BULZ — MicroSectors Solactive FANG & Innovation 3X Leveraged ETN
MicroSectors Solactive FANG & Innovation 3X Leveraged ETN (ticker: BULZ) is a equity ETF issued by BMO Financial Group tracking Solactive FANG Innovation. It was launched on 2021-08-17.
About BULZ
BULZ is an exchange-traded note (ETN) that provides 3x leveraged exposure to the Solactive FANG Innovation Index. The index tracks major US technology and innovation companies. As an ETN, BULZ is a debt instrument issued by BMO Financial Group, not a fund directly holding underlying securities. This ETN is designed for investors seeking magnified daily returns from a basket of large-cap US technology and innovation stocks. Its leveraged nature means it provides performance that is three times the daily return of its underlying index.
- Tracks the Solactive FANG Innovation Index.
- Provides 3x leveraged exposure to US big tech and innovation companies.
- Issued by BMO Financial Group, functioning as a debt instrument.
- Intended for investors seeking magnified daily returns from the underlying index.
Returns (Total Return)
| Period | Return |
|---|---|
| 1 Day | 5.97% |
| 1 Week | -21.04% |
| 1 Month | -4.12% |
| 3 Months | 101.86% |
| 6 Months | 48.34% |
| YTD | 58.96% |
| 1 Year | 183.02% |
| 3 Years | 547.59% |
| 5 Years | — |
| 10 Years | — |
| Since Inception | — |
Top Holdings
| # | Security | Symbol | Weight |
|---|---|---|---|
| 1 | NA | NA | — |
| 2 | NA | NA | — |
| 3 | NA | NA | — |
| 4 | NA | NA | — |
| 5 | NA | NA | — |
| 6 | NA | NA | — |
| 7 | NA | NA | — |
| 8 | NA | NA | — |
| 9 | NA | NA | — |
| 10 | NA | NA | — |
Fund Profile
| Issuer | BMO Financial Group |
|---|---|
| Brand | REX Microsectors |
| Asset Class | equity |
| Strategy | Equal |
| Structure | ETN |
| Category | Leveraged Equities |
| Segment | Leveraged Equity: U.S. Big Tech |
| Sector | Broad |
| Region | North America |
| Index Tracked | Solactive FANG Innovation |
| Inception Date | 2021-08-17 |
| Tax on Distributions | No distributions |
Quick Facts
| Ticker | BULZ |
|---|---|
| Full Name | MicroSectors Solactive FANG & Innovation 3X Leveraged ETN |
| Issuer | BMO Financial Group |
| Asset Class | equity |
| Expense Ratio | 0.01% |
| AUM | $4.23B |
| Inception | 2021-08-17 |
| Index Tracked | Solactive FANG Innovation |
Frequently Asked Questions
What does BULZ track?
BULZ (MicroSectors Solactive FANG & Innovation 3X Leveraged ETN) tracks Solactive FANG Innovation, a equity benchmark.
What is the expense ratio of BULZ?
BULZ has an expense ratio of 0.01% per year.
What is the AUM of BULZ?
BULZ has approximately $4.23B in assets under management.
Does BULZ pay a dividend?
BULZ distributes income according to its prospectus (No distributions tax treatment). Check the dividend history tab for ex-dividend dates and yield.
Who issues BULZ?
BULZ is issued by BMO Financial Group under the REX Microsectors brand, launched on 2021-08-17.
Open the interactive BULZ dashboard for charts, historical fund flows, holdings breakdown and seasonality patterns.