TAGS vs. BNKU ETF Comparison

Comparison of Teucrium Agricultural Fund ETV (TAGS) to MicroSectors U.S. Big Banks Index 3X Leveraged ETNs (BNKU)

TAGS

Teucrium Agricultural Fund ETV

TAGS Description

The Teucrium Agricultural Fund (NYSE: TAGS) provides investors exposure to four core agricultural commodities, namely, corn, wheat, soybeans, and sugar, without the need for a futures account. TAGS invests directly in shares of the following four Teucrium Funds: Teucrium Corn Fund, Teucrium Soybean Fund, Teucrium Sugar Fund and Teucrium Wheat Fund (the “Underlying Funds”). The Underlying Funds were designed to reduce the effects of backwardation and contango. The investment objective of the Fund is to have the daily changes in percentage terms of the Shares’ NAV reflect the daily changes in percentage terms of a weighted average (the “Underlying Fund Average”) of the NAVs per share of the Underlying Funds. The Fund seeks to achieve its investment objective by investing under normal market conditions in the publicly-traded shares of each Underlying Fund so that the Underlying Fund Average will have a weighting of 25% to each Underlying Fund, and the Fund’s assets will be rebalanced, generally on a daily basis, to maintain the approximate 25% allocation to each Underlying Fund.

Grade (RS Rating)

Last Trade

$26.71

Average Daily Volume

2,613

Number of Holdings ^*

4

* may have additional holdings in another (foreign) market

BNKU

MicroSectors U.S. Big Banks Index 3X Leveraged ETNs

BNKU Description

The investment seeks to reflect a 3x leveraged long exposure to the performance of the Solactive MicroSectorsTM U.S. Big Banks Index. The notes are senior unsecured medium-term notes issued by Bank of Montreal with a return linked to a three times 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 the 10 U.S. stocks with the largest market capitalization in the banking sector.

Grade (RS Rating)

Last Trade

$32.57

Average Daily Volume

251,887

Number of Holdings ^*

10

* may have additional holdings in another (foreign) market

Performance

Period	TAGS	BNKU
30 Days	-5.00%	6.89%
60 Days	-5.55%	8.28%
90 Days	-5.26%	12.89%
12 Months	-13.00%	99.33%

0 Overlapping Holdings

	Symbol	Grade	Weight in TAGS	Weight in BNKU	Overlap

TAGS Overweight 4 Positions Relative to BNKU

	Symbol	Grade	Weight
	CORN	F	25.35%
	SOYB	F	25.04%
	WEAT	D	24.91%
	CANE	C	24.68%

TAGS Underweight 10 Positions Relative to BNKU

	Symbol	Grade	Weight
	WFC	C	-10.0%
	USB	C	-10.0%
	TFC	B	-10.0%
	SCHW	C	-10.0%
	PNC	C	-10.0%
	MS	B	-10.0%
	JPM	A	-10.0%
	GS	A	-10.0%
	C	A	-10.0%
	BAC	A	-10.0%

TAGS: Top Represented Industries & Keywords

Industries:

Keywords: CBOT Commodity Markets Clearing Services ETF Exchange Traded Fund Futures Futures Exchanges Interest Rate Future Dalian Commodity Exchange Foods Futures Markets Kansas City Board Of Trade Maize Soybean Swaps Us Government Wheat

BNKU: Top Represented Industries & Keywords

Industries: Banks - Global Banks - Regional - US Capital Markets

Keywords: S&P 500 Bank Banking Investment Bank Cash Management Investment Banking Asset Management Services Brokerage Financial Advisory Services Financial Products Investment Management Services Investment Product Lending Products Portfolio Management Primary Dealers Trade Finance Transaction Services Wealth Management Asset Management Cash Management Services