SMHX vs. FNGU ETF Comparison

Comparison of VanEck Fabless Semiconductor ETF (SMHX) to BMO REX MicroSectors FANG Index 3X Leveraged Exchange Traded Notes (FNGU)

SMHX

VanEck Fabless Semiconductor ETF

SMHX Description

The fund normally invests at least 80% of its total assets in securities that comprise the fund"s benchmark index. The Fabless Index is composed of U.S.-listed common stocks of companies that derive at least 50% of their revenues from the semiconductor industry and operate as fabless semiconductor companies. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$27.47

Average Daily Volume

30,347

Number of Holdings ^*

* may have additional holdings in another (foreign) market

FNGU

BMO REX MicroSectors FANG Index 3X Leveraged Exchange Traded Notes

FNGU Description

The investment seeks return linked to a three times 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

$509.00

Average Daily Volume

746,319

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	SMHX	FNGU
30 Days	3.55%	17.79%
60 Days	9.75%	23.35%
90 Days		25.83%
12 Months		148.90%

2 Overlapping Holdings

	Symbol	Grade	Weight in SMHX	Weight in FNGU	Overlap
	AVGO	D	14.4%	10.17%	10.17%
	NVDA	C	22.39%	9.83%	9.83%

SMHX Overweight 19 Positions Relative to FNGU

Symbol	Grade	Weight
SNPS	B	5.08%
MRVL	B	4.87%
CDNS	B	4.6%
QCOM	F	4.39%
AMD	F	4.13%
ARM	D	3.9%
RMBS	C	3.62%
CRUS	D	2.98%
LSCC	D	2.92%
PI	D	2.72%
MPWR	F	2.57%
POWI	D	2.25%
SLAB	D	1.89%
AMBA	B	1.67%
SIMO	D	1.55%
ALGM	D	1.54%
SITM	B	1.47%
SYNA	C	1.47%
SMTC	B	1.4%

SMHX Underweight 8 Positions Relative to FNGU

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