BNKD vs. DXJ ETF Comparison
Comparison of MicroSectors U.S. Big Banks Index -3X Inverse Leveraged ETNs (BNKD) to WisdomTree Japan Hedged Equity Fund (DXJ)
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
$18.23
Average Daily Volume
53,265
10
DXJ
WisdomTree Japan Hedged Equity Fund
DXJ Description
The investment seeks to track the price and yield performance, before fees and expenses, of the WisdomTree Japan Hedged Equity Index. Under normal circumstances, at least 95% of the fund's total assets (exclusive of collateral held from securities lending) will be invested in component securities of the index and investments that have economic characteristics that are substantially identical to the economic characteristics of such component securities. The index is designed to provide exposure to Japanese equity markets while at the same time neutralizing exposure to fluctuations of the Japanese yen relative to the U.S. dollar. The fund is non-diversified.Grade (RS Rating)
Last Trade
$103.95
Average Daily Volume
1,117,413
10
Performance
Period | BNKD | DXJ |
---|---|---|
30 Days | -16.72% | -1.10% |
60 Days | -15.41% | -5.02% |
90 Days | -21.76% | -7.74% |
12 Months | -59.53% | 18.84% |
0 Overlapping Holdings
Symbol | Grade | Weight in BNKD | Weight in DXJ | Overlap |
---|
BNKD: Top Represented Industries & Keywords
DXJ: Top Represented Industries & Keywords