BNKU vs. BBCA ETF Comparison
Comparison of MicroSectors U.S. Big Banks Index 3X Leveraged ETNs (BNKU) to JPMorgan BetaBuilders Canada ETF (BBCA)
BNKU
MicroSectors U.S. Big Banks Index 3X Leveraged ETNs
BNKU Description
The investment seeks to reflect a 3x leveraged long exposure to 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 performance of the index, compounded daily, less a Daily Investor Fee, the Daily Financing Charge 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
$30.08
Average Daily Volume
411,145
10
BBCA
JPMorgan BetaBuilders Canada ETF
BBCA Description
The investment seeks investment results that closely correspond, before fees and expenses, to the performance of the Morningstar® Canada Target Market Exposure IndexSM. The fund will invest at least 80% of its net assets, plus the amount of borrowing for investment purposes in securities included in the underlying index. The underlying index is a free float adjusted market capitalization weighted index which consists of stocks traded primarily on the Toronto Stock Exchange. The fund may invest up to 20% of its assets in exchange-traded futures and forward foreign currency contracts to seek performance that corresponds to the underlying index.Grade (RS Rating)
Last Trade
$65.44
Average Daily Volume
299,987
8
Performance
| Period | BNKU | BBCA |
|---|---|---|
| 30 Days | 1.72% | -1.70% |
| 60 Days | 15.74% | 1.34% |
| 90 Days | 31.01% | 3.10% |
| 12 Months | 145.95% | 11.59% |
0 Overlapping Holdings
| Symbol | Grade | Weight in BNKU | Weight in BBCA | Overlap |
|---|
BNKU: Top Represented Industries & Keywords
BBCA: Top Represented Industries & Keywords
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