BULZ vs. RNEW ETF Comparison

Comparison of MicroSectors FANG & Innovation 3x Leveraged ETN (BULZ) to VanEck Green Infrastructure ETF (RNEW)

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

$147.64

Average Daily Volume

133,151

Number of Holdings ^*

* may have additional holdings in another (foreign) market

RNEW

VanEck Green Infrastructure ETF

RNEW Description

The fund normally invests at least 80% of its total assets in securities of Green Infrastructure Companies. The index is a U.S. index that tracks the performance of Green Infrastructure Companies. "Green Infrastructure Companies" are companies that seek to positively impact the environment through the production, transmission, or distribution of green energy and/or through the establishment of sustainable infrastructure to facilitate the use of green energy. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$25.48

Average Daily Volume

178

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	BULZ	RNEW
30 Days	17.62%	1.68%
60 Days	8.24%	1.18%
90 Days	-8.58%	6.46%
12 Months	139.91%	7.15%

1 Overlapping Holdings

	Symbol	Grade	Weight in BULZ	Weight in RNEW	Overlap
	TSLA	C	6.67%	5.93%	5.93%

BULZ Overweight 14 Positions Relative to RNEW

Symbol	Grade	Weight
ADBE	F	6.67%
CRM	C	6.67%
QCOM	D	6.67%
MU	D	6.67%
AMZN	C	6.67%
AMD	C	6.67%
META	B	6.67%
INTC	D	6.67%
GOOGL	D	6.67%
AAPL	C	6.67%
NVDA	C	6.67%
NFLX	B	6.67%
MSFT	C	6.67%
AVGO	C	6.67%

BULZ Underweight 9 Positions Relative to RNEW

Symbol	Grade	Weight
RIVN	F	-5.88%
LNG	D	-5.74%
RSG	D	-5.46%
CLH	C	-5.45%
WM	D	-5.18%
ECL	B	-5.15%
PWR	B	-4.88%
LCID	C	-4.72%
DCI	C	-4.46%