AGMI vs. DULL ETF Comparison

Comparison of Themes Silver Miners ETF (AGMI) to Bank Of Montreal MicroSectors Gold -3X Inverse Leveraged ETNs due January 29, 2043 (DULL)

AGMI

Themes Silver Miners ETF

AGMI Description

The index is designed to provide exposure to global companies in the large-, mid- and small- capitalization segments that have significant exposure to the silver mining industry. The fund will invest, under normal circumstances, at least 80% of its net assets, plus the amount of any borrowings for investment purposes, in the securities that comprise the Index and in ADRs and GDRs based on the securities in the index. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$27.27

Average Daily Volume

1,078

Number of Holdings ^*

3

* may have additional holdings in another (foreign) market

DULL

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

DULL Description

The notes are designed to reflect a 3x leveraged inverse exposure to the inverse performance of the ETF on a daily basis. The notes are riskier than securities that have intermediate- or long-term investment objectives, and may not be suitable for investors who plan to hold them for a period other than one day or who have a "buy and hold" strategy.

Grade (RS Rating)

Last Trade

$11.60

Average Daily Volume

5,835

Number of Holdings ^*

10

* may have additional holdings in another (foreign) market

Performance

Period	AGMI	DULL
30 Days	1.53%	-4.66%
60 Days	5.09%	-8.37%
90 Days		-8.90%
12 Months		-47.49%

1 Overlapping Holdings

	Symbol	Grade	Weight in AGMI	Weight in DULL	Overlap
	EXK	B	4.46%	1.03%	1.03%

AGMI Overweight 2 Positions Relative to DULL

	Symbol	Grade	Weight
	NEM	A	10.22%
	SCCO	C	4.73%

AGMI Underweight 9 Positions Relative to DULL

	Symbol	Grade	Weight
	WPM	C	-11.85%
	PAAS	B	-5.16%
	CDE	A	-5.05%
	HL	C	-4.81%
	AGI	C	-4.45%
	SSRM	F	-4.32%
	MAG	C	-2.88%
	SVM	C	-1.62%
	MUX	C	-1.57%

AGMI: Top Represented Industries & Keywords

Industries: Copper Gold Silver

Keywords: Mining Coke Copper Copper Extraction Gold Metallurgical Processes Metallurgy Molybdenum Precious Metal Properties Refinery S&P 500 Silver Silver Mining Smelting

DULL: Top Represented Industries & Keywords

Industries: Silver Gold Industrial Metals & Minerals

Keywords: Mining Silver Gold Gold Mining Silver Mining In The United States Base Metal Bullion Copper IBD 50 Mineral Products New Gold Precious And Base Metal Precious Metal Properties Precious Metal Purchase Agreements S&P/Tsx 60 Silver Mining Silvercorp Metals Smelting Ssr Mining Inc. Zinc