GGRW vs. FNGS ETF Comparison

Comparison of Growth Innovators ETF (GGRW) to MicroSectors FANG ETNs due January 8, 2038 (FNGS)

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

$24.43

Average Daily Volume

1,521

Number of Holdings ^*

* may have additional holdings in another (foreign) market

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

$41.83

Average Daily Volume

149,039

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	GGRW	FNGS
30 Days	-3.65%	-4.10%
60 Days	-2.24%	-4.34%
90 Days	6.56%	5.34%
12 Months	43.58%	59.17%

5 Overlapping Holdings

Symbol	Grade	Weight in GGRW	Weight in FNGS	Overlap
AMZN	B	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 FNGS

Symbol	Grade	Weight
NOW	D	5.18%
CRWD	D	5.12%
PANW	B	4.98%
ETN	B	4.93%
ADBE	F	4.86%
MA	D	4.83%
LLY	B	4.59%
GOOG	A	4.55%
CMG	A	4.44%
UNH	B	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	D	1.69%
ZTS	D	1.61%
CDNS	D	1.53%
COST	C	1.35%
TT	A	1.08%
ONON	D	1.01%
KKR	C	0.85%

GGRW Underweight 5 Positions Relative to FNGS

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