BNKU vs. PPEM ETF Comparison
Comparison of MicroSectors U.S. Big Banks Index 3X Leveraged ETNs (BNKU) to Putnam ETF Trust Putnam PanAgora ESG Emerging Markets Equity ETF (PPEM)
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
$28.93
Average Daily Volume
422,742
10
PPEM
Putnam ETF Trust Putnam PanAgora ESG Emerging Markets Equity ETF
PPEM Description
The investment seeks daily investment results, before fees and expenses, of 135% of the daily performance of the FTSE Emerging Index. The fund, under normal circumstances, invests at least 80% of its net assets (plus borrowing for investment purposes) in securities of the index, exchange-traded funds (ETFs) that track the index and other financial instruments that provide daily leveraged exposure to the index. The index is a free float-adjusted market capitalization index that is designed to measure equity market performance in the global emerging markets. The fund is non-diversified.Grade (RS Rating)
Last Trade
$20.62
Average Daily Volume
3,728
5
Performance
Period | BNKU | PPEM |
---|---|---|
30 Days | -5.02% | -0.28% |
60 Days | 18.71% | 0.34% |
90 Days | 28.12% | 4.41% |
12 Months | 103.73% | 9.35% |
0 Overlapping Holdings
Symbol | Grade | Weight in BNKU | Weight in PPEM | Overlap |
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BNKU: Top Represented Industries & Keywords
PPEM: Top Represented Industries & Keywords