FNGO vs. IGV ETF Comparison

Comparison of MicroSectors FANG Index 2X Leveraged ETNs due January 8, 2038 (FNGO) to iShares Expanded Tech-Software Sector ETF (IGV)
FNGO

MicroSectors FANG Index 2X Leveraged ETNs due January 8, 2038

FNGO Description

The investment seeks to approximate the returns that might be available to investors through a leveraged ¿long¿ investment in the NYSE FANG+¿ Index (the index). The notes are senior unsecured medium-term notes issued by Bank of Montreal with a return linked to a 2X leveraged participation in the performance of the index, compounded daily, less a Daily Investor Fee, the Daily Financing Charge and, if applicable, the Redemption Fee Amount. 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

$83.25

Average Daily Volume

20,262

Number of Holdings *

10

* may have additional holdings in another (foreign) market
IGV

iShares Expanded Tech-Software Sector ETF

IGV Description The investment seeks investment results that correspond generally to the price and yield performance, before fees and expenses, of the S&P North American Technology Software IndexTM (the "underlying index"). 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. The underlying index measures the performance of U.S.-traded stocks of software-related companies in the United States and Canada. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$104.67

Average Daily Volume

3,654,633

Number of Holdings *

109

* may have additional holdings in another (foreign) market
Performance
Period FNGO IGV
30 Days 7.35% 11.95%
60 Days 15.23% 15.82%
90 Days 21.93% 20.30%
12 Months 97.97% 36.11%
3 Overlapping Holdings
Symbol Grade Weight in FNGO Weight in IGV Overlap
CRWD B 10.78% 2.79% 2.79%
MSFT D 9.7% 7.19% 7.19%
NOW B 10.11% 7.13% 7.13%
FNGO Overweight 7 Positions Relative to IGV
Symbol Grade Weight
AVGO D 10.17%
META C 10.02%
AAPL C 9.93%
AMZN B 9.87%
NVDA A 9.83%
GOOGL B 9.83%
NFLX A 9.75%
FNGO Underweight 106 Positions Relative to IGV
Symbol Grade Weight
CRM B -9.42%
ORCL A -8.34%
ADBE D -6.5%
PANW A -4.35%
PLTR B -4.17%
INTU B -4.13%
SNPS C -2.94%
CDNS B -2.91%
ADSK A -2.31%
APP B -2.13%
ROP C -2.12%
FTNT B -2.1%
WDAY C -2.02%
MSTR B -2.0%
FICO A -1.99%
DDOG A -1.43%
TEAM B -1.39%
EA A -1.38%
HUBS A -1.25%
TTWO A -1.04%
ANSS B -1.04%
TYL B -0.92%
PTC B -0.8%
ZM B -0.76%
ZS C -0.68%
NTNX B -0.61%
MANH D -0.6%
DOCU B -0.58%
GWRE A -0.57%
GEN B -0.57%
DT D -0.56%
SNAP D -0.4%
IOT A -0.36%
BILL A -0.3%
S C -0.28%
PCOR C -0.27%
ESTC C -0.27%
SMAR A -0.27%
BSY D -0.26%
CVLT A -0.26%
GTLB B -0.25%
CFLT B -0.25%
DBX C -0.23%
AZPN A -0.23%
SPSC D -0.23%
MARA B -0.22%
ALTR B -0.22%
VRNS D -0.21%
QTWO A -0.21%
CWAN B -0.2%
PATH C -0.2%
ACIW B -0.2%
AUR C -0.19%
APPF C -0.19%
U C -0.19%
QLYS C -0.19%
HCP B -0.18%
WK C -0.17%
CCCS B -0.17%
TENB D -0.17%
BOX B -0.17%
IDCC B -0.16%
DLB B -0.15%
PEGA B -0.14%
NCNO B -0.13%
BLKB C -0.12%
CLSK C -0.12%
ZETA D -0.12%
RNG C -0.11%
BL C -0.11%
RIOT C -0.11%
INTA A -0.1%
DV C -0.1%
TDC D -0.1%
PRGS B -0.1%
AI B -0.1%
FIVN C -0.1%
FRSH C -0.1%
ALRM C -0.1%
YOU D -0.09%
VERX A -0.09%
RPD C -0.09%
ENV B -0.09%
AGYS A -0.09%
BRZE C -0.08%
ALKT B -0.08%
PD C -0.07%
RAMP C -0.07%
VYX B -0.07%
AVPT A -0.06%
MTTR B -0.05%
ZUO B -0.05%
SPT C -0.05%
VRNT D -0.05%
APPN C -0.05%
PRO C -0.04%
ASAN C -0.04%
ATEN A -0.04%
ADEA D -0.04%
SWI B -0.03%
NABL F -0.03%
CXM C -0.03%
JAMF F -0.03%
SEMR C -0.02%
MLNK C -0.02%
ETWO F -0.02%
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