WTID vs. FXZ ETF Comparison

Comparison of Bank Of Montreal MicroSectors Energy 3X Inverse Leveraged ETNs (WTID) to First Trust Materials AlphaDEX Fund (FXZ)

WTID

Bank Of Montreal MicroSectors Energy 3X Inverse Leveraged ETNs

WTID Description

The investment seeks to provide a three times leveraged inverse exposure to changes in the level of the Bloomberg WTI Crude Oil Subindex ERSM. The index is designed to measure the return from a rolling long position in WTI crude oil futures contracts that trade on major U.S. exchanges.

Grade (RS Rating)

Last Trade

$15.15

Average Daily Volume

949

Number of Holdings ^*

* may have additional holdings in another (foreign) market

FXZ

First Trust Materials AlphaDEX Fund

FXZ Description

The investment seeks investment results that correspond generally to the price and yield (before the fund's fees and expenses) of an equity index called the StrataQuant(R) Materials Index. The fund will normally invest at least 90% of its net assets in common stocks that comprise the index. The index is a modified equal-dollar weighted index designed by NYSE Euronext to objectively identify and select stocks from the Russell 1000(R) Index in the materials and processing sector that may generate positive alpha relative to traditional passive-style indices through the use of the AlphaDEX(R) selection methodology. It is non-diversified.

Grade (RS Rating)

Last Trade

$65.36

Average Daily Volume

26,383

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	WTID	FXZ
30 Days	-18.06%	-1.15%
60 Days	-16.03%	0.51%
90 Days	-10.11%	0.34%
12 Months	-34.53%	5.93%

0 Overlapping Holdings

	Symbol	Grade	Weight in WTID	Weight in FXZ	Overlap

WTID Overweight 10 Positions Relative to FXZ

Symbol	Grade	Weight
XOM	B	15.0%
CVX	A	15.0%
COP	C	12.36%
OXY	D	9.69%
MPC	D	7.85%
VLO	C	7.49%
EOG	A	6.48%
PSX	C	6.04%
DVN	F	5.38%
EQT	B	5.36%

WTID Underweight 36 Positions Relative to FXZ

Symbol	Grade	Weight
STLD	B	-5.6%
RS	B	-5.43%
X	C	-5.13%
NUE	C	-4.95%
LYB	F	-4.36%
FMC	D	-4.18%
CF	B	-4.11%
NEU	C	-4.03%
MOS	F	-3.99%
EMN	D	-3.68%
TKR	D	-3.63%
IP	B	-3.58%
ASH	D	-3.58%
CLF	F	-3.5%
APD	A	-3.24%
RGLD	C	-3.04%
ECL	D	-2.92%
CC	C	-2.82%
CE	F	-2.75%
OLN	D	-2.62%
WLK	D	-2.56%
FAST	B	-2.32%
ESI	A	-2.09%
LIN	D	-1.91%
AVY	D	-1.81%
SCCO	F	-1.75%
FCX	D	-1.73%
HUN	F	-1.64%
AA	B	-1.01%
ALB	C	-0.97%
RBC	A	-0.93%
MP	B	-0.92%
HXL	D	-0.85%
SMG	D	-0.76%
IFF	D	-0.73%
NEM	D	-0.68%

WTID: Top Represented Industries & Keywords

Industries: Oil & Gas E&P Oil & Gas Refining & Marketing Oil & Gas Integrated