DULL vs. MAMB ETF Comparison

Comparison of Bank Of Montreal MicroSectors Gold -3X Inverse Leveraged ETNs due January 29, 2043 (DULL) to Monarch Ambassador Income ETF (MAMB)

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

$8.24

Average Daily Volume

23,096

Number of Holdings ^*

1

* may have additional holdings in another (foreign) market

MAMB

Monarch Ambassador Income ETF

MAMB Description

The investment seeks to replicate investment results that generally correspond, before fees and expenses, to the performance of the Kingsview Ambassador Income Index. The fund generally invests at least 80% of its total assets in the constituents of the index. The index is designed to measure the performance of an investable universe of fixed income securities of varying credit quality and duration, including corporate bonds, lower-quality bonds, known as "high yield" or "junk" bonds, treasury bonds, municipal bonds, mortgage backed securities and convertible bonds, that provide broad exposure to the U.S. and global bond market.

Grade (RS Rating)

Last Trade

$22.53

Average Daily Volume

23,593

Number of Holdings ^*

5

* may have additional holdings in another (foreign) market

Performance

Period	DULL	MAMB
30 Days	7.67%	-1.27%
60 Days	-5.98%	-3.96%
90 Days	-17.22%	-2.64%
12 Months	-58.69%	5.60%

0 Overlapping Holdings

	Symbol	Grade	Weight in DULL	Weight in MAMB	Overlap

DULL Overweight 1 Positions Relative to MAMB

	Symbol	Grade	Weight
	GLD	C	100.0%

DULL Underweight 5 Positions Relative to MAMB

	Symbol	Grade	Weight
	IEF	F	-19.99%
	BAB	C	-12.59%
	MBB	D	-12.56%
	IAU	C	-11.81%
	SHY	D	-5.04%

DULL: Top Represented Industries & Keywords

Industries:

Keywords: Bullion ETF Equity Exchange Traded Fund Gold Precious Metals

MAMB: Top Represented Industries & Keywords

Industries:

Keywords: ETF Exchange Traded Fund Bloomberg Barclays Us Aggregate Bond Index Bond Bond Market Government Bonds U.S. Government U.S. Treasury Build America Bonds Bullion Commodity Pool Fannie Mae Federal Home Loan Mortgage Corporation Federal National Mortgage Association Freddie Mac Government National Mortgage Association Investment Company Act Ishares Mortgage Backed Security Mortgage Loan