BNKD vs. PPEM ETF Comparison
Comparison of MicroSectors U.S. Big Banks Index -3X Inverse Leveraged ETNs (BNKD) to Putnam ETF Trust Putnam PanAgora ESG Emerging Markets Equity ETF (PPEM)
BNKD
MicroSectors U.S. Big Banks Index -3X Inverse Leveraged ETNs
BNKD Description
The investment seeks to provide a leveraged inverse return based on the performance of the Solactive MicroSectorsTM U.S. Big Banks Index. The notes are senior unsecured medium-term notes issued by Bank of Montreal with a return linked to a three times leveraged participation in the inverse performance of the index, compounded daily, less a Daily Investor Fee, any negative Daily Interest and, if applicable, the Redemption Fee Amount. The index is an equal-dollar weighted index designed to represent the 10 U.S. stocks with the largest market capitalization in the banking sector.
Grade (RS Rating)
Last Trade
$20.22
Average Daily Volume
69,545
10
PPEM
Putnam ETF Trust Putnam PanAgora ESG Emerging Markets Equity ETF
PPEM Description
The investment seeks daily investment results, before fees and expenses, of 135% of the daily performance of the FTSE Emerging Index. The fund, under normal circumstances, invests at least 80% of its net assets (plus borrowing for investment purposes) in securities of the index, exchange-traded funds (ETFs) that track the index and other financial instruments that provide daily leveraged exposure to the index. The index is a free float-adjusted market capitalization index that is designed to measure equity market performance in the global emerging markets. The fund is non-diversified.Grade (RS Rating)
Last Trade
$21.78
Average Daily Volume
3,721
4
Performance
Period | BNKD | PPEM |
---|---|---|
30 Days | -26.74% | 9.02% |
60 Days | -27.79% | 5.43% |
90 Days | -34.03% | 7.95% |
12 Months | -70.46% | 14.10% |
0 Overlapping Holdings
Symbol | Grade | Weight in BNKD | Weight in PPEM | Overlap |
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BNKD: Top Represented Industries & Keywords
PPEM: Top Represented Industries & Keywords