THLV vs. BNKD ETF Comparison

Comparison of THOR Low Volatility ETF (THLV) to MicroSectors U.S. Big Banks Index -3X Inverse Leveraged ETNs (BNKD)

THLV

THOR Low Volatility ETF

THLV Description

The fund seeks to achieve its investment objective by investing at least 80% of its total assets in securities included in the index. The rules-based index is comprised of U.S. equity exchange traded funds ("ETFs"). The primary goal of the index is to gain exposure to U.S. large cap equities while attempting to lower volatility by avoiding sectors that are currently in a down trending cycle.

Grade (RS Rating)

Last Trade

$26.74

Average Daily Volume

7,826

Number of Holdings ^*

8

* 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

$23.97

Average Daily Volume

57,238

Number of Holdings ^*

10

* may have additional holdings in another (foreign) market

Performance

Period	THLV	BNKD
30 Days	-1.80%	20.27%
60 Days	2.19%	-10.56%
90 Days	0.96%	-14.39%
12 Months	9.57%	-57.91%

0 Overlapping Holdings

	Symbol	Grade	Weight in THLV	Weight in BNKD	Overlap

THLV Overweight 8 Positions Relative to BNKD

	Symbol	Grade	Weight
	XLU	B	12.14%
	XLE	D	12.1%
	XLB	C	12.01%
	XLF	C	12.0%
	XLI	C	11.99%
	XLP	B	11.98%
	XLV	A	11.95%
	XLK	A	11.52%

THLV Underweight 10 Positions Relative to BNKD

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

THLV: Top Represented Industries & Keywords

Industries:

Keywords: ETF Exchange Traded Fund Index Fund Aerospace Biotechnology Chemical Commercial Bank Conglomerate Consumer Finance Diversified Financial Electric Utilities Electrical Equipment Energy Equipment Energy Select Sector Index Food Products Forest Products Gas Utilities Health Care Equipment Health Care Technology Household Products

BNKD: Top Represented Industries & Keywords

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

Keywords: S&P 500 Bank Banking Investment Bank Cash Management Investment Banking Asset Management Services Brokerage Financial Advisory Services Financial Products Investment Management Services Investment Product Lending Products Portfolio Management Primary Dealers Trade Finance Transaction Services Wealth Management Asset Management Cash Management Services