BNKU vs. IAT ETF Comparison
Comparison of MicroSectors U.S. Big Banks Index 3X Leveraged ETNs (BNKU) to iShares U.S. Regional Banks ETF (IAT)
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
$27.30
Average Daily Volume
450,964
10
IAT
iShares U.S. Regional Banks ETF
IAT Description
The investment seeks to track the investment results of an index composed of U.S. equities in the regional banks sector. The fund generally invests at least 90% of its assets in securities of the index and in depositary receipts representing securities of the index. It seeks to track the investment results of the Dow Jones U.S. Select Regional Banks Index (the "underlying index"), which measures the performance of the regional bank sector of the U.S. equity market. The underlying index is a subset of the Dow Jones U.S. Bank Index. The fund is non-diversified.Grade (RS Rating)
Last Trade
$40.74
Average Daily Volume
258,075
35
Performance
| Period | BNKU | IAT |
|---|---|---|
| 30 Days | -2.71% | -2.18% |
| 60 Days | 16.32% | 1.50% |
| 90 Days | 23.31% | -0.54% |
| 12 Months | 56.27% | 18.84% |
BNKU Underweight 32 Positions Relative to IAT
| Symbol | Grade | Weight | |
|---|---|---|---|
| FITB | A | -5.39% | |
| HBAN | A | -4.49% | |
| MTB | B | -4.39% | |
| FCNCA | A | -4.34% | |
| RF | B | -4.13% | |
| CFG | A | -3.6% | |
| KEY | A | -3.19% | |
| EWBC | C | -2.39% | |
| FHN | B | -1.85% | |
| WBS | C | -1.85% | |
| CFR | A | -1.61% | |
| CMA | A | -1.57% | |
| WAL | B | -1.43% | |
| PNFP | C | -1.42% | |
| CBSH | A | -1.42% | |
| ZION | B | -1.4% | |
| BPOP | C | -1.39% | |
| SSB | C | -1.39% | |
| WTFC | C | -1.38% | |
| PB | C | -1.32% | |
| SNV | C | -1.25% | |
| FNB | B | -1.09% | |
| OZK | A | -1.05% | |
| UBSI | B | -1.04% | |
| HOMB | B | -1.0% | |
| GBCI | B | -0.93% | |
| FFIN | B | -0.89% | |
| UMBF | B | -0.81% | |
| VLY | D | -0.73% | |
| BOKF | A | -0.55% | |
| NYCB | F | -0.48% | |
| TFSL | D | -0.14% |
BNKU: Top Represented Industries & Keywords
IAT: Top Represented Industries & Keywords
Compare ETFs
