BERZMicroSectors Solactive FANG & Innovation -3X Inverse Leveraged ETNs

Take a bet5y track recordRanked #401 of 995 in this goal

Seeks daily investment results that correspond to -3X the daily performance of the Solactive FANG Innovation Index.

By BMO Capital Markets · Launched 2021

Annual Cost

0.95%

#5,033 of 6,040 · expensive

Fund Size

$7M

#5,146 of 6,040 · small

Return (1Y)

-76.9%

Track Record

5 years

#2,399 of 6,040 · seasoned

Performance

Total-return NAV · USD

Growth of $10,000

$2,284-77.2%

Total-return NAV, USD. Net of fund fees, before tax.

What's inside

How Beacon categorizes this fund

Asset class

Equity

Region

North america

Strategy

Inverse

Index tracked

Solactive FANG Innovation Index

Holdings

By weight

Concentration

synthetic exposure — holdings shown are derivatives collateral, not the fund's positions

Microsoft CorpMSFT

7.0%

Meta Platforms Inc Class AMETA

7.0%

Palantir Technologies Inc Ordinary Shares - Class APLTR

6.8%

Apple IncAAPL

6.8%

Amazon.com IncAMZN

6.8%

Oracle CorpORCL

6.8%

Netflix IncNFLX

6.8%

NVIDIA CorpNVDA

6.7%

Alphabet Inc Class AGOOGL

6.6%

Broadcom IncAVGO

6.6%

Asset allocation

Stocks

100.0%

By sector

Technology

66.4%

Communication

20.4%

Consumer Cyclical

13.2%

Risk profile

Last 12 months · Sharpe & Sortino need 3+ years

Volatility (1Y)

89.0%High

Year-on-year price swings

Max drawdown

-99.8%Severe

Worst peak-to-trough loss

Sharpe (3Y)

-1.28Below average

Sortino (3Y)

-1.72Moderate downside risk

Listing

Exchange: NYSE Arca

Full fund details

Objective: Seeks daily investment results that correspond to -3X the daily performance of the Solactive FANG Innovation Index.
Strategy: Invests in a leveraged inverse strategy linked to the Solactive FANG Innovation Index, which includes large, tech-enabled U.S. companies. Designed for daily trading, not suitable for long-term holding.
Inception date: August 17, 2021
Fund family: BMO Capital Markets