BULZ vs. IGPT ETF Comparison

Comparison of MicroSectors FANG & Innovation 3x Leveraged ETN (BULZ) to Invesco AI and Next Gen Software ETF (IGPT)

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

$156.00

Average Daily Volume

140,095

Number of Holdings ^*

15

* may have additional holdings in another (foreign) market

IGPT

Invesco AI and Next Gen Software ETF

IGPT Description

The fund generally will invest at least 90% of its total assets in the securities that comprise the underlying index. The underlying index is composed of securities of companies with significant exposure to technologies or products that contribute to future software development through direct revenue. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$47.42

Average Daily Volume

72,859

Number of Holdings ^*

9

* may have additional holdings in another (foreign) market

Performance

Period	BULZ	IGPT
30 Days	13.45%	3.40%
60 Days	34.03%	10.36%
90 Days	12.13%	4.70%
12 Months	136.61%

8 Overlapping Holdings

	Symbol	Grade	Weight in BULZ	Weight in IGPT	Overlap
	ADBE	C	6.67%	6.44%	6.44%
	AMD	B	6.67%	6.54%	6.54%
	GOOGL	A	6.67%	10.62%	6.67%
	INTC	F	6.67%	3.11%	3.11%
	META	B	6.67%	7.54%	6.67%
	MU	C	6.67%	4.6%	4.6%
	NVDA	C	6.67%	9.79%	6.67%
	QCOM	C	6.67%	5.41%	5.41%

BULZ Overweight 7 Positions Relative to IGPT

	Symbol	Grade	Weight
	TSLA	C	6.67%
	CRM	D	6.67%
	AMZN	B	6.67%
	AAPL	B	6.67%
	NFLX	B	6.67%
	MSFT	A	6.67%
	AVGO	C	6.67%

BULZ Underweight 1 Positions Relative to IGPT

	Symbol	Grade	Weight
	ISRG	A	-4.72%

BULZ: 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 IBD 50 Laptop Computer Operating System Wireless Communication Artificial Intelligence Baseband Baseband Processor CRM

IGPT: Top Represented Industries & Keywords

Industries: Semiconductors Internet Content & Information Medical Instruments & Supplies Semiconductor Memory Software - Application

Keywords: Nasdaq 100 S&P 500 Computing Mobile Devices Design Manufacturers Software Artificial Intelligence Baseband Baseband Processor Camera Cellular Telephone Computer Architecture Consumer Devices Consumer Electronics Deep Learning E Commerce Fabless Semiconductor Companies Flash Flash Memory Flash Memory Products