BNKU vs. QABA ETF Comparison
Comparison of MicroSectors U.S. Big Banks Index 3X Leveraged ETNs (BNKU) to First Trust NASDAQ ABA Community Bank Index Fund (QABA)
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
$29.76
Average Daily Volume
442,266
Number of Holdings
*
10
* may have additional holdings in another (foreign) market
QABA
First Trust NASDAQ ABA Community Bank Index Fund
QABA Description
The investment seeks investment results that correspond generally to the price and yield (before the fund's fees and expenses) of an equity index called the NASDAQ OMX(R) ABA Community Bank Index(SM). The fund will normally invest at least 90% of its net assets plus the amount of any borrowings for investment purposes in common stocks that comprise the index. For the purposes of the index, a "community bank" is considered to be all U.S.banks and thrifts or their holding companies listed on NASDAQ(R), excluding the 50 largest U.S. banks by asset size. The fund is non-diversified.Grade (RS Rating)
Last Trade
$44.75
Average Daily Volume
24,608
Number of Holdings
*
123
* may have additional holdings in another (foreign) market
Performance
| Period | BNKU | QABA |
|---|---|---|
| 30 Days | -2.62% | -3.08% |
| 60 Days | 27.73% | 0.60% |
| 90 Days | 27.40% | -7.78% |
| 12 Months | 87.64% | 15.27% |
0 Overlapping Holdings
| Symbol | Grade | Weight in BNKU | Weight in QABA | Overlap |
|---|
BNKU Underweight 123 Positions Relative to QABA
| Symbol | Grade | Weight | |
|---|---|---|---|
| CBSH | A | -4.42% | |
| WTFC | B | -3.79% | |
| OZK | A | -3.22% | |
| UBSI | D | -2.88% | |
| FFIN | C | -2.69% | |
| UMBF | A | -2.52% | |
| HWC | A | -2.45% | |
| IBOC | A | -2.16% | |
| TFSL | D | -2.13% | |
| ABCB | B | -2.04% | |
| UCBI | C | -1.93% | |
| BANF | B | -1.88% | |
| TCBI | D | -1.76% | |
| FHB | A | -1.73% | |
| FIBK | B | -1.7% | |
| WSFS | B | -1.67% | |
| CATY | F | -1.57% | |
| FULT | B | -1.56% | |
| CVBF | D | -1.47% | |
| SFNC | D | -1.46% | |
| INDB | B | -1.37% | |
| PPBI | D | -1.34% | |
| FFBC | A | -1.33% | |
| TOWN | B | -1.29% | |
| FRME | A | -1.27% | |
| SBCF | D | -1.26% | |
| TBBK | F | -1.14% | |
| WAFD | B | -1.14% | |
| CLBK | C | -1.09% | |
| MBIN | C | -1.07% | |
| WSBC | D | -1.06% | |
| NBTB | B | -1.05% | |
| TRMK | A | -1.04% | |
| IBTX | F | -1.03% | |
| LKFN | D | -1.01% | |
| BANR | C | -0.98% | |
| HTLF | A | -0.95% | |
| CHCO | A | -0.95% | |
| EFSC | D | -0.91% | |
| FBNC | D | -0.87% | |
| NWBI | D | -0.86% | |
| SYBT | B | -0.83% | |
| HOPE | B | -0.82% | |
| CASH | A | -0.8% | |
| WABC | B | -0.79% | |
| BUSE | C | -0.79% | |
| SRCE | D | -0.77% | |
| STBA | B | -0.74% | |
| TCBK | D | -0.72% | |
| VBTX | A | -0.7% | |
| PFBC | A | -0.66% | |
| PEBO | A | -0.64% | |
| QCRH | D | -0.61% | |
| GABC | D | -0.61% | |
| SASR | D | -0.61% | |
| OCFC | C | -0.56% | |
| SBSI | F | -0.53% | |
| RBCAA | B | -0.53% | |
| BRKL | F | -0.52% | |
| BFC | D | -0.5% | |
| FBMS | F | -0.49% | |
| CTBI | A | -0.48% | |
| FMBH | B | -0.47% | |
| DCOM | B | -0.47% | |
| CNOB | F | -0.46% | |
| PFC | B | -0.45% | |
| CFFN | F | -0.44% | |
| AMAL | B | -0.43% | |
| EGBN | F | -0.41% | |
| OSBC | B | -0.4% | |
| HFWA | F | -0.4% | |
| GSBC | A | -0.39% | |
| FCBC | B | -0.38% | |
| CFB | C | -0.38% | |
| MBWM | C | -0.37% | |
| HBT | D | -0.37% | |
| CASS | D | -0.36% | |
| UVSP | B | -0.36% | |
| CCB | B | -0.34% | |
| BFST | D | -0.34% | |
| IBCP | B | -0.33% | |
| TRST | D | -0.33% | |
| HBNC | D | -0.33% | |
| MSBI | F | -0.32% | |
| HTBK | F | -0.31% | |
| HAFC | C | -0.29% | |
| FMNB | D | -0.29% | |
| SMBC | F | -0.29% | |
| PGC | F | -0.28% | |
| CAC | D | -0.28% | |
| WASH | C | -0.28% | |
| HONE | B | -0.28% | |
| CCBG | D | -0.28% | |
| SPFI | B | -0.27% | |
| THFF | B | -0.27% | |
| HTBI | B | -0.27% | |
| NBN | C | -0.26% | |
| BHRB | B | -0.25% | |
| CCNE | D | -0.25% | |
| ESQ | B | -0.24% | |
| AROW | C | -0.24% | |
| NFBK | D | -0.24% | |
| HIFS | B | -0.23% | |
| KRNY | F | -0.23% | |
| SHBI | D | -0.22% | |
| FFIC | F | -0.22% | |
| MOFG | F | -0.21% | |
| BWB | A | -0.21% | |
| MPB | C | -0.21% | |
| RBB | A | -0.21% | |
| NEWT | D | -0.17% | |
| FRST | F | -0.17% | |
| FISI | D | -0.17% | |
| PFIS | D | -0.17% | |
| BMRC | D | -0.16% | |
| NRIM | B | -0.16% | |
| CARE | D | -0.16% | |
| WSBF | C | -0.15% | |
| FLIC | D | -0.15% | |
| NECB | B | -0.14% | |
| OVLY | C | -0.13% | |
| CZFS | F | -0.13% | |
| BLFY | D | -0.13% |
BNKU: Top Represented Industries & Keywords
Industries:
Banks - Global
Banks - Regional - US
Capital Markets
Keywords:
S&P 500
Bank
Banking
Investment Bank
Cash Management
Investment Banking
Asset Management Services
Brokerage
Financial Advisory Services
Financial Products
Investment Management Services
Investment Product
Lending Products
Portfolio Management
Primary Dealers
Trade Finance
Transaction Services
Wealth Management
Asset Management
Cash Management Services
QABA: Top Represented Industries & Keywords
Industries:
Banks - Regional - US
Savings & Cooperative Banks
Banks - Regional
Asset Management
Business Services
Keywords:
Bank
Banking
Deposit Products
Real Estate Loans
Demand Deposit
Commercial Banking
Individual Retirement Account
Commercial Bank
Trust Services
Retail Banking
Loan Products
Residential Real Estate Loans
Banking Services
Investment Management
Business Loans
Cash Management Services
Banking Products
ATM
Wealth Management Services
Loan
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