SHNY vs. ARP ETF Comparison

Comparison of Bank Of Montreal MicroSectors Gold 3X Leveraged ETNs due January 29, 2043 (SHNY) to PMV Adaptive Risk Parity ETF (ARP)
SHNY

Bank Of Montreal MicroSectors Gold 3X Leveraged ETNs due January 29, 2043

SHNY Description

The investment seeks daily investment results, before fees and expenses, of 200% of the daily performance of the Solactive Global Silver Miners Index. The fund, under normal circumstances, invests at least 80% of its net assets (plus borrowing for investment purposes) in securities of the index, exchange-traded funds ("ETFs") that track the index and other financial instruments that provide daily leveraged exposure to the index or ETFs that track the index. The index is designed to measure broad based equity market performance of companies involved in the silver mining industry, as defined by Structured Solutions AG. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$42.14

Average Daily Volume

34,351

Number of Holdings *

1

* may have additional holdings in another (foreign) market
ARP

PMV Adaptive Risk Parity ETF

ARP Description The PMV Adaptive Risk Parity ETF (the “Fund”) is an actively managed fund that seeks to generate capital appreciation, with lower volatility and reduced correlation to the overall equity market, by taking advantage of broad asset class trends throughout the market cycle.

Grade (RS Rating)

Last Trade

$28.74

Average Daily Volume

2,872

Number of Holdings *

5

* may have additional holdings in another (foreign) market
Performance
Period SHNY ARP
30 Days -6.53% 0.06%
60 Days 2.29% 1.88%
90 Days 11.23% 4.16%
12 Months 81.86% 17.67%
0 Overlapping Holdings
Symbol Grade Weight in SHNY Weight in ARP Overlap
SHNY Overweight 1 Positions Relative to ARP
Symbol Grade Weight
GLD C 100.0%
SHNY Underweight 5 Positions Relative to ARP
Symbol Grade Weight
SHV B -19.78%
PHYS C -19.3%
QQQ A -5.21%
USDU B -2.98%
PDBC D -1.49%

SHNY: Top Represented Industries & Keywords

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