BNKUMicroSectors U.S. Big Banks Index 3X Leveraged ETN
BNKU Fund Description
The MicroSectors U.S. Big Banks Index 3x Leveraged ETN tracks three times the performance of an equal-weighted index of U.S. Large Banks.
BNKU Factset Analytics Insight
BNKU is a leveraged take on U.S. Big Banks. Specifically, the fund tracks three times the underlying index, which selects the 10 largest qualifying stocks and even weights them. BNKU 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.
BNKU Charts And Performance
BNKU Portfolio Data
BNKU Index Data
BNKU Fund Structure
BNKU Tax Exposures
BNKU Factset Analytics Block Liquidity
This measurement shows how easy it is to trade a $1 million USD block of BNKU. BNKU is rated a N/A out of 5.