DULL vs. SHNY ETF Comparison

Comparison of Bank Of Montreal MicroSectors Gold -3X Inverse Leveraged ETNs due January 29, 2043 (DULL) to Bank Of Montreal MicroSectors Gold 3X Leveraged ETNs due January 29, 2043 (SHNY)

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

$8.25

Average Daily Volume

23,118

Number of Holdings ^*

* may have additional holdings in another (foreign) market

SHNY

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

SHNY Description

The investment seeks daily investment results, before fees and expenses, of 200% of the daily performance of the Solactive Global Silver Miners Index. The fund, under normal circumstances, invests at least 80% of its net assets (plus borrowing for investment purposes) in securities of the index, exchange-traded funds ("ETFs") that track the index and other financial instruments that provide daily leveraged exposure to the index or ETFs that track the index. The index is designed to measure broad based equity market performance of companies involved in the silver mining industry, as defined by Structured Solutions AG. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$45.34

Average Daily Volume

38,258

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	DULL	SHNY
30 Days	7.37%	-10.23%
60 Days	-3.55%	-2.06%
90 Days	-17.92%	12.75%
12 Months	-57.09%	70.53%

1 Overlapping Holdings

	Symbol	Grade	Weight in DULL	Weight in SHNY	Overlap
	GLD	C	100.0%	100.0%	100.0%

DULL Overweight 0 Positions Relative to SHNY

	Symbol	Grade	Weight

DULL Underweight 0 Positions Relative to SHNY

	Symbol	Grade	Weight

DULL: Top Represented Industries & Keywords

Industries:

Keywords: Bullion ETF Equity Exchange Traded Fund Gold Precious Metals

SHNY: Top Represented Industries & Keywords

Industries:

Keywords: Bullion ETF Equity Exchange Traded Fund Gold Precious Metals