RND vs. FNGD ETF Comparison

Comparison of First Trust Bloomberg R&D Leaders ETF (RND) to BMO REX MicroSectors FANG Index -3X Inverse Leveraged Exchange Traded Notes (FNGD)

RND

First Trust Bloomberg R&D Leaders ETF

RND Description

Under normal market conditions, the fund will invest at least 80% of its net assets (plus any borrowings for investment purposes) in the securities that comprise the index. According to the index provider, the index is designed to track the performance of companies that seek to return implicit value to shareholders by reinvesting in their own growth. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$23.84

Average Daily Volume

1,031

Number of Holdings ^*

* may have additional holdings in another (foreign) market

FNGD

BMO REX MicroSectors FANG Index -3X Inverse Leveraged Exchange Traded Notes

FNGD Description

The investment seeks return linked to a three times inverse 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

$17.74

Average Daily Volume

1,991,512

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	RND	FNGD
30 Days	1.81%	-12.61%
60 Days	5.23%	-24.29%
90 Days	6.53%	-24.54%
12 Months		-74.69%

9 Overlapping Holdings

Symbol	Grade	Weight in RND	Weight in FNGD	Overlap
AAPL	C	7.36%	9.39%	7.36%
AMD	F	1.01%	10.03%	1.01%
AMZN	B	8.5%	9.35%	8.5%
GOOGL	B	8.22%	8.74%	8.22%
META	C	3.9%	12.53%	3.9%
MSFT	D	7.46%	8.84%	7.46%
NFLX	A	4.25%	9.65%	4.25%
NVDA	B	9.25%	10.66%	9.25%
TSLA	B	4.28%	11.71%	4.28%

RND Overweight 40 Positions Relative to FNGD

Symbol	Grade	Weight
AVGO	C	4.02%
LLY	F	3.41%
CAT	B	2.87%
ISRG	A	2.69%
BKNG	A	2.4%
UBER	C	2.12%
ETN	A	2.08%
VRTX	C	1.86%
BSX	B	1.84%
GILD	B	1.76%
DE	D	1.52%
BA	F	1.35%
REGN	F	1.28%
ORCL	A	1.24%
ZTS	D	1.06%
ADBE	F	0.92%
CARR	D	0.91%
CSCO	B	0.89%
NOW	B	0.87%
TTD	B	0.85%
TXN	C	0.82%
DASH	B	0.8%
INTU	A	0.77%
CMI	A	0.69%
AMAT	F	0.67%
KVUE	A	0.64%
MSCI	A	0.63%
PANW	B	0.52%
MU	D	0.52%
ANET	C	0.44%
LRCX	F	0.43%
SNPS	C	0.37%
MRVL	B	0.34%
CDNS	B	0.34%
MSI	A	0.33%
CRWD	B	0.31%
ADSK	B	0.27%
NXPI	F	0.25%
WDAY	B	0.22%
FTNT	A	0.22%

RND Underweight 1 Positions Relative to FNGD

	Symbol	Grade	Weight
	SNOW	C	-9.1%

RND: Top Represented Industries & Keywords

Industries: Software - Application Semiconductors Software - Infrastructure Biotechnology Communication Equipment Drug Manufacturers - Major Farm & Construction Equipment Internet Content & Information Semiconductor Equipment & Materials Aerospace & Defense Auto Manufacturers Building Products & Equipment Capital Markets Computer Systems Consumer Electronics Diversified Industrials Drug Manufacturers - Specialty & Generic Household & Personal Products Internet Content & Information Media - Diversified