FFTY vs. FNGS ETF Comparison

Comparison of Innovator IBD 50 Fund ETF (FFTY) to MicroSectors FANG ETNs due January 8, 2038 (FNGS)
FFTY

Innovator IBD 50 Fund ETF

FFTY Description

The investment seeks long-term capital appreciation. Under normal circumstances, the fund will invest at least 80% of its net assets (plus borrowings for investment purposes) in companies included in the IBD® 50 Index. It is actively managed. Under normal circumstances, the fund will invest in a portfolio of U.S.-listed, exchange-traded equities. FFTY picks 50 leading growth companies that trade on US exchanges, potentially including ADRs. After screening out securities with extreme recent price movements, the universe is ranked by a composite of 11 different fundamental and technical metrics. The top 50 stocks are weighted in tiers, with more weight given to higher-ranking companies. Components of the index are reviewed on a weekly basis. Based on market-wide technical signals, FFTY may substitute half of its equity portfolio with Treasury bills. The index will remain half equity, half T-bills until a reversal signal occurs. Its worth noting that the funds high-turnover strategy could lead to poor tracking and/or taxable capital gains payouts.

Grade (RS Rating)

Last Trade

$25.83

Average Daily Volume

73,996

Number of Holdings *

50

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

MicroSectors FANG ETNs due January 8, 2038

FNGS Description The investment seeks to link the return to the performance of the gross total return version of the NYSE® FANG+™ Index. 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. The notes are unsecured and unsubordinated obligations of Bank of Montreal. Each note will have an initial principal amount of $50.

Grade (RS Rating)

Last Trade

$41.83

Average Daily Volume

149,039

Number of Holdings *

10

* may have additional holdings in another (foreign) market
Performance
Period FFTY FNGS
30 Days -6.08% -4.10%
60 Days -7.58% -4.34%
90 Days 1.37% 5.34%
12 Months 14.46% 59.17%
1 Overlapping Holdings
Symbol Grade Weight in FFTY Weight in FNGS Overlap
GOOGL A 1.04% 8.74% 1.04%
FFTY Overweight 49 Positions Relative to FNGS
Symbol Grade Weight
WING A 3.76%
EME A 3.74%
RCL A 3.62%
PRCT A 3.58%
FIX D 3.56%
TDW B 3.52%
OSCR A 3.5%
NSSC B 3.28%
AAON A 3.19%
GCT B 3.14%
PWR A 3.11%
MMYT A 3.07%
ETN B 3.04%
LPG B 3.01%
DDOG A 3.0%
PR B 2.95%
CLSK B 2.94%
FTAI A 2.91%
HUBS B 2.82%
ACMR D 2.76%
TMDX A 2.15%
AXON B 2.1%
FCNCA A 2.09%
NTRA A 2.06%
OWL A 2.04%
IBKR A 2.02%
ARES B 1.99%
NVT B 1.98%
AXP A 1.98%
HUBB D 1.89%
GOOG A 1.04%
AVAV A 1.03%
IR B 1.02%
PHM B 1.01%
PDD A 1.0%
ITCI B 1.0%
C A 1.0%
NCLH F 0.99%
TCOM A 0.97%
TXRH A 0.52%
NVEI A 0.51%
KSPI B 0.51%
LMND A 0.5%
CTAS A 0.5%
BSX A 0.5%
POWL B 0.49%
DB B 0.49%
APO C 0.49%
WHD B 0.48%
FFTY Underweight 9 Positions Relative to FNGS
Symbol Grade Weight
META D -12.53%
TSLA C -11.71%
NVDA C -10.66%
AMD D -10.03%
NFLX D -9.65%
AAPL F -9.39%
AMZN B -9.35%
SNOW D -9.1%
MSFT C -8.84%
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