BNKUMicroSectors U.S. Big Banks Index 3X Leveraged ETN
BNKU Fund Description
BNKU tracks 3x the performance of an equal-weighted index of US Large Banks.
BNKU Factset Analytics Insight
BNKU is a leveraged take on US Big Banks. Specifically, the fund tracks three times the underlying index, which selects the 10 largest qualifying stocks by market cap and evenly weights them. As a levered product, the fund isn’t designed for long-term investors. The fund rebalances daily, and as a result, compounding and path dependency make its long-term returns difficult to predict when compared with its underlying index.
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.