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MicroSectors Solactive FANG Innovation 3X Leveraged ETNs(BULZ)
Advisory History & Simulated Performance *
*as per simulation (see disclosures)- ALL
- 1Y
- 1M
- 1W
- BUY Advisory
- SELL Advisory (Profit)
- SELL Advisory (Loss)
- Profit
- Loss
- PASS (Skip)
Stock price based on last close Advisory Performance History (Simulated)
Upturn Advisory & Investor View for BULZ
09/25/2026: BULZ (2-star) has a low Upturn Star Rating. Not recommended to BUY.
BULZ is a 3x leveraged ETN that seeks to amplify the daily returns of an index consisting of 15 prominent, innovation-focused technology and consumer companies. It serves as a tactical tool for aggressive traders looking to capitalize on short-term market momentum rather than a core long-term portfolio holding. Key strengths include its high liquidity and specific thematic exposure, while significant risks include daily decay, high management fees, and the credit risk associated with the issuer, Bank of Montreal. Investors should monitor market interest rates and sector-specific momentum, as the product is designed for short-term active management rather than passive buy-and-hold strategies.
How to Read the Upturn Advisory
The Upturn Star Rating and the current BUY, SELL, or PASS advisory are generated by Upturn’s AI advisory engine based on proprietary signal analysis, price behavior, advisory history, and historical signal performance.
ETF holdings, costs, diversification, valuation, risks, and market conditions provide supporting context about the fund.
Investor Fit
| Investor style | Fit | Why |
|---|---|---|
| Growth investor | Strong fit while signal remains positive | The aggressive 3x leverage aligns with the growth objective but carries extreme downside risk. |
| Momentum investor | Strong fit while signal remains positive | The fund is a primary vehicle for momentum traders looking to capitalize on sustained short-term trends in tech. |
| Value investor | Weak fit | The fund's high volatility and leverage costs are diametrically opposed to value investing principles. |
| Dividend/Income investor | Weak fit | This is a leveraged instrument intended for capital appreciation, not income generation. |
| Low-risk investor | Weak fit | The 3x daily leverage makes this product unsuitable for investors concerned with capital preservation. |
Investor Profile
Ideal Investor Profile
Experienced, risk-tolerant traders seeking short-term tactical exposure to the technology sector.
Suitability
Not suitable for long-term investors due to the effects of daily compounding; primarily an active trading tool.
Risk Profile
| Risk factor | Level | Why it matters |
|---|---|---|
| Volatility | High | The 3x leverage amplifies daily index moves, leading to significant potential for both gains and losses. |
| Market risk | High | Exposure to high-beta technology stocks leaves the fund vulnerable to broad market sell-offs. |
| Concentration | High | The portfolio is limited to 15 stocks, which significantly increases idiosyncratic risk. |
| Tracking/expense | High | Daily compounding and management fees can erode returns during sideways or range-bound markets. |
| Liquidity | Medium | While liquid, large orders can still cause slippage during periods of extreme market stress. |
| Business/sector quality | Medium / high | The fund's performance is tied to the speculative nature of growth-stage innovation companies. |
Risk Analysis
Volatility
Extreme, given the 3x daily leverage target.
Market Risk
Subject to intense sensitivity to the technology sector and broader equity market beta.
What the ETF Owns
| Exposure Type | Exposure | Weight (%) | Retail Investor Read |
|---|---|---|---|
| Single stock | Solactive FANG Innovation Index (seeks 3x daily return) | 100 | The fund provides 3x leveraged exposure to a basket of 15 leading technology and innovation-focused companies. |
Price Behavior
Strong Uptrend
The stock has maintained a strong upward price trend across the last three quarters.
Highly Choppy
The stock has experienced frequent, large price swings that make its near-term movement less predictable.
Analysis of Past Performance
Type ETF | Historic Profit 234.41% | Avg. Invested days 42 | Today’s Advisory Consider higher Upturn Star rating |
Upturn Advisory Rating  | Upturn Advisory Performance  4.0 | ETF Returns Performance  5.0 |
| Profits based on simulation | Last Close 09/25/2026 |
ETF Fundamentals 
Source: EOD Historical Data • Updated Sep 25, 2026
Fund Basics
| Metric | Value |
|---|---|
| Fund Size (AUM) | $4.02B |
| Issuer | BMO Capital Markets |
| Expense Ratio | 0.95% |
| Distribution Yield | 0% |
| Inception | Aug 17, 2021 |
Performance
| Period | Total Return |
|---|---|
| YTD | +82.28% |
| 1 Year | +88.73% |
| 3 Year | +97.68% |
| 5 Year | +12.70% |
| 10 Year | +0.00% |
Risk Metrics
| Metric | Value |
|---|---|
| 1Y Volatility | 127.47% |
| 3Y Volatility | 89.32% |
| 3Y Sharpe Ratio | 0.93 |
Market Cap Distribution
| Cap Size | Weight |
|---|---|
| Mega Cap | 66.67% |
| Large Cap | 33.33% |
Top Sectors
| Sector | Weight |
|---|---|
| Technology | 66.67% |
| Communication Services | 20.00% |
| Consumer Cyclicals | 13.33% |
| Basic Materials | 0.00% |
Asset Allocation
Portfolio Characteristics
| Metric | Value |
|---|---|
| Portfolio P/E | 19.46x |
| Portfolio P/B | 7.54x |
| Portfolio P/S | 7.71x |
| Holdings Turnover | 0.0% |
| Distribution Yield | 0% |
Top Holdings
| Holding | Weight |
|---|---|
| Intel | 7.28% |
| Advanced Micro Devices | 7.11% |
| Meta Platforms | 7.07% |
| Micron Technology | 6.89% |
| Sandisk | 6.72% |
Upturn AI Summary
AI Summarization is directionally correct and might not be accurate.
Summarized information shown could be a few years old and not current.
Fundamental Rating based on AI could be based on old data.
AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.
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