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

Number of Holdings *

10

* may have additional holdings in another (foreign) market
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

Number of Holdings *

25

* may have additional holdings in another (foreign) market
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%
3 Overlapping Holdings
Symbol Grade Weight in FNGS Weight in IXP Overlap
GOOGL B 8.74% 15.0% 8.74%
META D 12.53% 19.92% 12.53%
NFLX C 9.65% 4.27% 4.27%
FNGS Overweight 7 Positions Relative to IXP
Symbol Grade Weight
TSLA D 11.71%
NVDA B 10.66%
AMD D 10.03%
AAPL B 9.39%
AMZN B 9.35%
SNOW F 9.1%
MSFT C 8.84%
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%
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