FNGD vs. SPRX ETF Comparison
Comparison of BMO REX MicroSectors FANG Index -3X Inverse Leveraged Exchange Traded Notes (FNGD) to Spear Alpha ETF (SPRX)
FNGD
BMO REX MicroSectors FANG Index -3X Inverse Leveraged Exchange Traded Notes
FNGD Description
The investment seeks return linked to a three times inverse leveraged participation in the daily performance of the NYSE Fang+™ Index, total return (the “index”). The notes are intended to be daily trading tools for sophisticated investors to manage daily trading risks as part of an overall diversified portfolio. 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.
Grade (RS Rating)
Last Trade
$35.74
Average Daily Volume
1,356,327
10
SPRX
Spear Alpha ETF
SPRX Description
SPRX invests in companies that are poised to benefit from breakthrough trends in industrial technology. The fund’s objective is to find underappreciated opportunities across different industrial supply chains that are beneficiaries of the secular themes discussed below: Environmental Focus and Decarbonization Manufacturing Digitalization Automation & Robotics Photonics and Additive Manufacturing Space Exploration Artificial Intelligence (AI) SPRX is an actively managed ETF that seeks long-term capital growth by investing in US listed securities (including American depositary receipts "ADRs") of industrial and technology companies relevant to the Fund’s investment themes and the ecosystem around them. SPRX invests in both “growth”, defined as companies with high and underappreciated growth prospects, and “value”, defined as opportunities that are undervalued based on an assessment of the underlying fundamentals.Grade (RS Rating)
Last Trade
$22.30
Average Daily Volume
98,694
25
Performance
| Period | FNGD | SPRX |
|---|---|---|
| 30 Days | 2.42% | -4.62% |
| 60 Days | 5.19% | -11.32% |
| 90 Days | -11.03% | -7.15% |
| 12 Months | -81.15% | 65.87% |
FNGD Underweight 22 Positions Relative to SPRX
| Symbol | Grade | Weight | |
|---|---|---|---|
| ZS | D | -9.69% | |
| S | C | -6.06% | |
| MRVL | C | -4.9% | |
| CFLT | F | -4.82% | |
| CRWD | C | -4.7% | |
| CEG | A | -4.57% | |
| FCX | B | -4.56% | |
| HUBS | D | -4.39% | |
| NRG | A | -4.28% | |
| SHOP | C | -4.19% | |
| NET | C | -3.88% | |
| DDOG | B | -3.29% | |
| ALB | D | -2.77% | |
| RIVN | F | -2.34% | |
| GTLB | D | -2.21% | |
| NVT | B | -1.18% | |
| ANET | C | -1.06% | |
| U | F | -0.86% | |
| PH | B | -0.32% | |
| PANW | B | -0.0% | |
| RIO | A | -0.0% | |
| ROK | F | -0.0% |
FNGD: Top Represented Industries & Keywords
SPRX: Top Represented Industries & Keywords
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