FNGU vs. SPAM ETF Comparison

Comparison of BMO REX MicroSectors FANG Index 3X Leveraged Exchange Traded Notes (FNGU) to Themes Cybersecurity ETF (SPAM)

FNGU

BMO REX MicroSectors FANG Index 3X Leveraged Exchange Traded Notes

FNGU Description

The investment seeks return linked to a three times 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

$511.05

Average Daily Volume

760,599

Number of Holdings ^*

* may have additional holdings in another (foreign) market

SPAM

Themes Cybersecurity ETF

SPAM Description

The index is designed to provide exposure to companies that have business operations in the cybersecurity industry. The fund will invest, under normal circumstances, at least 80% of its net assets, plus the amount of any borrowings for investment purposes, in securities that comprise the index and in American Depositary Receipts ("ADRs") and Global Depositary Receipts ("GDRs") based on the securities in the index. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$29.20

Average Daily Volume

527

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	FNGU	SPAM
30 Days	7.13%	-2.35%
60 Days	15.33%	2.84%
90 Days	13.62%	2.75%
12 Months	146.18%

1 Overlapping Holdings

	Symbol	Grade	Weight in FNGU	Weight in SPAM	Overlap
	CRWD	B	10.78%	5.06%	5.06%

FNGU Overweight 9 Positions Relative to SPAM

Symbol	Grade	Weight
AVGO	C	10.17%
NOW	B	10.11%
META	C	10.02%
AAPL	C	9.93%
AMZN	B	9.87%
NVDA	B	9.83%
GOOGL	B	9.83%
NFLX	A	9.75%
MSFT	D	9.7%

FNGU Underweight 20 Positions Relative to SPAM

Symbol	Grade	Weight
QLYS	C	-5.43%
FTNT	B	-5.34%
ZS	B	-4.96%
ALRM	C	-4.96%
BAH	D	-4.86%
S	C	-4.78%
CACI	C	-4.76%
PANW	B	-4.75%
RPD	C	-4.55%
CYBR	A	-4.51%
OKTA	D	-4.46%
TENB	D	-4.41%
VRNS	F	-3.86%
CHKP	D	-3.79%
YOU	D	-3.57%
ATEN	A	-2.93%
RDWR	A	-1.91%
OSPN	B	-1.51%
CHGX	B	-0.69%
FSLY	D	-0.43%