SPYU vs. SNAV ETF Comparison
Comparison of Bank Of Montreal MAX S&P 500 4X Leveraged ETNs due October 30, 2043 (SPYU) to Mohr Sector Nav ETF (SNAV)
SPYU
Bank Of Montreal MAX S&P 500 4X Leveraged ETNs due October 30, 2043
SPYU Description
The notes are intended to be daily trading tools for sophisticated investors to manage daily trading risks as part of an overall diversified portfolio. They are designed to achieve their stated investment objectives on a daily basis. The notes are designed to reflect a 4x leveraged long exposure to the performance of the index on a daily basis (as described below), before taking into account the negative effect of the Daily Investor Fee, the Daily Financing Charge and the Redemption Fee Amount, if applicable.
Grade (RS Rating)
Last Trade
$50.68
Average Daily Volume
757,173
1
SNAV
Mohr Sector Nav ETF
SNAV Description
The fund is an actively managed exchange traded fund that is managed by the adviser and designed for investors looking for long-term growth and who can tolerate large principal value fluctuations. The adviser seeks to achieve the fund"s investment objective by using a tactical approach to invest in the various industry sectors that are found in the S&P 500 Index.Grade (RS Rating)
Last Trade
$31.67
Average Daily Volume
42,929
4
Performance
Period | SPYU | SNAV |
---|---|---|
30 Days | 3.58% | 1.63% |
60 Days | 11.85% | 3.53% |
90 Days | 14.25% | 4.62% |
12 Months | 17.93% |
0 Overlapping Holdings
Symbol | Grade | Weight in SPYU | Weight in SNAV | Overlap |
---|
SPYU Overweight 1 Positions Relative to SNAV
Symbol | Grade | Weight | |
---|---|---|---|
SPXT | A | 100.0% |
SPYU: Top Represented Industries & Keywords
SNAV: Top Represented Industries & Keywords