BNKOMicroSectors U.S. Big Banks Index 2x Leveraged ETN
BNKO Fund Description
BNKO tracks 2x the performance of an equal-weighted index of US large banks.
BNKO Factset Analytics Insight
BNKO is a leveraged take on the US banking sector. The fund tracks 2x the underlying index, which selects the 10 largest US banks by market capitalization and weights them equally. As a geared product with daily resets, BNKO is designed as a short-term trading tool and not a long-term investment vehicle. Long-term returns could materially differ from those of the underlying index due to daily compounding.
BNKO Charts And Performance
BNKO Factset Analytics Block Liquidity
This measurement shows how easy it is to trade a $1 million USD block of BNKO. BNKO is rated a N/A out of 5.