BNGE vs. LTL ETF Comparison

Comparison of First Trust S-Network Streaming and Gaming ETF (BNGE) to ProShares Ultra Telecommunications ProShares (LTL)

BNGE

First Trust S-Network Streaming and Gaming ETF

BNGE Description

First Trust S-Network Streaming & Gaming ETF is an exchange traded fund launched and managed by First Trust Advisors L.P. The fund invests in public equity markets of global region. It invests in stocks of companies operating across consumer discretionary, consumer services, hotels, restaurants and leisure, casinos and gaming, gaming operations, online gaming operations, leisure facilities, amusement and recreation services, amusement operations, parks and services, video game arcades, content streaming sectors. The fund invests in growth and value stocks of companies across diversified market capitalization. It seeks to track the performance of the S-Network Streaming & Gaming Index, by using full replication technique. First Trust S-Network Streaming & Gaming ETF was formed on January 25, 2022 and is domiciled in the United States.

Grade (RS Rating)

Last Trade

$27.96

Average Daily Volume

2,138

Number of Holdings ^*

* may have additional holdings in another (foreign) market

LTL

ProShares Ultra Telecommunications ProShares

LTL Description

The investment seeks daily investment results, before fees and expenses, that correspond to two times (2x) the daily performance of the Dow Jones U.S. Select TelecommunicationsSM Index. The fund invests in securities and derivatives that ProShare Advisors believes, in combination, should have similar daily return characteristics as two times (2x) the daily return of the index. The index is a measure of U.S. stock market performance of fixed line (regional and long-distance carriers) and mobile telephone services (cellular, satellite and paging services). The fund is non-diversified.

Grade (RS Rating)

Last Trade

$84.24

Average Daily Volume

2,861

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	BNGE	LTL
30 Days	9.57%	14.49%
60 Days	9.36%	17.58%
90 Days	10.41%	20.86%
12 Months	23.09%	72.67%

5 Overlapping Holdings

Symbol	Grade	Weight in BNGE	Weight in LTL	Overlap
DIS	B	5.01%	3.75%	3.75%
EA	A	4.94%	3.36%	3.36%
NFLX	A	4.9%	5.0%	4.9%
TTWO	A	5.05%	3.52%	3.52%
WBD	C	3.95%	2.49%	2.49%

BNGE Overweight 21 Positions Relative to LTL

Symbol	Grade	Weight
SPOT	B	5.4%
RBLX	C	4.84%
FLUT	A	4.8%
YY	C	4.44%
SONY	B	4.14%
NTES	D	4.08%
AMD	F	3.61%
DKNG	B	3.47%
GME	C	2.01%
ROKU	D	1.7%
TME	D	1.7%
MGM	D	1.6%
LNW	D	1.57%
U	C	0.96%
SRAD	A	0.68%
PENN	C	0.54%
RSI	B	0.5%
FUBO	F	0.49%
BALY	C	0.48%
MOMO	D	0.44%
IQ	F	0.41%

BNGE Underweight 17 Positions Relative to LTL

Symbol	Grade	Weight
META	D	-13.63%
GOOGL	C	-7.87%
GOOG	C	-6.5%
TMUS	B	-3.5%
CHTR	C	-3.39%
CMCSA	B	-3.25%
T	A	-3.18%
VZ	C	-2.84%
LYV	A	-2.45%
OMC	C	-2.27%
NWSA	B	-1.28%
IPG	D	-1.22%
FOXA	B	-1.2%
MTCH	D	-0.93%
PARA	C	-0.74%
FOX	A	-0.66%
NWS	B	-0.42%