CLOU vs. FNGO ETF Comparison

Comparison of Global X Cloud Computing ETF (CLOU) to MicroSectors FANG Index 2X Leveraged ETNs due January 8, 2038 (FNGO)
CLOU

Global X Cloud Computing ETF

CLOU Description

The investment seeks to provide investment results that correspond generally to the price and yield performance, before fees and expenses, of the Indxx Global Cloud Computing Index. The fund invests at least 80% of its total assets in the securities of the underlying index and in American Depositary Receipts ("ADRs") and Global Depositary Receipts ("GDRs") based on the securities in the underlying index. The underlying index is designed to provide exposure to exchange-listed companies that are positioned to benefit from the increased adoption of cloud computing technology. It is non-diversified.

Grade (RS Rating)

Last Trade

$24.13

Average Daily Volume

181,608

Number of Holdings *

35

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

MicroSectors FANG Index 2X Leveraged ETNs due January 8, 2038

FNGO Description The investment seeks to approximate the returns that might be available to investors through a leveraged ¿long¿ investment in the NYSE FANG+¿ Index (the index). The notes are senior unsecured medium-term notes issued by Bank of Montreal with a return linked to a 2X leveraged participation in the performance of the index, compounded daily, less a Daily Investor Fee, the Daily Financing Charge and, if applicable, the Redemption Fee Amount. 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.

Grade (RS Rating)

Last Trade

$82.89

Average Daily Volume

20,243

Number of Holdings *

10

* may have additional holdings in another (foreign) market
Performance
Period CLOU FNGO
30 Days 16.01% 6.49%
60 Days 18.69% 15.17%
90 Days 19.69% 18.35%
12 Months 19.34% 97.45%
4 Overlapping Holdings
Symbol Grade Weight in CLOU Weight in FNGO Overlap
AMZN C 1.98% 9.87% 1.98%
GOOGL C 1.51% 9.83% 1.51%
MSFT D 1.84% 9.7% 1.84%
NOW A 3.97% 10.11% 3.97%
CLOU Overweight 31 Positions Relative to FNGO
Symbol Grade Weight
SHOP B 4.93%
QLYS B 4.59%
HUBS A 4.47%
TWLO A 4.23%
CRM B 4.14%
ZM C 4.09%
WDAY B 4.09%
ZS B 4.09%
WIX A 4.0%
SPSC D 4.0%
SNOW B 3.87%
PAYC B 3.87%
PCOR B 3.83%
WK B 3.83%
DBX B 3.82%
BOX B 3.81%
DLR B 3.59%
AKAM D 3.16%
FRSH B 2.97%
DOCN C 2.85%
AI B 2.77%
FIVN D 2.37%
VMEO B 0.85%
YEXT B 0.82%
HSTM B 0.8%
FSLY D 0.79%
VNET B 0.72%
PUBM C 0.54%
KC B 0.39%
BABA D 0.31%
IBM C 0.28%
CLOU Underweight 6 Positions Relative to FNGO
Symbol Grade Weight
CRWD B -10.78%
AVGO D -10.17%
META D -10.02%
AAPL C -9.93%
NVDA B -9.83%
NFLX A -9.75%
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