IDAT vs. BULZ ETF Comparison
Comparison of Cloud Data Tech and Consumer ETF (IDAT) to MicroSectors FANG & Innovation 3x Leveraged ETN (BULZ)
IDAT
Cloud Data Tech and Consumer ETF
IDAT Description
The fund will invest at least 80% of its assets in the component securities of the index and in investments that have economic characteristics that are substantially identical to the component securities of the index and may invest up to 10% of its assets in certain futures, options and swap contracts, cash and cash equivalents. The fund is non-diversified.
Grade (RS Rating)
Last Trade
$31.42
Average Daily Volume
695
Number of Holdings
*
34
* may have additional holdings in another (foreign) market
BULZ
MicroSectors FANG & Innovation 3x Leveraged ETN
BULZ Description
BULZ provides daily 3x 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 product with 3x factor that resets daily, BULZ 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
$140.46
Average Daily Volume
105,312
Number of Holdings
*
15
* may have additional holdings in another (foreign) market
Performance
Period | IDAT | BULZ |
---|---|---|
30 Days | 1.22% | 1.19% |
60 Days | 1.80% | 5.47% |
90 Days | 9.88% | 25.74% |
12 Months | 39.35% | 106.83% |
IDAT Overweight 29 Positions Relative to BULZ
Symbol | Grade | Weight | |
---|---|---|---|
ANET | B | 3.81% | |
PSTG | D | 3.5% | |
MRVL | A | 3.41% | |
WDC | C | 2.96% | |
NTNX | B | 2.93% | |
CIEN | B | 2.89% | |
JNPR | A | 2.75% | |
STX | D | 2.63% | |
NXPI | C | 2.53% | |
DD | D | 2.39% | |
NET | B | 2.36% | |
DDOG | B | 2.28% | |
TWLO | A | 2.1% | |
QRVO | F | 2.09% | |
DT | B | 2.05% | |
AMT | D | 2.05% | |
MTSI | B | 2.01% | |
SWKS | F | 1.99% | |
SBAC | D | 1.87% | |
CCI | D | 1.85% | |
AKAM | D | 1.82% | |
BDC | B | 1.46% | |
LITE | A | 1.4% | |
KD | D | 1.26% | |
ESTC | D | 1.1% | |
CFLT | A | 1.01% | |
TDC | B | 0.75% | |
GDS | B | 0.69% | |
DIOD | F | 0.68% |
IDAT: Top Represented Industries & Keywords
Industries:
Semiconductors
Software - Application
Data Storage
Communication Equipment
Software - Infrastructure
Telecom Services
Chemicals
Computer Systems
Electronic Components
Information Technology Services
REIT - Diversified
Semiconductor Memory
Keywords:
Computing
S&P 500
Cloud Computing
Cloud Infrastructure
Nasdaq 100
Telecommunications
Fabless Semiconductor Companies
Integrated Circuits
Semiconductor
Ethernet
Information And Communications Technology
Power Management
Wireless Communication
Computer Data Storage
Electromagnetism
Transceiver
Work From Home
Aerospace
Cloud Storage
Computer Network
BULZ: Top Represented Industries & Keywords
Industries:
Semiconductors
Internet Content & Information
Software - Application
Auto Manufacturers
Consumer Electronics
Media - Diversified
Semiconductor Memory
Software - Infrastructure
Specialty Retail
Keywords:
S&P 500
Nasdaq 100
Computing
Dow Jones Component
Mobile Devices
Work From Home
Hyperscale
Smartphones
Software
Consumer Electronics
Design Manufacturers
Fabless Semiconductor Companies
Laptop Computer
Operating System
Wireless Communication
Artificial Intelligence
Baseband
Baseband Processor
CRM
Cellular Telephone