FLYU vs. UTRN ETF Comparison

Comparison of Bank of Montreal MicroSectors Travel 3x Leveraged ETN (FLYU) to Vesper US Large Cap Short-Term Reversal Strategy ETF (UTRN)

FLYU

Bank of Montreal MicroSectors Travel 3x Leveraged ETN

FLYU 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

$40.02

Average Daily Volume

4,472

Number of Holdings ^*

10

* may have additional holdings in another (foreign) market

UTRN

Vesper US Large Cap Short-Term Reversal Strategy ETF

UTRN Description

The investment seeks to provide investment results that, before fees and expenses, correspond generally to the total return performance of the Vesper U.S. Large Cap Short-Term Reversal Index (the 'index'). The fund will normally invest at least 80% of its total assets in securities of the index. The index is designed to measure the performance of a portfolio of 25 stocks selected from the S&P 500 that Vesper Capital Management, LLC believes will most likely benefit from the "short-term reversal" effect, as determined by applying a proprietary algorithm ("Chow's Ratio" or "Algorithm").

Grade (RS Rating)

Last Trade

$30.16

Average Daily Volume

2,119

Number of Holdings ^*

24

* may have additional holdings in another (foreign) market

Performance

Period	FLYU	UTRN
30 Days	22.65%	4.69%
60 Days	-1.06%	8.06%
90 Days	-6.49%	13.71%
12 Months	28.21%	33.98%

1 Overlapping Holdings

	Symbol	Grade	Weight in FLYU	Weight in UTRN	Overlap
	MAR	C	3.83%	3.98%	3.83%

FLYU Overweight 9 Positions Relative to UTRN

	Symbol	Grade	Weight
	UBER	C	14.14%
	DIS	D	13.2%
	BKNG	B	9.4%
	ABNB	D	7.98%
	CCL	C	5.23%
	AAL	D	4.73%
	DAL	C	4.29%
	UAL	C	3.91%
	RCL	A	3.43%

FLYU Underweight 23 Positions Relative to UTRN

	Symbol	Grade	Weight
	BXP	B	-4.18%
	ETR	A	-4.1%
	TT	A	-4.06%
	CAT	B	-4.05%
	TGT	C	-4.05%
	CSCO	B	-4.05%
	ETN	C	-4.02%
	BKR	C	-4.02%
	BALL	C	-4.02%
	KMI	A	-4.01%
	AIZ	B	-3.97%
	BBY	C	-3.96%
	EQT	D	-3.96%
	CTLT	B	-3.93%
	CPRT	D	-3.93%
	IFF	C	-3.93%
	K	A	-3.93%
	VLTO	B	-3.92%
	JNPR	A	-3.91%
	VRSN	D	-3.91%
	A	C	-3.91%
	IPG	C	-3.91%
	CL	C	-3.88%

FLYU: Top Represented Industries & Keywords

Industries: Airlines Leisure Internet Content & Information Lodging Media - Diversified Software - Application Travel Services

Keywords: S&P 500 Aviation Nasdaq 100 Opentravel Alliance Cruise Lines Gig Economy Hospitality Industry Sharing Economy Transport Travel Water Transport Accenture Advertising Services Air Transportation Air Transportation Services Airbnb Aircraft Management Airline Airline Industry Airport

UTRN: Top Represented Industries & Keywords

Industries: Communication Equipment Specialty Industrial Machinery Advertising Agencies Auto & Truck Dealerships Diagnostics & Research Discount Stores Drug Manufacturers - Specialty & Generic Farm & Construction Equipment Household & Personal Products Insurance - Diversified Internet Content & Information Lodging Oil & Gas E&P Oil & Gas Equipment & Services Oil & Gas Midstream Packaged Foods Packaging & Containers Pollution & Treatment Controls REIT - Office Specialty Chemicals

Keywords: S&P 500 Nasdaq 100 Information And Communications Technology Petroleum Industry Computer Software Computing Consumer Electronics Consumer Products Crude Oil Detergent Distribution Center Dow Jones Component Electronics Firewall Forestry Insurance Mining Mobile Phone Natural Gas Natural Gas Liquids