TRAVEL

FANG & Innovation

EXCHANGE TRADED NOTES

The MSectors™ FANG & Innovation lineup of exchange traded notes provides +3x leveraged exposure and -3x inverse leveraged exposure to the performance of the Solactive FANG Innovation Index. 

LEARN MORE ABOUT BMO ETNs
SYMBOL

BULZ

SYMBOL

BERZ

WHAT IS THE FANG INNOVATION INDEX?

The Solactive FANG Innovation Index includes 15 highly liquid stocks focused on building tomorrow’s technology today. These large, tech-enabled equity securities are all listed and domiciled in the U.S.

The Index is comprised of eight core-components Apple (AAPL), Amazon (AMZN), Meta Platforms (META), Alphabet (GOOGL), Microsoft (MSFT), Netflix (NFLX), NVIDIA (NVDA), Tesla (TSLA) AND the seven top traded names across the following FactSet Industries:

  • Semiconductors
  • Electronic Components
  • Electronic Equipment/Instruments
  • Telecommunications Equipment
  • Computer Processing Hardware
  • Computer Peripherals
  • Computer Communications
  • Electronic Production Equipment
  • Data Processing Services
  • Information Technology Services
  • Packaged Software
  • Internet Software/Services​

The index rebalances monthly and reconstitutes quarterly. The Index’s underlying composition is equally weighted across all stocks, providing a unique benchmark that allows for a uniform performance-driven approach to investing. While market capitalization weighted indices can be dominated by a few of the largest stocks in the index, an equal-weighting allows for a more diversified portfolio.

LEARN MORE ABOUT THE FANG INNOVATION INDEX

Solactive FANG Innovation Index Components*

  • 8.44% BROADCOM INC
  • 8.42% TESLA INC
  • 6.95% AMAZON.COM INC
  • 6.93% META PLATFORMS INC-CLASS A
  • 6.90% NETFLIX INC
  • 6.82% APPLE INC
  • 6.82% ALPHABET INC-CL A
  • 6.74% SALESFORCE INC
  • 6.68% MICROSOFT CORP
  • 6.58% MICRON TECHNOLOGY INC
  • 6.14% QUALCOMM INC
  • 5.85% NVIDIA CORP
  • 5.82% ADVANCED MICRO DEVICES
  • 5.73% ADOBE INC
  • 5.17% INTEL CORP