FNGD vs. FDND ETF Comparison
Comparison of BMO REX MicroSectors FANG Index -3X Inverse Leveraged Exchange Traded Notes (FNGD) to FT Vest Dow Jones Internet & Target Income ETF (FDND)
FNGD
BMO REX MicroSectors FANG Index -3X Inverse Leveraged Exchange Traded Notes
FNGD Description
The investment seeks return linked to a three times inverse leveraged participation in the daily performance of the NYSE Fang+™ Index, total return (the “index”). The notes are intended to be daily trading tools for sophisticated investors to manage daily trading risks as part of an overall diversified portfolio. The index is an equal-dollar weighted index designed to represent a segment of the technology and consumer discretionary sectors consisting of highly-traded growth stocks of technology and tech-enabled companies.
Grade (RS Rating)
Last Trade
$17.74
Average Daily Volume
1,991,512
10
FDND
FT Vest Dow Jones Internet & Target Income ETF
FDND Description
FDND aims to provide income at an annual rate of 8%, before fees and expenses, over the annual dividend yield of the Nasdaq-100 Index. The income stems from dividends from individual equity positions and premiums from selling naked call options. However, there is no guarantee the fund will deliver the target income. The portfolio manager actively selects 40 of the largest and most liquid US internet companies, which includes firms in the internet commerce and internet services sub-industries. Each week, FDND attempts to bridge the difference between the dividend income of its equity portfolio and its target distribution by selling at-the-money, naked call options on the Nasdaq-100 Index or related ETFs. The income from dividends and option premiums are expected to be distributed monthly. Investors should note that naked call writing, or selling call options without owning the underlying asset, is a high-risk options strategy.Grade (RS Rating)
Last Trade
$21.47
Average Daily Volume
1,335
41
Performance
Period | FNGD | FDND |
---|---|---|
30 Days | -12.61% | 6.05% |
60 Days | -24.29% | 13.69% |
90 Days | -24.54% | 17.58% |
12 Months | -74.69% |
FNGD Underweight 36 Positions Relative to FDND
Symbol | Grade | Weight | |
---|---|---|---|
CRM | A | -7.54% | |
BKNG | A | -4.98% | |
CSCO | B | -4.45% | |
GOOG | B | -4.41% | |
ANET | C | -4.25% | |
PYPL | A | -4.25% | |
ABNB | C | -2.86% | |
DASH | B | -2.82% | |
WDAY | B | -2.75% | |
CPRT | A | -2.45% | |
DDOG | B | -2.02% | |
TEAM | A | -1.93% | |
HUBS | A | -1.74% | |
VEEV | C | -1.63% | |
EBAY | D | -1.49% | |
NET | C | -1.38% | |
RBLX | B | -1.37% | |
CVNA | A | -1.33% | |
GDDY | A | -1.26% | |
ZM | B | -1.03% | |
DKNG | B | -0.97% | |
PINS | F | -0.86% | |
NTNX | A | -0.85% | |
DOCU | A | -0.79% | |
VRSN | D | -0.75% | |
AKAM | F | -0.67% | |
JNPR | D | -0.61% | |
OKTA | D | -0.59% | |
PAYC | B | -0.55% | |
CIEN | B | -0.49% | |
CFLT | C | -0.36% | |
SMAR | A | -0.36% | |
DBX | C | -0.31% | |
MARA | B | -0.3% | |
BOX | B | -0.24% | |
ZI | D | -0.15% |
FNGD: Top Represented Industries & Keywords
FDND: Top Represented Industries & Keywords