FNGZ vs. FNGU ETF Comparison

Comparison of MicroSectors FANG Index -2X Inverse Leveraged ETNs due January 8, 2038 (FNGZ) to BMO REX MicroSectors FANG Index 3X Leveraged Exchange Traded Notes (FNGU)

FNGZ

MicroSectors FANG Index -2X Inverse Leveraged ETNs due January 8, 2038

FNGZ Description

The investment seeks to reflect a leveraged inverse exposure to the performance of the NYSE Fang+¿ Index (the index) on a daily basis. The notes are senior unsecured medium-term notes issued by Bank of Montreal with a return linked to a two times leveraged participation in the inverse performance of the index, compounded daily, less a Daily Investor Fee, any negative Daily Interest and, if applicable, the Redemption Fee Amount. 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

$3.12

Average Daily Volume

14,651

Number of Holdings ^*

* may have additional holdings in another (foreign) market

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

$35.42

Average Daily Volume

5,589,974

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

	FNGZ	FNGU
30 Days	-12.28%	15.82%
60 Days	-1.12%	-14.57%
90 Days	-28.56%	31.26%
12 Months	-83.50%	532.64%

10 Overlapping Holdings

Grade	Symbol	Weight in FNGZ	Weight in FNGU	Overlap
B	AAPL	10.0%	10.0%	10.0%
B	AMZN	10.0%	10.0%	10.0%
F	BABA	10.0%	10.0%	10.0%
D	BIDU	10.0%	10.0%	10.0%
C	FB	10.0%	10.0%	10.0%
A	GOOGL	10.0%	10.0%	10.0%
B	NFLX	10.0%	10.0%	10.0%
A	NVDA	10.0%	10.0%	10.0%
C	TSLA	10.0%	10.0%	10.0%
B	TWTR	10.0%	10.0%	10.0%

FNGZ Overweight 0 Positions Relative to FNGU

Grade	Symbol	Weight

FNGZ Underweight 0 Positions Relative to FNGU

Grade	Symbol	Weight