USSE vs. FNGO ETF Comparison

Comparison of Segall Bryant & Hamill Select Equity ETF (USSE) to MicroSectors FANG Index 2X Leveraged ETNs due January 8, 2038 (FNGO)

USSE

Segall Bryant & Hamill Select Equity ETF

USSE Description

Under normal circumstances, the fund will invest at least 80% of its net assets, plus any borrowings for investment purposes, in securities of companies whose stock is traded on U.S. markets, including depositary receipts (ADRs) or shares issued by companies incorporated outside of the United States. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$32.68

Average Daily Volume

35,543

Number of Holdings ^*

* may have additional holdings in another (foreign) market

FNGO

MicroSectors FANG Index 2X Leveraged ETNs due January 8, 2038

FNGO Description

The investment seeks to approximate the returns that might be available to investors through a leveraged ¿long¿ investment in the NYSE FANG+¿ Index (the index). The notes are senior unsecured medium-term notes issued by Bank of Montreal with a return linked to a 2X 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 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

$82.89

Average Daily Volume

20,254

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	USSE	FNGO
30 Days	4.31%	6.49%
60 Days	5.73%	15.17%
90 Days	7.54%	18.35%
12 Months	28.39%	97.45%

3 Overlapping Holdings

Symbol	Grade	Weight in USSE	Weight in FNGO	Overlap
AAPL	C	4.52%	9.93%	4.52%
MSFT	D	8.33%	9.7%	8.33%
NOW	A	5.88%	10.11%	5.88%

USSE Overweight 17 Positions Relative to FNGO

Symbol	Grade	Weight
GOOG	C	6.91%
V	A	5.83%
PWR	A	5.63%
PANW	B	5.23%
RGA	A	5.13%
UNH	B	4.89%
FICO	B	4.75%
JPM	A	4.65%
TJX	A	4.58%
ARES	A	4.57%
MRVL	B	4.57%
GL	C	4.42%
CDNS	B	4.16%
NVO	F	3.78%
ORLY	B	3.61%
STE	D	3.47%
ZBRA	B	3.4%

USSE Underweight 7 Positions Relative to FNGO

Symbol	Grade	Weight
CRWD	B	-10.78%
AVGO	D	-10.17%
META	D	-10.02%
AMZN	C	-9.87%
NVDA	B	-9.83%
GOOGL	C	-9.83%
NFLX	A	-9.75%