DULL vs. GII ETF Comparison

Comparison of Bank Of Montreal MicroSectors Gold -3X Inverse Leveraged ETNs due January 29, 2043 (DULL) to SPDR S&P Global Infrastructure ETF (GII)

DULL

Bank Of Montreal MicroSectors Gold -3X Inverse Leveraged ETNs due January 29, 2043

DULL Description

The notes are designed to reflect a 3x leveraged inverse exposure to the inverse performance of the ETF on a daily basis. The notes are riskier than securities that have intermediate- or long-term investment objectives, and may not be suitable for investors who plan to hold them for a period other than one day or who have a "buy and hold" strategy.

Grade (RS Rating)

Last Trade

$13.08

Average Daily Volume

2,886

Number of Holdings ^*

* may have additional holdings in another (foreign) market

GII

SPDR S&P Global Infrastructure ETF

GII Description

The investment seeks investment results that, before fees and expenses, correspond generally to the total return performance of an index. The fund employs a sampling strategy in seeking to track the performance of the Macquarie Global Infrastructure 100 Index. It invests substantially all, but at least 80%, of its total assets in the securities comprising the index or in ADRs or GDRs based on securities comprising the index. The index is a float-adjusted market capitalization weighted index calculated by FTSE that is designed to measure the stock performance of companies within the infrastructure industry. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$54.98

Average Daily Volume

20,077

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	DULL	GII
30 Days	-0.82%	1.77%
60 Days	-22.11%	5.92%
90 Days	-30.29%	6.43%
12 Months	-26.23%	3.47%

0 Overlapping Holdings

	Symbol	Grade	Weight in DULL	Weight in GII	Overlap

DULL Overweight 10 Positions Relative to GII

Symbol	Grade	Weight
WPM	B	11.85%
PAAS	B	5.16%
CDE	B	5.05%
HL	B	4.81%
AGI	B	4.45%
SSRM	D	4.32%
MAG	B	2.88%
SVM	B	1.62%
MUX	B	1.57%
EXK	B	1.03%

DULL Underweight 32 Positions Relative to GII

Symbol	Grade	Weight
NEE	B	-5.33%
PAC	A	-3.4%
SO	A	-3.27%
ASR	B	-3.07%
DUK	A	-3.07%
WMB	B	-2.59%
OKE	C	-2.57%
CEG	A	-2.43%
LNG	D	-2.09%
KMI	A	-1.95%
AEP	A	-1.84%
SRE	B	-1.83%
D	A	-1.73%
EXC	C	-1.51%
PCG	A	-1.49%
OMAB	B	-1.44%
TRGP	B	-1.42%
PEG	A	-1.38%
ED	A	-1.31%
XEL	C	-1.21%
EIX	A	-1.1%
WEC	B	-1.05%
AWK	B	-0.96%
ETRN	A	-0.33%
DTM	B	-0.33%
EBR	D	-0.31%
AM	A	-0.26%
CAAP	A	-0.23%
SBS	B	-0.22%
UGP	D	-0.2%
CIG	A	-0.15%
ELP	D	-0.08%

DULL: Top Represented Industries & Keywords

Industries: Silver Gold Industrial Metals & Minerals