MJO vs. PBE ETF Comparison

Comparison of MicroSectors Cannabis 2X Leveraged ETNs (MJO) to PowerShares Dynamic Biotech & Genome (PBE)
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

$94.51

Average Daily Volume

1,879

Number of Holdings *

13

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

PowerShares Dynamic Biotech & Genome

PBE Description The PowerShares Dynamic Biotechnology & Genome Portfolio (Fund) is based on the Dynamic Biotech & Genome IntellidexSM Index (Intellidex Index). The Fund will normally invest at least 90% of its total assets in common stocks that comprise the Index. The Intellidex Index is designed to provide capital appreciation by thoroughly evaluating companies based on a variety of investment merit criteria, including price momentum, earnings momentum, quality, management action, and value. The Underlying Intellidex Index is comprised of common stocks of 30 US biotechnology and genome companies. These are companies that are principally engaged in the research, development, manufacture and marketing and distribution of various biotechnological products, services and processes and companies that benefit significantly from scientific and technological advances biotechnology and genetic engineering and reseach. The Fund and the Index are rebalanced and reconstituted quarterly in February, May, August and November.

Grade (RS Rating)

Last Trade

$69.61

Average Daily Volume

6,674

Number of Holdings *

29

* may have additional holdings in another (foreign) market
Performance
MJO PBE
30 Days -8.99% -3.81%
60 Days -10.29% -5.61%
90 Days -49.47% -15.53%
12 Months 153.64% 20.26%
1 Overlapping Holdings
Grade Symbol Weight in MJO Weight in PBE Overlap
C CTLT 7.84% 5.2% 5.2%
MJO Overweight 12 Positions Relative to PBE
Grade Symbol Weight
B A 9.9%
A ABBV 9.9%
C MTD 9.9%
C TMO 9.9%
B PKI 8.97%
A WAT 6.27%
D IIPR 5.19%
B SMG 4.61%
F CGC 3.43%
F ARNA 3.03%
A BRKR 1.73%
F CARA 0.48%
MJO Underweight 28 Positions Relative to PBE
Grade Symbol Weight
B TECH -6.09%
A ALXN -5.52%
B AMGN -5.29%
D BMRN -5.03%
F QGEN -4.93%
F SGEN -4.75%
D ILMN -4.6%
C NTLA -3.89%
C VCEL -3.59%
B IRWD -3.48%
C UTHR -3.38%
B ALKS -3.13%
C DRNA -3.07%
C HALO -3.03%
D PACB -3.0%
F SGMO -2.97%
F BPMC -2.88%
D MYGN -2.8%
F PGEN -2.77%
C CDNA -2.76%
F XNCR -2.65%
F OPK -2.6%
B ARWR -2.58%
B MNKD -2.4%
F VCYT -2.34%
D FLGT -2.17%
F EBS -1.82%
F FGEN -1.26%
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