IDAT vs. BULZ ETF Comparison

Comparison of Cloud Data Tech and Consumer ETF (IDAT) to MicroSectors FANG & Innovation 3x Leveraged ETN (BULZ)

IDAT

Cloud Data Tech and Consumer ETF

IDAT Description

The fund will invest at least 80% of its assets in the component securities of the index and in investments that have economic characteristics that are substantially identical to the component securities of the index and may invest up to 10% of its assets in certain futures, options and swap contracts, cash and cash equivalents. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$31.42

Average Daily Volume

695

Number of Holdings ^*

* may have additional holdings in another (foreign) market

BULZ

MicroSectors FANG & Innovation 3x Leveraged ETN

BULZ Description

BULZ provides daily 3x exposure to an index of FANG and technology companies that meet certain requirements. The fund will consistently comprise eight core components (Alphabet, Amazon, Apple, Facebook, Microsoft, Netflix, NVIDIA, and Tesla) and include seven companies determined through a selection methodology. Eligible securities must be listed on a US exchange, classified in the technology sector, and have a market cap of at least 10 billion USD. Selection will begin with ranking the securities by market cap and selecting the 30 largest companies which will then be sorted by 12-month average daily value traded. The top seven stocks will complete the index along with the eight core components and are then equally weighted. The index is rebalanced monthly and reconstituted quarterly. As a leveraged product with 3x factor that resets daily, BULZ is not a buy-and-hold investment and should not be expected to provide index leverage return greater than a one day period.

Grade (RS Rating)

Last Trade

$140.46

Average Daily Volume

105,312

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	IDAT	BULZ
30 Days	1.22%	1.19%
60 Days	1.80%	5.47%
90 Days	9.88%	25.74%
12 Months	39.35%	106.83%

5 Overlapping Holdings

Symbol	Grade	Weight in IDAT	Weight in BULZ	Overlap
AVGO	B	4.02%	6.67%	4.02%
INTC	C	1.14%	6.67%	1.14%
MU	C	3.01%	6.67%	3.01%
NVDA	B	6.3%	6.67%	6.3%
QCOM	D	2.76%	6.67%	2.76%

IDAT Overweight 29 Positions Relative to BULZ

Symbol	Grade	Weight
ANET	B	3.81%
PSTG	D	3.5%
MRVL	A	3.41%
WDC	C	2.96%
NTNX	B	2.93%
CIEN	B	2.89%
JNPR	A	2.75%
STX	D	2.63%
NXPI	C	2.53%
DD	D	2.39%
NET	B	2.36%
DDOG	B	2.28%
TWLO	A	2.1%
QRVO	F	2.09%
DT	B	2.05%
AMT	D	2.05%
MTSI	B	2.01%
SWKS	F	1.99%
SBAC	D	1.87%
CCI	D	1.85%
AKAM	D	1.82%
BDC	B	1.46%
LITE	A	1.4%
KD	D	1.26%
ESTC	D	1.1%
CFLT	A	1.01%
TDC	B	0.75%
GDS	B	0.69%
DIOD	F	0.68%

IDAT Underweight 10 Positions Relative to BULZ

Symbol	Grade	Weight
MSFT	D	-6.67%
GOOGL	A	-6.67%
CRM	A	-6.67%
TSLA	A	-6.67%
AMZN	A	-6.67%
AMD	F	-6.67%
ADBE	F	-6.67%
AAPL	C	-6.67%
NFLX	A	-6.67%
META	B	-6.67%