MJO vs. FXZ ETF Comparison

Comparison of MicroSectors Cannabis 2X Leveraged ETNs (MJO) to First Trust Materials AlphaDEX Fund (FXZ)
MJO

MicroSectors Cannabis 2X Leveraged ETNs

MJO Description

The investment seeks a two times leveraged participation in the daily performance of the Indxx MicroSectorsTM North American Cannabis Index.The index is designed to track the performance of companies that are publicly traded in the U.S. and/or Canada, and that provide products or services related to the medical or industrial use of cannabis or products derived from cannabis. The notes are unsecured and unsubordinated obligations of Bank of Montreal. Each note will have an initial principal amount of $50. The notes do not bear interest.

Grade (RS Rating)

Last Trade

$99.99

Average Daily Volume

5,074

Number of Holdings *

16

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

First Trust Materials AlphaDEX Fund

FXZ Description The investment seeks investment results that correspond generally to the price and yield (before the fund's fees and expenses) of an equity index called the StrataQuant(R) Materials Index. The fund will normally invest at least 90% of its net assets in common stocks that comprise the index. The index is a modified equal-dollar weighted index designed by NYSE Euronext to objectively identify and select stocks from the Russell 1000(R) Index in the materials and processing sector that may generate positive alpha relative to traditional passive-style indices through the use of the AlphaDEX(R) selection methodology. It is non-diversified.

Grade (RS Rating)

Last Trade

$57.17

Average Daily Volume

98,040

Number of Holdings *

37

* may have additional holdings in another (foreign) market
Performance
MJO FXZ
30 Days -6.00% 3.91%
60 Days -21.92% 10.38%
90 Days -12.88% 11.53%
12 Months 209.83% 99.65%
0 Overlapping Holdings
Grade Symbol Weight in MJO Weight in FXZ Overlap
MJO Overweight 16 Positions Relative to FXZ
Grade Symbol Weight
B A 9.9%
B ABBV 9.9%
B TMO 9.9%
C PKI 9.9%
A MTD 9.9%
C CTLT 9.9%
C WAT 9.05%
F TLRY 7.9%
D IIPR 4.8%
F ARNA 3.85%
F ACB 2.99%
D CGC 2.74%
B BRKR 1.97%
F APHA 1.61%
D CRON 0.51%
B CARA 0.5%
MJO Underweight 37 Positions Relative to FXZ
Grade Symbol Weight
C RGLD -4.87%
B NEM -4.85%
C SMG -4.83%
D NEU -4.76%
A CE -4.73%
C STLD -4.73%
B MOS -4.64%
C RS -3.83%
C CF -3.79%
B WLK -3.77%
C NUE -3.75%
B TKR -3.73%
C EAF -3.7%
B HUN -3.66%
B ESI -2.6%
A AVY -2.59%
A UNVR -2.57%
A IP -2.51%
B APD -2.5%
B EMN -2.48%
B LYB -2.46%
A CC -2.44%
C SCCO -2.02%
A GRA -2.0%
A VVV -1.91%
B FMC -1.91%
A LIN -1.9%
A IFF -1.87%
B DOW -1.87%
B FCX -0.86%
A OLN -0.85%
B ECL -0.83%
A CBT -0.83%
C HXL -0.83%
D ALB -0.83%
C FAST -0.83%
B ASH -0.82%
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