### Comment:
&gt;Explain how FNGU doesn’t count as a stock 
  
 [I'll let BMO explain it.](https://www.rexetf.com/microsectors) It's not a stock. It's a note that trades like a stock but they're fundamentally different. 
  
 It doesn't mean I don't think it was a killer deal when it came out, just that it's not a stock.

### REPLY:
It's still a good deal.

### END.