FLYD vs. BEDZ ETF Comparison

Comparison of Bank of Montreal MicroSectors Travel -3x Inverse Leveraged ETN (FLYD) to AdvisorShares Hotel ETF (BEDZ)

FLYD

Bank of Montreal MicroSectors Travel -3x Inverse Leveraged ETN

FLYD Description

The index is a net total return index that tracks the stock prices of U.S. listed securities thatare materially engaged in specified segments of the travel industry.

Grade (RS Rating)

Last Trade

$28.01

Average Daily Volume

1,245

Number of Holdings ^*

* may have additional holdings in another (foreign) market

BEDZ

AdvisorShares Hotel ETF

BEDZ Description

The investment seeks long-term capital appreciation. The fund is an actively ETF that seeks to achieve its investment objective by investing, under normal circumstances, at least 80% of its net assets (plus any borrowings for investment purposes) in securities of companies that derive at least 50% of their net revenue from the hotel business. It may also invest in companies involved in other lodging and travel-related services. The fund invests primarily in U.S. exchange listed equity securities, including common and preferred stock and ?ADRs. It is non-diversified.

Grade (RS Rating)

Last Trade

$28.27

Average Daily Volume

287

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	FLYD	BEDZ
30 Days	4.19%	-2.52%
60 Days	3.94%	-2.39%
90 Days	3.36%	1.39%
12 Months	-61.20%	19.40%

3 Overlapping Holdings

Symbol	Grade	Weight in FLYD	Weight in BEDZ	Overlap
BKNG	B	8.3%	4.85%	4.85%
EXPE	F	3.81%	5.04%	3.81%
MAR	D	3.52%	4.66%	3.52%

FLYD Overweight 4 Positions Relative to BEDZ

Symbol	Grade	Weight
DIS	D	14.26%
UBER	D	8.48%
UAL	B	4.46%
DAL	B	4.32%

FLYD Underweight 24 Positions Relative to BEDZ

Symbol	Grade	Weight
XHR	C	-5.03%
TCOM	A	-4.78%
TH	C	-4.65%
PK	D	-4.56%
RHP	D	-4.52%
TRIP	F	-4.47%
HST	D	-4.43%
APLE	F	-4.43%
MGM	F	-4.01%
VICI	B	-3.99%
BYD	F	-3.86%
HLT	D	-3.78%
RLJ	F	-3.61%
WH	F	-3.56%
PLYA	D	-3.49%
RCL	B	-3.28%
GLPI	D	-3.1%
H	D	-2.43%
IHG	D	-2.23%
HGV	D	-2.17%
ABNB	D	-1.81%
GHG	D	-1.8%
HTHT	C	-1.71%
MCRI	D	-1.49%

FLYD: Top Represented Industries & Keywords

Industries: Airlines Leisure Lodging Media - Diversified Software - Application Travel Services

BEDZ: Top Represented Industries & Keywords

Industries: Lodging REIT - Hotel & Motel Resorts & Casinos Leisure REIT - Diversified Conglomerates Internet Content & Information Travel Services