BNKD vs. XVOL ETF Comparison

Comparison of MicroSectors U.S. Big Banks Index -3X Inverse Leveraged ETNs (BNKD) to Acruence Active Hedge U.S. Equity ETF (XVOL)
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

$22.83

Average Daily Volume

82,816

Number of Holdings *

10

* may have additional holdings in another (foreign) market
XVOL

Acruence Active Hedge U.S. Equity ETF

XVOL Description Valor Latitude Acquisition Corp. intends to effect a merger, share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses. The company was incorporated in 2021 and is based in Grand Cayman, the Cayman Islands.

Grade (RS Rating)

Last Trade

$19.92

Average Daily Volume

48,225

Number of Holdings *

51

* may have additional holdings in another (foreign) market
Performance
Period BNKD XVOL
30 Days -4.48% -3.11%
60 Days -17.13% 0.66%
90 Days -28.32% 5.47%
12 Months -72.53% 11.41%
2 Overlapping Holdings
Symbol Grade Weight in BNKD Weight in XVOL Overlap
TFC A 10.0% 4.8% 4.8%
USB C 10.0% 1.36% 1.36%
BNKD Overweight 8 Positions Relative to XVOL
Symbol Grade Weight
WFC B 10.0%
SCHW A 10.0%
PNC A 10.0%
MS A 10.0%
JPM B 10.0%
GS A 10.0%
C A 10.0%
BAC B 10.0%
BNKD Underweight 49 Positions Relative to XVOL
Symbol Grade Weight
PRU C -5.28%
EPD C -4.82%
KEY C -3.61%
LYB D -2.95%
SRE B -2.63%
BKNG C -2.12%
FSLR B -2.0%
AVGO D -1.95%
LNC D -1.86%
CME D -1.83%
BLDR C -1.8%
RCL A -1.78%
PNW B -1.66%
NVDA C -1.66%
OC A -1.62%
CRWD D -1.59%
ADBE D -1.58%
PLTR D -1.55%
MO A -1.53%
BX D -1.52%
OGE A -1.5%
AMZN A -1.5%
NVR D -1.49%
MAA B -1.45%
WDAY D -1.44%
NNN A -1.42%
HBAN A -1.38%
FDX C -1.37%
BBY D -1.35%
DHI D -1.31%
AFG D -1.28%
SQ D -1.26%
MMM A -1.25%
PM A -1.23%
MLM D -1.21%
PCAR D -1.21%
HUBB D -1.21%
SR B -1.19%
CAH F -1.19%
IR D -1.14%
TROW D -1.13%
UBER D -1.11%
WPC C -1.1%
VZ D -1.07%
AMAT C -1.07%
WHR F -1.06%
BR C -1.04%
AMD D -0.9%
SOLV C -0.21%
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