MicroSectors Solactive FANG & Innovation 3X Leveraged ETN (BULZ)
BULZ is a passive ETF by BMO Financial Group tracking the investment results of the Solactive FANG Innovation. BULZ launched on Aug 17, 2021 and has a 0.95% expense ratio.
ETF Info
| ISIN | US0636796171 |
|---|---|
| CUSIP | 63679617 |
| Issuer | BMO Financial Group |
| Inception Date | Aug 17, 2021 |
| Region | North America (U.S.) |
| Category | Leveraged Equities, Innovation |
| Leveraged | 1x |
| Index Tracked | Solactive FANG Innovation |
| Asset Class | Equity |
Expense Ratio
BULZ has a high expense ratio of 0.95%, indicating higher-than-average management fees.
Share Price Chart
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Popular comparisons: BULZ vs. FNGU, BULZ vs. SOXL, BULZ vs. SMCI, BULZ vs. TQQQ, BULZ vs. TECL, BULZ vs. FNGO, BULZ vs. FTFT, BULZ vs. SPY, BULZ vs. BOTZ, BULZ vs. TSLA
Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in MicroSectors Solactive FANG & Innovation 3X Leveraged ETN, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.
Returns By Period
MicroSectors Solactive FANG & Innovation 3X Leveraged ETN had a return of 62.18% year-to-date (YTD) and 102.36% in the last 12 months.
| Period | Return | Benchmark |
|---|---|---|
| Year-To-Date | 62.18% | 25.48% |
| 1 month | 13.58% | 2.14% |
| 6 months | 27.40% | 12.76% |
| 1 year | 102.36% | 33.14% |
| 5 years (annualized) | N/A | 13.96% |
| 10 years (annualized) | N/A | 11.39% |
Monthly Returns
The table below presents the monthly returns of BULZ, with color gradation from worst to best to easily spot seasonal factors. Returns are adjusted for dividends.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | 8.69% | 19.33% | 0.89% | -19.14% | 12.92% | 28.47% | -11.88% | -6.42% | 10.28% | -7.46% | 62.18% | ||
| 2023 | 58.06% | -3.30% | 41.36% | -9.70% | 44.15% | 20.12% | 15.85% | -8.65% | -17.85% | -5.39% | 48.85% | 19.49% | 394.22% |
| 2022 | -33.79% | -19.51% | 0.61% | -51.09% | -11.79% | -39.94% | 46.86% | -25.13% | -37.86% | 3.64% | 17.01% | -32.73% | -92.26% |
| 2021 | 16.76% | -15.68% | 25.26% | 2.72% | -11.09% | 12.62% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current rank of BULZ is 45, suggesting that the investment has average results relative to other ETFs in terms of risk-adjusted performance. This ranking is determined by the cumulative values of the indicators listed below.
Risk-Adjusted Performance Indicators
The charts below present risk-adjusted performance metrics for MicroSectors Solactive FANG & Innovation 3X Leveraged ETN (BULZ) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
Dividends
Dividend History
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.
Worst Drawdowns
The table below displays the maximum drawdowns of the MicroSectors Solactive FANG & Innovation 3X Leveraged ETN. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.
The maximum drawdown for the MicroSectors Solactive FANG & Innovation 3X Leveraged ETN was 94.44%, occurring on Dec 28, 2022. The portfolio has not yet recovered.
The current MicroSectors Solactive FANG & Innovation 3X Leveraged ETN drawdown is 50.69%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -94.44% | Nov 22, 2021 | 277 | Dec 28, 2022 | — | — | — |
| -22.71% | Aug 31, 2021 | 24 | Oct 4, 2021 | 18 | Oct 28, 2021 | 42 |
| -10.77% | Nov 9, 2021 | 2 | Nov 10, 2021 | 7 | Nov 19, 2021 | 9 |
| -2.25% | Nov 5, 2021 | 1 | Nov 5, 2021 | 1 | Nov 8, 2021 | 2 |
| -1.62% | Aug 24, 2021 | 3 | Aug 26, 2021 | 1 | Aug 27, 2021 | 4 |
Volatility
Volatility Chart
The current MicroSectors Solactive FANG & Innovation 3X Leveraged ETN volatility is 21.11%, representing the average percentage change in the investments's value, either up or down over the past month. The chart below shows the rolling one-month volatility.