FTXL vs. BERZ ETF Comparison

Comparison of First Trust Nasdaq Semiconductor ETF (FTXL) to MicroSectors FANG & Innovation -3x Inverse Leveraged ETN (BERZ)
FTXL

First Trust Nasdaq Semiconductor ETF

FTXL Description

The First Trust Nasdaq Semiconductor ETF is an exchange-traded fund. The investment objective of the Fund is to seek investment results that correspond generally to the price and yield, before the Fund's fees and expenses, of an index called the Nasdaq US Smart Semiconductor Index. The Fund seeks to replicate the holdings and weightings of the Nasdaq US Smart Semiconductor Index so as to generate performance results 95% correlated to that of the Nasdaq US Smart Semiconductor Index.

Grade (RS Rating)

Last Trade

$87.61

Average Daily Volume

28,372

Number of Holdings *

31

* may have additional holdings in another (foreign) market
BERZ

MicroSectors FANG & Innovation -3x Inverse Leveraged ETN

BERZ Description BERZ provides daily -3x inverse exposure to an index of FANG and technology companies that meet certain requirements. The fund will consistently comprise eight core components (Alphabet, Amazon, Apple, Facebook, Microsoft, Netflix, NVIDIA, and Tesla) and include seven companies determined through a selection methodology. Eligible securities must be listed on a US exchange, classified in the technology sector, and have a market cap of at least 10 billion USD. Selection will begin with ranking the securities by market cap and selecting the 30 largest companies which will then be sorted by 12-month average daily value traded. The top seven stocks will complete the index along with the eight core components and are then equally weighted. The index is rebalanced monthly and reconstituted quarterly. As a leveraged inverse product with -3x factor that resets daily, BERZ 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

$14.98

Average Daily Volume

107,368

Number of Holdings *

15

* may have additional holdings in another (foreign) market
Performance
Period FTXL BERZ
30 Days -6.07% -12.61%
60 Days -3.70% -22.84%
90 Days -5.37% -29.01%
12 Months 20.61% -70.12%
5 Overlapping Holdings
Symbol Grade Weight in FTXL Weight in BERZ Overlap
AMD F 2.47% 6.67% 2.47%
AVGO D 8.81% 6.67% 6.67%
INTC C 8.92% 6.67% 6.67%
MU D 4.4% 6.67% 4.4%
NVDA A 10.11% 6.67% 6.67%
FTXL Overweight 26 Positions Relative to BERZ
Symbol Grade Weight
AMAT F 7.7%
QCOM F 7.59%
MRVL B 4.05%
TXN C 4.04%
ADI D 3.81%
LRCX F 3.75%
ON F 3.67%
NXPI F 3.57%
MCHP F 3.33%
KLAC F 3.3%
AMKR F 3.24%
SWKS F 3.23%
AVT C 2.22%
COHR B 1.93%
TER F 1.57%
QRVO F 1.45%
MPWR F 1.26%
CRUS F 1.13%
RMBS C 0.74%
MTSI B 0.62%
PI D 0.6%
LSCC F 0.59%
SMTC B 0.58%
FORM F 0.45%
ONTO F 0.42%
ACLS F 0.39%
FTXL Underweight 10 Positions Relative to BERZ
Symbol Grade Weight
TSLA B -6.67%
CRM B -6.67%
PANW A -6.67%
NFLX A -6.67%
GOOGL B -6.67%
AMZN B -6.67%
ADBE D -6.67%
AAPL C -6.67%
MSFT D -6.67%
META C -6.67%
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