BNKZ

MicroSectors U.S. Big Banks Index -2x Inverse Leveraged ETN
*Unless otherwise stated, data provided by FactSet.

BNKZ Fund Description

The MicroSectors U.S. Big Banks Index -2x Leveraged ETN tracks two times the inverse of the performance of an equal-weighted index of U.S. Large Banks.

BNKZ Factset Analytics Insight

BNKZ is an inversed leveraged take on the Big Banking industry. Specifically, the fund tracks two times the inverse of the underlying index, which selects the 10 largest qualifying stocks and even weights them. BNKZ 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.

BNKZ 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
BNKZ -3.61% -7.42% -- -- -- -- --
BNKZ (NAV) -5.19% -8.86% -- -- -- -- --
N/A -- -- -- -- -- -- --
All returns over 1 year are annualized. All returns are total returns unless otherwise stated.

BNKZ Summary Data

BMO
04/02/19
Exchange-Traded Note
0.95%
$22.83M
0.12%

BNKZ Portfolio Data

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N/A

BNKZ Index Data

Equal
Market Cap
N/A

BNKZ Fund Structure

No
--
N/A / N/A
BMO
N/A
Low
-2
Daily

BNKZ 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

BNKZ 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 BNKZ. BNKZ is rated a N/A out of 5.

BNKZ Tradability

87
$4.65K
0
0
0.12%
$0.06
0.02%
0.38% / -0.31%
None
--
25,000
0
0.12%
--
--
$44.55
N/A