CCI C -1.81%
SBAC D -1.79%
SWKS F -1.74%
AKAM D -1.59%
KD B -1.49%
BDC C -1.49%
QRVO F -1.4%
CFLT B -1.28%
ESTC C -1.23%
GDS C -0.71%
TDC D -0.69%
DIOD D -0.59%
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