FLYD vs. IYT ETF Comparison

Comparison of Bank of Montreal MicroSectors Travel -3x Inverse Leveraged ETN (FLYD) to iShares Transportation AverageETF (IYT)

FLYD

Bank of Montreal MicroSectors Travel -3x Inverse Leveraged ETN

FLYD Description

The index is a net total return index that tracks the stock prices of U.S. listed securities thatare materially engaged in specified segments of the travel industry.

Grade (RS Rating)

Last Trade

$14.11

Average Daily Volume

815

Number of Holdings ^*

* may have additional holdings in another (foreign) market

IYT

iShares Transportation AverageETF

IYT Description

The investment seeks to track the investment results of an index composed of U.S. equities in the transportation sector. The fund generally invests at least 90% of its assets in securities of the underlying index and in depositary receipts representing securities of the underlying index. It seeks to track the investment results of the Dow Jones Transportation Average Index (the "underlying index"), which measures the performance of the transportation sector of the U.S. equity market.

Grade (RS Rating)

Last Trade

$73.58

Average Daily Volume

482,398

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	FLYD	IYT
30 Days	-24.96%	5.17%
60 Days	-43.20%	9.28%
90 Days	-53.20%	10.28%
12 Months	-68.94%	22.70%

8 Overlapping Holdings

Symbol	Grade	Weight in FLYD	Weight in IYT	Overlap
AAL	B	4.73%	1.55%	1.55%
ALK	C	1.04%	1.11%	1.04%
CAR	C	1.07%	0.28%	0.28%
DAL	C	4.29%	5.99%	4.29%
LUV	C	2.66%	3.2%	2.66%
LYFT	C	2.26%	0.99%	0.99%
UAL	A	3.91%	5.12%	3.91%
UBER	D	14.14%	16.08%	14.14%

FLYD Overweight 22 Positions Relative to IYT

Symbol	Grade	Weight
DIS	B	13.2%
BKNG	A	9.4%
ABNB	C	7.98%
CCL	B	5.23%
MAR	B	3.83%
RCL	A	3.43%
EXPE	B	3.29%
HLT	A	3.1%
LVS	C	2.69%
NCLH	B	2.53%
WYNN	D	1.98%
MGM	D	1.94%
CZR	F	1.55%
MTN	C	1.15%
H	B	0.98%
CHH	A	0.67%
WH	B	0.65%
BYD	C	0.58%
CHDN	B	0.54%
HGV	B	0.33%
TNL	A	0.27%
JOE	F	0.12%

FLYD Underweight 36 Positions Relative to IYT

Symbol	Grade	Weight
UNP	C	-15.74%
UPS	C	-8.21%
ODFL	B	-4.59%
CSX	B	-4.25%
FDX	B	-4.21%
NSC	B	-4.19%
XPO	B	-2.8%
EXPD	D	-2.75%
JBHT	C	-2.4%
SAIA	B	-2.26%
CHRW	C	-2.11%
KNX	B	-1.51%
KEX	C	-1.23%
GXO	B	-1.16%
R	B	-1.14%
LSTR	D	-1.06%
MATX	C	-0.85%
SKYW	B	-0.73%
RXO	C	-0.62%
HUBG	A	-0.51%
JOBY	B	-0.5%
ARCB	C	-0.42%
WERN	C	-0.4%
JBLU	F	-0.29%
SNDR	B	-0.24%
ATSG	B	-0.18%
ALGT	B	-0.17%
MRTN	C	-0.16%
FIP	D	-0.15%
GNK	D	-0.12%
UHAL	D	-0.11%
FWRD	D	-0.11%
HTLD	B	-0.09%
SNCY	C	-0.09%
CVLG	C	-0.08%
HTZ	C	-0.08%

FLYD: Top Represented Industries & Keywords

Industries: Resorts & Casinos Lodging Airlines Leisure Software - Application Gambling Internet Content & Information Media - Diversified Real Estate - General Rental & Leasing Services Travel Services