HACK vs. BERZ ETF Comparison

Comparison of ETFMG Prime Cyber Security ETF (HACK) to MicroSectors FANG & Innovation -3x Inverse Leveraged ETN (BERZ)

HACK

ETFMG Prime Cyber Security ETF

HACK Description

The investment seeks investment results that, before fees and expenses, correspond generally to the price and yield performance of the Prime Cyber Defense Index. The fund invests at least 80% of its total assets in the component securities of the index and in ADRs and GDRs based on the component securities in the index. The index tracks the performance of the exchange-listed equity securities of companies across the globe that (i) engage in providing cybersecurity applications or services as a vital component of its overall business or (ii) provide hardware or software for cybersecurity activities as a vital component of its overall business.

Grade (RS Rating)

Last Trade

$73.25

Average Daily Volume

69,051

Number of Holdings ^*

* 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

$14.33

Average Daily Volume

105,192

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	HACK	BERZ
30 Days	3.61%	-14.14%
60 Days	7.76%	-23.70%
90 Days	8.20%	-27.15%
12 Months	32.37%	-70.21%

2 Overlapping Holdings

	Symbol	Grade	Weight in HACK	Weight in BERZ	Overlap
	AVGO	D	9.71%	6.67%	6.67%
	PANW	B	6.25%	6.67%	6.25%

HACK Overweight 21 Positions Relative to BERZ

Symbol	Grade	Weight
CSCO	B	7.55%
CRWD	B	6.08%
FTNT	C	5.84%
GD	D	5.33%
NOC	D	4.95%
LDOS	C	4.51%
NET	B	4.17%
BAH	F	3.87%
ZS	B	3.81%
GEN	B	3.79%
FFIV	B	3.74%
CYBR	A	3.29%
S	B	3.29%
CHKP	C	3.24%
OKTA	C	3.12%
QLYS	B	2.97%
RBRK	A	2.57%
VRNS	D	2.53%
TENB	C	2.5%
RPD	B	2.27%
FSLY	D	1.94%

HACK Underweight 13 Positions Relative to BERZ

Symbol	Grade	Weight
TSLA	B	-6.67%
CRM	B	-6.67%
NVDA	B	-6.67%
NFLX	A	-6.67%
MU	D	-6.67%
INTC	C	-6.67%
GOOGL	C	-6.67%
AMZN	C	-6.67%
AMD	F	-6.67%
ADBE	C	-6.67%
AAPL	C	-6.67%
MSFT	D	-6.67%
META	D	-6.67%