TSLT vs. FNGS ETF Comparison
Comparison of T-REX 2X Long Tesla Daily Target ETF (TSLT) to MicroSectors FANG ETNs due January 8, 2038 (FNGS)
TSLT
T-REX 2X Long Tesla Daily Target ETF
TSLT Description
The fund, under normal circumstances, invests in swap agreements that provide 200% daily exposure to TSLA equal to at least 80% of its net assets (plus any borrowings for investment purposes). The fund will enter into one or more swap agreements with major global financial institutions whereby the fund and the global financial institution will agree to exchange the return earned on an investment by the fund in TSLA that is equal, on a daily basis, to 200% of the value of the fund"s net assets. The fund is non-diversified.
Grade (RS Rating)
Last Trade
$10.61
Average Daily Volume
5,275,814
1
FNGS
MicroSectors FANG ETNs due January 8, 2038
FNGS Description
The investment seeks to link the return to the performance of the gross total return version of the NYSE® FANG+™ Index. The index is an equal-dollar weighted index designed to represent a segment of the technology and consumer discretionary sectors consisting of highly-traded growth stocks of technology and tech-enabled companies. The notes are unsecured and unsubordinated obligations of Bank of Montreal. Each note will have an initial principal amount of $50.Grade (RS Rating)
Last Trade
$45.40
Average Daily Volume
147,401
10
Performance
| Period | TSLT | FNGS |
|---|---|---|
| 30 Days | 34.12% | 12.58% |
| 60 Days | -5.89% | 3.79% |
| 90 Days | -27.57% | 8.66% |
| 12 Months | 54.15% |
1 Overlapping Holdings
| Symbol | Grade | Weight in TSLT | Weight in FNGS | Overlap | |
|---|---|---|---|---|---|
| TSLA | D | 79.74% | 11.71% | 11.71% |
TSLT Overweight 0 Positions Relative to FNGS
| Symbol | Grade | Weight |
|---|
TSLT: Top Represented Industries & Keywords
FNGS: Top Represented Industries & Keywords
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