SHNY vs. SGDM ETF Comparison

Comparison of Bank Of Montreal MicroSectors Gold 3X Leveraged ETNs due January 29, 2043 (SHNY) to Sprott Gold Miners ETF (SGDM)

SHNY

Bank Of Montreal MicroSectors Gold 3X Leveraged ETNs due January 29, 2043

SHNY Description

The investment seeks daily investment results, before fees and expenses, of 200% of the daily performance of the Solactive Global Silver Miners Index. The fund, under normal circumstances, invests at least 80% of its net assets (plus borrowing for investment purposes) in securities of the index, exchange-traded funds ("ETFs") that track the index and other financial instruments that provide daily leveraged exposure to the index or ETFs that track the index. The index is designed to measure broad based equity market performance of companies involved in the silver mining industry, as defined by Structured Solutions AG. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$45.34

Average Daily Volume

38,258

Number of Holdings ^*

* may have additional holdings in another (foreign) market

SGDM

Sprott Gold Miners ETF

SGDM Description

The investment seeks results that correspond (before fees and expenses) generally to the performance of the Sprott Zacks Gold Miners Index. The index aims to track the performance of gold and silver mining companies whose stocks are traded on major U.S. exchanges. In addition to common stock or American Depository Receipts of gold mining companies, the index may include common stock or ADRs of silver mining companies. The fund will normally invest at least 90% of its net assets in securities that comprise the index. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$29.84

Average Daily Volume

30,733

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	SHNY	SGDM
30 Days	-10.23%	-11.50%
60 Days	-2.06%	-6.07%
90 Days	12.75%	-2.84%
12 Months	70.53%	26.44%

0 Overlapping Holdings

	Symbol	Grade	Weight in SHNY	Weight in SGDM	Overlap

SHNY Overweight 1 Positions Relative to SGDM

	Symbol	Grade	Weight
	GLD	C	100.0%

SHNY Underweight 7 Positions Relative to SGDM

Symbol	Grade	Weight
NEM	D	-11.96%
GOLD	C	-8.34%
RGLD	C	-4.33%
ORLA	C	-4.06%
GFI	D	-1.2%
CDE	C	-0.53%
HMY	C	-0.45%

SHNY: Top Represented Industries & Keywords

Industries:

Keywords: Bullion ETF Equity Exchange Traded Fund Gold Precious Metals

SGDM: Top Represented Industries & Keywords

Industries: Gold

Keywords: Mining Gold Copper Gold Mining Molybdenum Harmony Gold Lead Mineral Exploration S&P 500 Silver Silver Mining In The United States Smelting Zinc