GGRW vs. FNGO ETF Comparison

Comparison of Growth Innovators ETF (GGRW) to MicroSectors FANG Index 2X Leveraged ETNs due January 8, 2038 (FNGO)

GGRW

Growth Innovators ETF

GGRW Description

Gabelli ETFs Trust - Gabelli Growth Innovators ETF is an exchange traded fund launched by GAMCO Investors, Inc. It is managed by Gabelli Funds, LLC. The fund invests in public equity markets of the United States. It invests in stocks of companies operating across diversified sectors. The fund invests in growth stocks of companies across diversified market capitalization. It employs fundamental analysis to create its portfolio. Gabelli ETFs Trust - Gabelli Growth Innovators ETF is domiciled in the United States.

Grade (RS Rating)

Last Trade

$25.00

Average Daily Volume

1,415

Number of Holdings ^*

* may have additional holdings in another (foreign) market

FNGO

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

FNGO Description

The investment seeks to approximate the returns that might be available to investors through a leveraged ¿long¿ investment in the NYSE FANG+¿ Index (the index). The notes are senior unsecured medium-term notes issued by Bank of Montreal with a return linked to a 2X leveraged participation in the performance of the index, compounded daily, less a Daily Investor Fee, the Daily Financing Charge 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

$58.25

Average Daily Volume

33,912

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	GGRW	FNGO
30 Days	-1.46%	-1.32%
60 Days	0.04%	-1.17%
90 Days	6.38%	7.12%
12 Months	49.04%	144.13%

5 Overlapping Holdings

Symbol	Grade	Weight in GGRW	Weight in FNGO	Overlap
AMZN	A	7.83%	9.35%	7.83%
META	D	7.69%	12.53%	7.69%
MSFT	C	5.01%	8.84%	5.01%
NFLX	D	5.29%	9.65%	5.29%
NVDA	C	5.37%	10.66%	5.37%

GGRW Overweight 23 Positions Relative to FNGO

Symbol	Grade	Weight
NOW	D	5.18%
CRWD	D	5.12%
PANW	B	4.98%
ETN	A	4.93%
ADBE	D	4.86%
MA	D	4.83%
LLY	D	4.59%
GOOG	A	4.55%
CMG	A	4.44%
UNH	C	4.13%
SPOT	B	2.65%
UBER	D	1.98%
ISRG	C	1.78%
INTU	C	1.77%
ASML	D	1.75%
CARR	A	1.74%
BKNG	C	1.69%
ZTS	D	1.61%
CDNS	D	1.53%
COST	C	1.35%
TT	A	1.08%
ONON	C	1.01%
KKR	D	0.85%

GGRW Underweight 5 Positions Relative to FNGO

Symbol	Grade	Weight
TSLA	D	-11.71%
AMD	D	-10.03%
AAPL	C	-9.39%
SNOW	D	-9.1%
GOOGL	A	-8.74%