Jump to content



Photo

New 3x ETN BULZ, vs. 3x ETN FNGU


  • Please log in to reply
2 replies to this topic

#1 ryanoo

ryanoo

    Member

  • Traders-Talk User
  • 660 posts

Posted 24 August 2021 - 10:20 AM

Bank of Montreal just started a new 3x tech ETN, called BULZ.

 

Both BULZ and FNGU are 3x leveraged of a basket of equal weight large cap tech stocks.  

 

BULZ has only US stocks, 15 of them,  equal weight, 8 core + 7 large cap techs: Apple Inc. (AAPL), Amazon.com, Inc. (AMZN), Facebook, Inc. (FB), Alphabet Inc. (GOOGL), Microsoft Corporation (MSFT), Netflix Inc. (NFLX), NVIDIA Corporation (NVDA), and Tesla Inc. (TSLA), Advanced Micro Devices, Inc. (AMD), Intel Corporation (INTC), Micron Technology, Inc. (MU), PayPal Holdings, Inc. (PYPL), Salesforce.com, Inc. (CRM), Square, Inc. (SQ), and Zoom Video Communications, Inc. (ZM).

 

FNGU is equal weight, ten stocks and has two Chinese stocks in it: BABA and BIDU, in addition to AMZN, AAPL, GOOGL, FB, NFLX, NVDA, TSLA, TWTR.

 

 

Interestingly BULZ doesn't have TWTR



#2 pdx5

pdx5

    I want return OF my money more than return ON my money

  • Traders-Talk User
  • 9,521 posts

Posted 24 August 2021 - 06:07 PM

Should I jump in BULZ with both feet?


"Money cannot consistently be made trading every day or every week during the year." ~ Jesse Livermore Trading Rule

#3 gannman

gannman

    Member

  • Traders-Talk User
  • 6,948 posts

Posted 25 August 2021 - 01:33 AM

fngu reminds me of fong go if you grew up with any italian guys you know what fong gu means ha ha

 

thanks for the laugh gots to buy me some fong gu ha ha


feeling mellow with the yellow metal