NWLG vs. FNGO ETF Comparison

Comparison of Nuveen Winslow Large-Cap Growth ESG ETF (NWLG) to MicroSectors FANG Index 2X Leveraged ETNs due January 8, 2038 (FNGO)

NWLG

Nuveen Winslow Large-Cap Growth ESG ETF

NWLG Description

The investment seeks to provide long-term capital appreciation. The fund invests primarily in exchange-traded equity securities of large-cap U.S. companies that exhibit ESG characteristics. It invests at least 80% of the sum of its net assets and the amount of any borrowings for investment purposes in exchange-traded equity securities of companies with large capitalizations at the time of purchase. The fund may invest up to 20% of its net assets in non-U.S. equity securities listed on a foreign exchange that trade on such exchange contemporaneously with the shares of the fund.

Grade (RS Rating)

Last Trade

$33.65

Average Daily Volume

821

Number of Holdings ^*

* may have additional holdings in another (foreign) market

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

$83.33

Average Daily Volume

20,207

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	NWLG	FNGO
30 Days	3.69%	12.61%
60 Days	5.11%	16.24%
90 Days	6.29%	18.98%
12 Months	36.57%	98.51%

8 Overlapping Holdings

Symbol	Grade	Weight in NWLG	Weight in FNGO	Overlap
AAPL	C	5.8%	9.93%	5.8%
AMZN	C	8.8%	9.87%	8.8%
AVGO	D	2.73%	10.17%	2.73%
GOOGL	C	3.26%	9.83%	3.26%
MSFT	F	12.09%	9.7%	9.7%
NFLX	A	2.02%	9.75%	2.02%
NOW	A	1.92%	10.11%	1.92%
NVDA	C	9.85%	9.83%	9.83%

NWLG Overweight 34 Positions Relative to FNGO

Symbol	Grade	Weight
TT	A	2.84%
GOOG	C	2.8%
MA	C	2.79%
SPOT	B	2.61%
ISRG	A	2.42%
WDAY	B	2.31%
INTU	C	2.1%
KKR	A	2.07%
ORCL	B	2.06%
BKNG	A	2.04%
MELI	D	1.91%
LLY	F	1.89%
GE	D	1.85%
FICO	B	1.81%
CMG	B	1.6%
SHOP	B	1.44%
ANET	C	1.4%
AMD	F	1.28%
LRCX	F	1.27%
SYK	C	1.2%
ASML	F	1.2%
ORLY	B	1.2%
APH	A	1.15%
FI	A	1.14%
TXN	C	1.12%
HLT	A	1.04%
BSX	B	0.99%
SNPS	B	0.99%
VMC	B	0.96%
ECL	D	0.96%
WCN	A	0.9%
ALNY	D	0.85%
ADBE	C	0.81%
UBER	D	0.5%

NWLG Underweight 2 Positions Relative to FNGO

	Symbol	Grade	Weight
	CRWD	B	-10.78%
	META	D	-10.02%