Similarity is based on the correlation of the price action of the past 100 trading sessions.
The reference chart (FNGZ) is shown first. Other charts are sorted by their correlation and the most similar chart is ranked highest.
The investment seeks to reflect a leveraged inverse exposure to the performance of the NYSE Fang+?
Index (the index) on a daily basis.
The notes are senior unsecured medium-term notes issued by Bank of Montreal with a return linked to a two times leveraged participation in the inverse performance of the index, compounded daily, less a Daily Investor Fee, any negative Daily Interest and, if applicable, the Redemption Fee Amount.
The index is an equal-dollar weighted index designed to represent a segment of the technology and consumer discretionary sectors consisting of highly-traded growth stocks of technology and tech-enabled companies.