FLYD vs. IYZ ETF Comparison

Comparison of Bank of Montreal MicroSectors Travel -3x Inverse Leveraged ETN (FLYD) to iShares U.S. Telecommunications ETF (IYZ)

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

$27.84

Average Daily Volume

1,338

Number of Holdings ^*

7

* may have additional holdings in another (foreign) market

IYZ

iShares U.S. Telecommunications ETF

IYZ Description

The investment seeks to track the investment results of an index composed of U.S. equities in the telecommunications sector. 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 Dow Jones U.S. Select Telecommunications Index (the "underlying index"), which measures the performance of the telecommunications sector of the U.S. equity market. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$20.89

Average Daily Volume

535,576

Number of Holdings ^*

19

* may have additional holdings in another (foreign) market

Performance

Period	FLYD	IYZ
30 Days	14.01%	-3.38%
60 Days	7.90%	-4.45%
90 Days	-12.18%	-9.43%
12 Months	-61.17%	-0.49%

0 Overlapping Holdings

	Symbol	Grade	Weight in FLYD	Weight in IYZ	Overlap

FLYD Overweight 7 Positions Relative to IYZ

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

FLYD Underweight 19 Positions Relative to IYZ

	Symbol	Grade	Weight
	CSCO	F	-16.96%
	VZ	D	-14.99%
	CMCSA	F	-13.56%
	T	C	-4.71%
	TMUS	A	-4.32%
	MSI	A	-4.19%
	IRDM	C	-3.99%
	ANET	D	-3.89%
	CHTR	F	-3.62%
	FYBR	C	-3.57%
	JNPR	D	-3.49%
	UI	F	-3.45%
	ROKU	F	-3.42%
	CABO	F	-3.29%
	LITE	D	-3.2%
	VSAT	F	-3.15%
	LBRDK	F	-2.88%
	CIEN	D	-2.78%
	LBRDA	F	-0.41%

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

IYZ: Top Represented Industries & Keywords

Industries: Communication Equipment Telecom Services Pay TV Computer Systems

Keywords: Broadband Telecommunications S&P 500 Internet Access Computer Network Ethernet Computer Networking High Speed Internet Nasdaq 100 Network Infrastructure Voice Services Backhaul Computing Information And Communications Technology Modem Video Services Voice And Data Wi-Fi Wireless Voice At&T Broadband