FNGS vs. KQQQ ETF Comparison

Comparison of MicroSectors FANG ETNs due January 8, 2038 (FNGS) to Kurv Technology Titans Select ETF (KQQQ)

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

$54.00

Average Daily Volume

164,321

Number of Holdings ^*

* may have additional holdings in another (foreign) market

KQQQ

Kurv Technology Titans Select ETF

KQQQ Description

The fund is an actively managed exchange-traded fund ("ETF") that primarily invests its assets in the shares of other ETFs as well as the equity securities of, or derivative instruments (e.g. options) relating to, individual companies in the technology sector ("Technology Companies"). The fund is non-diversified.

Grade (RS Rating)

Last Trade

$26.42

Average Daily Volume

1,844

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	FNGS	KQQQ
30 Days	7.52%	6.52%
60 Days	17.61%	15.88%
90 Days	16.22%	16.03%
12 Months	56.02%

8 Overlapping Holdings

Symbol	Grade	Weight in FNGS	Weight in KQQQ	Overlap
AAPL	C	9.93%	8.72%	8.72%
AMZN	A	9.87%	10.53%	9.87%
AVGO	B	10.17%	4.46%	4.46%
GOOGL	B	9.83%	9.45%	9.45%
META	C	10.02%	7.68%	7.68%
MSFT	D	9.7%	0.65%	0.65%
NFLX	A	9.75%	1.8%	1.8%
NVDA	A	9.83%	7.18%	7.18%

FNGS Overweight 2 Positions Relative to KQQQ

	Symbol	Grade	Weight
	CRWD	B	10.78%
	NOW	A	10.11%

FNGS Underweight 9 Positions Relative to KQQQ

Symbol	Grade	Weight
ORCL	A	-2.6%
TSLA	A	-2.29%
CRM	B	-1.62%
AMD	F	-1.43%
CSCO	A	-1.31%
IBM	D	-1.15%
ADBE	D	-1.14%
QCOM	C	-1.04%
AMAT	F	-1.01%