BULZMicroSectors Solactive FANG Innovation 3X Leveraged ETNs

Take a bet5y track recordRanked #50 of 995 in this goal

Seeks to provide returns linked to the Solactive FANG Innovation Index with 3X leverage.

By BMO Capital Markets · Launched 2021

Annual Cost

0.95%

#5,033 of 6,040 · expensive

Fund Size

$3.2B

#595 of 6,040 · large

Return (1Y)

+71.9%

Track Record

5 years

#2,399 of 6,040 · seasoned

Performance

Total-return NAV · USD

Growth of $10,000

$17,445+74.5%

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

Leveraged

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)

87.7%High

Year-on-year price swings

Max drawdown

-94.4%Severe

Worst peak-to-trough loss

Sharpe (3Y)

1.05Strong risk-adjusted returns

Sortino (3Y)

1.53Good downside protection

Listing

Exchange: NYSE Arca

Full fund details

Objective: Seeks to provide returns linked to the Solactive FANG Innovation Index with 3X leverage.
Strategy: Offers 3X leveraged exposure to the Solactive FANG Innovation Index, which includes large, tech-enabled companies listed in the U.S. The index is composed of 15 highly liquid stocks focused on building tomorrow's technology today.
Inception date: August 17, 2021
Fund family: BMO Capital Markets