BNKD vs. BNDC ETF Comparison
Comparison of MicroSectors U.S. Big Banks Index -3X Inverse Leveraged ETNs (BNKD) to FlexShares Core Select Bond Fund (BNDC)
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
$5.05
Average Daily Volume
442,072
10
BNDC
FlexShares Core Select Bond Fund
BNDC Description
The investment seeks total return and preservation of capital. The fund invests at least 80% of its net assets in U.S. dollar-denominated investment-grade fixed-income securities either directly or indirectly through exchange-traded funds and other registered investment companies. The fund may invest, without limitation, in mortgage- or asset-backed securities, including to-be-announced transactions, and purchase and sell securities on a when-issued, delayed delivery or forward commitment basis.Grade (RS Rating)
Last Trade
$21.50
Average Daily Volume
22,631
9
Performance
Period | BNKD | BNDC |
---|---|---|
30 Days | -0.20% | -1.89% |
60 Days | -17.62% | -1.19% |
90 Days | -24.17% | -1.80% |
12 Months | -57.92% | -1.36% |
0 Overlapping Holdings
Symbol | Grade | Weight in BNKD | Weight in BNDC | Overlap |
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BNKD: Top Represented Industries & Keywords
BNDC: Top Represented Industries & Keywords