FNGS vs. IXP ETF Comparison
Comparison of MicroSectors FANG ETNs due January 8, 2038 (FNGS) to iShares Global Telecom ETF (IXP)
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
$45.79
Average Daily Volume
145,854
10
IXP
iShares Global Telecom ETF
IXP Description
The investment seeks to track the investment results of an index composed of global 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 S&P Global 1200 Telecommunications Sector IndexTM, which measures the performance of companies that S&P Dow Jones Indices LLC ("S&P"), deems to be part of the telecommunications sector of the economy and that S&P believes are important to global markets. The fund is non-diversified.Grade (RS Rating)
Last Trade
$86.69
Average Daily Volume
19,658
25
Performance
Period | FNGS | IXP |
---|---|---|
30 Days | 9.86% | 3.06% |
60 Days | 4.40% | 3.05% |
90 Days | 5.60% | 5.59% |
12 Months | 52.89% | 33.34% |
FNGS Underweight 22 Positions Relative to IXP
Symbol | Grade | Weight | |
---|---|---|---|
GOOG | B | -12.65% | |
VZ | C | -4.04% | |
DIS | D | -3.92% | |
CMCSA | D | -3.72% | |
T | B | -2.95% | |
TMUS | B | -2.04% | |
EA | F | -0.75% | |
BIDU | C | -0.75% | |
CHTR | F | -0.65% | |
TTWO | D | -0.55% | |
OMC | A | -0.46% | |
WBD | F | -0.43% | |
CHT | D | -0.35% | |
LYV | D | -0.33% | |
IPG | D | -0.29% | |
NWSA | D | -0.24% | |
MTCH | F | -0.2% | |
FOXA | B | -0.19% | |
PARA | C | -0.14% | |
FOX | B | -0.09% | |
VIV | F | -0.08% | |
NWS | D | -0.07% |
FNGS: Top Represented Industries & Keywords
IXP: Top Represented Industries & Keywords