FLYD vs. EMIF ETF Comparison

Comparison of Bank of Montreal MicroSectors Travel -3x Inverse Leveraged ETN (FLYD) to iShares S&P Emerging Markets Infrastructure Index Fund (EMIF)

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

$29.39

Average Daily Volume

1,374

Number of Holdings ^*

7

* may have additional holdings in another (foreign) market

EMIF

iShares S&P Emerging Markets Infrastructure Index Fund

EMIF Description

The investment seeks to track the investment results of an index composed of 30 of the largest emerging market equities in the infrastructure industry. The fund generally invests at least 90% of its assets in securities of the underlying index and in depositary receipts representing securities of the underlying index. It seeks to track the investment results of the S&P Emerging Markets Infrastructure IndexTM (the "underlying index"), which is designed to track performance of 30 of the largest publicly listed companies in the infrastructure industry in emerging markets. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$22.05

Average Daily Volume

1,676

Number of Holdings ^*

9

* may have additional holdings in another (foreign) market

Performance

Period	FLYD	EMIF
30 Days	27.88%	1.28%
60 Days	16.18%	1.23%
90 Days	-7.30%	5.14%
12 Months	-56.01%	3.31%

0 Overlapping Holdings

	Symbol	Grade	Weight in FLYD	Weight in EMIF	Overlap

FLYD Overweight 7 Positions Relative to EMIF

	Symbol	Grade	Weight
	DIS	D	14.26%
	UBER	D	8.48%
	BKNG	D	8.3%
	UAL	B	4.46%
	DAL	A	4.32%
	EXPE	D	3.81%
	MAR	D	3.52%

FLYD Underweight 9 Positions Relative to EMIF

	Symbol	Grade	Weight
	PAC	A	-8.89%
	ASR	A	-7.86%
	EBR	D	-6.54%
	UGP	D	-5.57%
	SBS	C	-4.79%
	OMAB	A	-3.58%
	KEP	C	-3.5%
	CIG	B	-3.14%
	ELP	F	-1.64%

FLYD: Top Represented Industries & Keywords

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

Keywords: S&P 500 Opentravel Alliance Aviation Nasdaq 100 Online Travel Travel Travel Agency Travel Service Providers Accenture Advertising Services Air Transportation Air Transportation Services Aircraft Management Airline Airline Tickets Airport Amusement Parks Broadcast Television Car Rental Cars

EMIF: Top Represented Industries & Keywords

Industries: Airports & Air Services Utilities - Diversified Utilities - Regulated Electric Oil & Gas Refining & Marketing Utilities - Regulated Water

Keywords: Airport Electricity Natural Gas Distribution Network Fuel Services Internet Service Provider Alcohol Amines Brazil Broadband Broadband Internet Broadband Internet Access Car Rental Cemig Chaebol Chemical Chemical Industry Chemical Product Cogeneration Colíder Dam