GUNZ vs. FNGS ETF Comparison

Comparison of Tuttle Capital Self Defense Index ETF (GUNZ) to MicroSectors FANG ETNs due January 8, 2038 (FNGS)

GUNZ

Tuttle Capital Self Defense Index ETF

GUNZ Description

GUNZ is the first ETF that seeks to offer a values-driven focus on US self-defense products and services. From a starting universe of US-listed stocks, the fund considers companies involved in the manufacture, service, supply, and distribution of personal and law enforcement defense equipment and protection services. To qualify, a company should be engaged in any of the following categories: (1) the manufacture, wholesale, or retail of firearms, ammunition, gun parts, or other personal and law enforcement defense equipment or (2) the manufacture of home security equipment or development of video surveillance and emergency management systems. The company selects stocks that meet market-cap and liquidity requirements. The portfolio is then weighted equally. The index is rebalanced and reconstituted on the last business day of every quarter.

Grade (RS Rating)

Last Trade

$28.19

Average Daily Volume

231

Number of Holdings ^*

* may have additional holdings in another (foreign) market

FNGS

MicroSectors FANG ETNs due January 8, 2038

FNGS Description

The investment seeks to link the return to the performance of the gross total return version of the NYSE® FANG+™ Index. 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. The notes are unsecured and unsubordinated obligations of Bank of Montreal. Each note will have an initial principal amount of $50.

Grade (RS Rating)

Last Trade

$53.72

Average Daily Volume

148,076

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	GUNZ	FNGS
30 Days	3.78%	4.27%
60 Days	5.42%	8.47%
90 Days		11.58%
12 Months		49.69%

0 Overlapping Holdings

	Symbol	Grade	Weight in GUNZ	Weight in FNGS	Overlap

GUNZ Overweight 18 Positions Relative to FNGS

Symbol	Grade	Weight
PLTR	B	8.42%
AXON	A	7.97%
REZI	A	6.83%
JCI	B	6.07%
ALRM	C	5.7%
TDY	B	5.61%
ADTN	B	5.5%
OSIS	A	5.42%
ARLO	C	5.1%
ALLE	D	5.09%
SWBI	D	5.07%
OLN	F	5.01%
NSSC	F	4.84%
RGR	F	4.77%
FBIN	D	4.6%
BGFV	F	4.49%
ASO	F	4.29%
POWW	F	4.04%

GUNZ Underweight 10 Positions Relative to FNGS

Symbol	Grade	Weight
CRWD	B	-10.78%
AVGO	D	-10.17%
NOW	B	-10.11%
META	C	-10.02%
AAPL	C	-9.93%
AMZN	B	-9.87%
NVDA	A	-9.83%
GOOGL	B	-9.83%
NFLX	A	-9.75%
MSFT	D	-9.7%