BNKU vs. BNDC ETF Comparison
Comparison of MicroSectors U.S. Big Banks Index 3X Leveraged ETNs (BNKU) to FlexShares Core Select Bond Fund (BNDC)
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
$25.98
Average Daily Volume
453,905
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
$21.48
Average Daily Volume
22,465
9
Performance
Period | BNKU | BNDC |
---|---|---|
30 Days | -1.52% | -1.66% |
60 Days | 10.69% | -1.28% |
90 Days | 17.34% | -1.89% |
12 Months | 41.89% | -1.06% |
0 Overlapping Holdings
Symbol | Grade | Weight in BNKU | Weight in BNDC | Overlap |
---|
BNKU: Top Represented Industries & Keywords
BNDC: Top Represented Industries & Keywords