BNKU vs. DFNL ETF Comparison

Comparison of MicroSectors U.S. Big Banks Index 3X Leveraged ETNs (BNKU) to Davis Select Financial ETF (DFNL)
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

Number of Holdings *

10

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

Davis Select Financial ETF

DFNL Description The investment seeks long-term growth of capital. The fund's investment adviser, uses the Davis Investment Discipline to invest, under normal market conditions, at least 80% of its net assets plus any borrowings for investment purposes in securities issued by companies principally engaged in the financial services sector. The fund's portfolio, generally, contains between 15 and 35 companies. It invests, principally, in common stocks. The fund may invest in large, medium or small companies without regard to market capitalization and may invest in issuers in foreign countries, including countries with developed or emerging markets. It is non-diversified.

Grade (RS Rating)

Last Trade

$31.44

Average Daily Volume

9,887

Number of Holdings *

20

* may have additional holdings in another (foreign) market
Performance
Period BNKU DFNL
30 Days -1.52% -1.69%
60 Days 10.69% 1.31%
90 Days 17.34% 4.96%
12 Months 41.89% 16.27%
7 Overlapping Holdings
Symbol Grade Weight in BNKU Weight in DFNL Overlap
BAC A 10.0% 2.48% 2.48%
JPM B 10.0% 6.57% 6.57%
PNC B 10.0% 4.67% 4.67%
SCHW A 10.0% 1.33% 1.33%
TFC B 10.0% 2.83% 2.83%
USB C 10.0% 4.85% 4.85%
WFC A 10.0% 5.7% 5.7%
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