GSIB vs. BNKU ETF Comparison

Comparison of Themes Global Systemically Important Banks ETF (GSIB) to MicroSectors U.S. Big Banks Index 3X Leveraged ETNs (BNKU)

GSIB

Themes Global Systemically Important Banks ETF

GSIB Description

The fund is an actively managed exchange-traded fund ("ETF") that will invest in the equity securities of companies that operate in the global banking sector. Under normal circumstances, the fund will invest at least 80% of its net assets, plus the amount of any borrowings for investment purposes, in securities that are part of the global banking sector and in American Depositary Receipts ("ADRs") and Global Depositary Receipts ("GDRs") that represent such companies in the banking sector. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$29.86

Average Daily Volume

1,652

Number of Holdings ^*

8

* may have additional holdings in another (foreign) market

BNKU

MicroSectors U.S. Big Banks Index 3X Leveraged ETNs

BNKU Description

The investment seeks to reflect a 3x leveraged long exposure to the performance of the Solactive MicroSectorsTM U.S. Big Banks Index. The notes are senior unsecured medium-term notes issued by Bank of Montreal with a return linked to a three times 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 the 10 U.S. stocks with the largest market capitalization in the banking sector.

Grade (RS Rating)

Last Trade

$36.13

Average Daily Volume

264,393

Number of Holdings ^*

10

* may have additional holdings in another (foreign) market

Performance

Period	GSIB	BNKU
30 Days	0.08%	18.50%
60 Days	-0.57%	14.37%
90 Days	5.17%	22.23%
12 Months		79.48%

1 Overlapping Holdings

	Symbol	Grade	Weight in GSIB	Weight in BNKU	Overlap
	C	B	3.69%	10.0%	3.69%

GSIB Overweight 7 Positions Relative to BNKU

	Symbol	Grade	Weight
	MUFG	B	3.89%
	MFG	A	3.83%
	SMFG	A	3.76%
	RY	B	3.64%
	ING	C	3.6%
	STT	B	3.6%
	TD	C	3.59%

GSIB Underweight 9 Positions Relative to BNKU

	Symbol	Grade	Weight
	WFC	C	-10.0%
	USB	B	-10.0%
	TFC	B	-10.0%
	SCHW	F	-10.0%
	PNC	B	-10.0%
	MS	B	-10.0%
	JPM	B	-10.0%
	GS	B	-10.0%
	BAC	C	-10.0%

GSIB: Top Represented Industries & Keywords

Industries: Banks - Global Asset Management Banks - Regional - Asia

Keywords: Bank Banking Cash Management Investment Banking Advisory Services Commercial Banking Financial Products Trade Finance Insurance Investment Bank Investment Banking Services Investment Product Securities Services Structured Finance Wealth Management Asset And Liability Management Asset Management Asset Management Products Asset Management Services Consumer Finance

BNKU: Top Represented Industries & Keywords

Industries: Banks - Global Banks - Regional - US Capital Markets

Keywords: S&P 500 Bank Banking Investment Bank Cash Management Investment Banking Asset Management Services Brokerage Financial Advisory Services Financial Products Investment Management Services Investment Product Lending Products Portfolio Management Primary Dealers Trade Finance Transaction Services Wealth Management Asset Management Cash Management Services