BERZ vs. BUG ETF Comparison

Comparison of MicroSectors FANG & Innovation -3x Inverse Leveraged ETN (BERZ) to Global X Cybersecurity ETF (BUG)

BERZ

MicroSectors FANG & Innovation -3x Inverse Leveraged ETN

BERZ Description

BERZ provides daily -3x inverse exposure to an index of FANG and technology companies that meet certain requirements. The fund will consistently comprise eight core components (Alphabet, Amazon, Apple, Facebook, Microsoft, Netflix, NVIDIA, and Tesla) and include seven companies determined through a selection methodology. Eligible securities must be listed on a US exchange, classified in the technology sector, and have a market cap of at least 10 billion USD. Selection will begin with ranking the securities by market cap and selecting the 30 largest companies which will then be sorted by 12-month average daily value traded. The top seven stocks will complete the index along with the eight core components and are then equally weighted. The index is rebalanced monthly and reconstituted quarterly. As a leveraged inverse product with -3x factor that resets daily, BERZ is not a buy-and-hold investment and should not be expected to provide index leverage return greater than a one day period.

Grade (RS Rating)

Last Trade

$14.54

Average Daily Volume

108,486

Number of Holdings ^*

15

* may have additional holdings in another (foreign) market

BUG

Global X Cybersecurity ETF

BUG Description

The Global X Cybersecurity ETF (BUG) seeks to invest in companies that stand to potentially benefit from the increased adoption of cybersecurity technology, such as those whose principal business is in the development and management of security protocols preventing intrusion and attacks to systems, networks, applications, computers, and mobile devices.

Grade (RS Rating)

Last Trade

$32.38

Average Daily Volume

119,986

Number of Holdings ^*

17

* may have additional holdings in another (foreign) market

Performance

Period	BERZ	BUG
30 Days	-12.93%	1.60%
60 Days	-23.47%	6.55%
90 Days	-23.95%	4.89%
12 Months	-70.45%	26.96%

1 Overlapping Holdings

	Symbol	Grade	Weight in BERZ	Weight in BUG	Overlap
	PANW	B	6.67%	6.07%	6.07%

BERZ Overweight 14 Positions Relative to BUG

	Symbol	Grade	Weight
	TSLA	A	6.67%
	CRM	B	6.67%
	NVDA	B	6.67%
	NFLX	A	6.67%
	MU	D	6.67%
	INTC	C	6.67%
	GOOGL	B	6.67%
	AVGO	C	6.67%
	AMZN	B	6.67%
	AMD	F	6.67%
	ADBE	F	6.67%
	AAPL	C	6.67%
	MSFT	D	6.67%
	META	C	6.67%

BERZ Underweight 16 Positions Relative to BUG

	Symbol	Grade	Weight
	FTNT	B	-6.79%
	CRWD	B	-6.34%
	ZS	B	-6.07%
	GEN	B	-5.73%
	CHKP	D	-5.66%
	QLYS	C	-5.37%
	ATEN	A	-4.67%
	OKTA	D	-4.5%
	CYBR	A	-4.39%
	OSPN	B	-4.35%
	S	C	-4.34%
	TENB	D	-4.31%
	VRNS	F	-4.29%
	RPD	C	-4.22%
	RDWR	A	-4.07%
	TLS	D	-3.14%

BERZ: Top Represented Industries & Keywords

Industries: Semiconductors Software - Application Internet Content & Information Auto Manufacturers Consumer Electronics Media - Diversified Semiconductor Memory Software - Infrastructure Specialty Retail

Keywords: S&P 500 Nasdaq 100 Computing Dow Jones Component Work From Home Mobile Devices Hyperscale Smartphones Software Consumer Electronics Design Manufacturers Laptop Computer Operating System Subscription Services Artificial Intelligence Baseband Baseband Processor CRM Cellular Telephone Cloud Computing

BUG: Top Represented Industries & Keywords

Industries: Software - Infrastructure Software - Application Communication Equipment Information Technology Services Telecom Services

Keywords: Cybersecurity Computer Security Computing Nasdaq 100 Security Solution Computer Network Security VPN Cyberwarfare Firewall Firewall Software S&P 500 Work From Home Antivirus Software Cloud Computing Content Control Software Cryptography Cybersecurity Solutions Malware Mobile Devices Software As A Service