DULL vs. MAPP ETF Comparison

Comparison of Bank Of Montreal MicroSectors Gold -3X Inverse Leveraged ETNs due January 29, 2043 (DULL) to Harbor Multi-Asset Explorer ETF (MAPP)

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

$8.41

Average Daily Volume

18,864

Number of Holdings ^*

1

* may have additional holdings in another (foreign) market

MAPP

Harbor Multi-Asset Explorer ETF

MAPP Description

To seek to achieve the fund"s investment objective, Harbor Capital Advisors Inc., the fund"s investment adviser (the "advisor"), allocates the fund"s assets among various asset classes and market sectors based on its assessment of global economic and market conditions, primarily through investments in a diversified portfolio of exchange-traded funds, including other funds managed by the advisor.

Grade (RS Rating)

Last Trade

$23.53

Average Daily Volume

643

Number of Holdings ^*

10

* may have additional holdings in another (foreign) market

Performance

Period	DULL	MAPP
30 Days	-16.45%	1.60%
60 Days	-22.89%	5.28%
90 Days	-30.50%	5.39%
12 Months	-67.53%	23.99%

1 Overlapping Holdings

	Symbol	Grade	Weight in DULL	Weight in MAPP	Overlap
	GLD	A	100.0%	4.5%	4.5%

DULL Overweight 0 Positions Relative to MAPP

	Symbol	Grade	Weight

DULL Underweight 9 Positions Relative to MAPP

	Symbol	Grade	Weight
	IVV	B	-30.8%
	XLF	B	-7.1%
	TLT	C	-6.99%
	XLC	A	-6.76%
	QQQ	C	-6.51%
	EWU	B	-5.83%
	EWJ	C	-5.46%
	VGK	C	-4.84%
	EEM	A	-4.62%

DULL: Top Represented Industries & Keywords

Industries:

Keywords: Bullion ETF Equity Exchange Traded Fund Gold Precious Metals

MAPP: Top Represented Industries & Keywords

Industries:

Keywords: ETF Exchange Traded Fund Index Fund Exchange Traded Funds Stock Market Index Bloomberg Barclays Us Aggregate Bond Index Bond Bond Market Bullion Commercial Bank Consumer Finance Diversified Financial Equity Ftse Developed Europe Index Ftse Developed Europe Index Financials Global Industry Classification Standard Gold Government Bonds Interactive Media Invesco Powershares