BNKD

MicroSectors U.S. Big Banks Index -3X Inverse Leveraged ETN
*Unless otherwise stated, data provided by FactSet.

BNKD Fund Description

The MicroSectors U.S. Big Banks Index -3x Inverse Leveraged ETN tracks three times the inverse of the performance of an equal-weighted index of U.S. Large Banks.

BNKD Factset Analytics Insight

BNKD is an inverse leveraged take on U.S. Big Banks. Specifically, the fund tracks three times the inverse of the underlying index, which selects the 10 largest qualifying stocks and even weights them. BNKD charges a steep fee for such exposure; however, the product isn’t designed for long-term investors. The fund rebalances daily. As a result, compounding and path dependency make its long-term returns difficult to predict when compared with its underlying index.

BNKD CHARTS AND PERFORMANCE

  • 1 Month
  • 3 Months
  • YTD
  • 1 Year
  • 3 Years
  • 5 Years
  • Max
COMPARE
RESET
Select ETFs to compare their performance:
PERFORMANCE [as of 07/11/19] 1 MONTH 3 MONTHS YTD 1 YEAR 3 YEARS 5 YEARS 10 YEARS
BNKD -5.63% -12.10% -- -- -- -- --
BNKD (NAV) -7.97% -14.16% -- -- -- -- --
N/A -- -- -- -- -- -- --
All returns over 1 year are annualized. All returns are total returns unless otherwise stated.

BNKD Summary Data

BMO
04/02/19
Exchange-Traded Note
0.95%
$21.51M
0.17%

BNKD Portfolio Data

--
N/A

BNKD Index Data

Equal
Market Cap
N/A

BNKD Fund Structure

Yes
--
N/A / N/A
BMO
N/A
Low
-3
Daily

BNKD Tax Exposures

20.00% / 39.60%
--
No
Cboe Book Viewer
TOP OF BOOK
LAST 10 TRADES
Bats BZX Real-time Quote -
Daily Spread
Premium/Discount
Volume

BNKD Factset Analytics Block Liquidity

As of 07/12/19
5
4
3
2
1

This measurement shows how easy it is to trade a $1 million USD block of BNKD. BNKD is rated a N/A out of 5.

BNKD Tradability

596
$30.26K
0
0
0.17%
$0.08
0.02%
0.60% / -0.50%
None
100.00%
25,000
0
0.12%
--
--
$41.47
N/A