FNGU vs. QQQU ETF Comparison

Comparison of BMO REX MicroSectors FANG Index 3X Leveraged Exchange Traded Notes (FNGU) to Direxion Daily Concentrated Qs Bull 2X Shares (QQQU)

FNGU

BMO REX MicroSectors FANG Index 3X Leveraged Exchange Traded Notes

FNGU Description

The investment seeks return linked to a three times 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

$523.50

Average Daily Volume

800,608

Number of Holdings ^*

* may have additional holdings in another (foreign) market

QQQU

Direxion Daily Concentrated Qs Bull 2X Shares

QQQU Description

QQQU provides daily 2x exposure to an index comprised of the seven leading companies listed on the NASDAQ exchange that meet certain requirements. It will invest in the securities of the index, financial instruments including swap and futures agreements, and ETFs tracking the index, to provide the leveraged exposure consistent with its objective. To be included in the index, the common stocks or ADRs must have a minimum free float equivalent to 10% of shares outstanding, and have a share price of less than $10,000. After an extensive research, the index provider selects the seven leading constituents that forms the index and equally-weights them. The index is rebalanced and reconstituted quarterly. As a leveraged product with 2x factor that resets daily, QQQU is not a buy-and-hold investment and should not be expected to provide index leverage return greater than a one day period.

Grade (RS Rating)

Last Trade

$42.50

Average Daily Volume

19,137

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	FNGU	QQQU
30 Days	20.61%	16.38%
60 Days	54.14%	39.85%
90 Days	45.88%	39.42%
12 Months	182.19%

6 Overlapping Holdings

Symbol	Grade	Weight in FNGU	Weight in QQQU	Overlap
AAPL	C	9.93%	10.51%	9.93%
AMZN	A	9.87%	10.23%	9.87%
GOOGL	B	9.83%	10.65%	9.83%
META	C	10.02%	10.85%	10.02%
MSFT	D	9.7%	10.19%	9.7%
NVDA	A	9.83%	12.5%	9.83%

FNGU Overweight 4 Positions Relative to QQQU

Symbol	Grade	Weight
CRWD	B	10.78%
AVGO	B	10.17%
NOW	A	10.11%
NFLX	A	9.75%

FNGU Underweight 1 Positions Relative to QQQU

	Symbol	Grade	Weight
	TSLA	A	-11.18%