SNAV vs. BNKD ETF Comparison

Comparison of Mohr Sector Nav ETF (SNAV) to MicroSectors U.S. Big Banks Index -3X Inverse Leveraged ETNs (BNKD)

SNAV

Mohr Sector Nav ETF

SNAV Description

The fund is an actively managed exchange traded fund that is managed by the adviser and designed for investors looking for long-term growth and who can tolerate large principal value fluctuations. The adviser seeks to achieve the fund"s investment objective by using a tactical approach to invest in the various industry sectors that are found in the S&P 500 Index.

Grade (RS Rating)

Last Trade

$28.07

Average Daily Volume

4,587

Number of Holdings ^*

* may have additional holdings in another (foreign) market

BNKD

MicroSectors U.S. Big Banks Index -3X Inverse Leveraged ETNs

BNKD Description

The investment seeks to provide a leveraged inverse return based on the performance of the Solactive MicroSectorsTM U.S. Big Banks Index. The notes are senior unsecured medium-term notes issued by Bank of Montreal with a return linked to a three times leveraged participation in the inverse performance of the index, compounded daily, less a Daily Investor Fee, any negative Daily Interest and, if applicable, the Redemption Fee Amount. The index is an equal-dollar weighted index designed to represent the 10 U.S. stocks with the largest market capitalization in the banking sector.

Grade (RS Rating)

Last Trade

$23.66

Average Daily Volume

85,289

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	SNAV	BNKD
30 Days	-4.26%	2.20%
60 Days	-2.03%	-19.80%
90 Days	2.01%	-27.09%
12 Months	12.11%	-67.18%

0 Overlapping Holdings

	Symbol	Grade	Weight in SNAV	Weight in BNKD	Overlap

SNAV Overweight 5 Positions Relative to BNKD

Symbol	Grade	Weight
SPY	C	45.36%
RSP	C	28.01%
VDE	B	9.56%
XLK	C	9.1%
XLY	B	7.97%

SNAV Underweight 10 Positions Relative to BNKD

Symbol	Grade	Weight
WFC	A	-10.0%
USB	C	-10.0%
TFC	A	-10.0%
SCHW	A	-10.0%
PNC	A	-10.0%
MS	A	-10.0%
JPM	A	-10.0%
GS	A	-10.0%
C	A	-10.0%
BAC	A	-10.0%

SNAV: Top Represented Industries & Keywords

Industries:

Keywords: ETF Exchange Traded Fund Index Fund S&P 500 Index CBOE Stock Market Index Capitalization Weighted Index Consumer Services Energy Sector Global Industry Classification Standard Industry Classification Investment Management MSCI EAFE Msci Us Reit Index S&P 500 Equal Weighted S&P 500 Index Technology Select Sector Index Textiles

BNKD: Top Represented Industries & Keywords

Industries: Banks - Global Banks - Regional - US Capital Markets