FTXO vs. BNKD ETF Comparison
Comparison of First Trust Nasdaq Bank ETF (FTXO) to MicroSectors U.S. Big Banks Index -3X Inverse Leveraged ETNs (BNKD)
FTXO
First Trust Nasdaq Bank ETF
FTXO 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 US Smart Banks Index. The fund will normally invest at least 90% of its net assets (including investment borrowings) in the common stocks and depository receipts that comprise the underlying index. The index is designed to provide exposure to U.S. companies comprising the banking sector that have been selected based upon their liquidity and weighted based upon their cumulative score on three investing factors: volatility, value and growth. The fund is non-diversified.
Grade (RS Rating)
Last Trade
$26.40
Average Daily Volume
25,659
41
BNKD
MicroSectors U.S. Big Banks Index -3X Inverse Leveraged ETNs
BNKD Description
The investment seeks to provide a leveraged inverse return based on 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 inverse performance of the index, compounded daily, less a Daily Investor Fee, any negative Daily Interest 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
$4.62
Average Daily Volume
425,543
10
Performance
| Period | FTXO | BNKD |
|---|---|---|
| 30 Days | -1.90% | 0.22% |
| 60 Days | 6.11% | -25.36% |
| 90 Days | 4.07% | -26.90% |
| 12 Months | 29.75% | -64.68% |
FTXO Overweight 35 Positions Relative to BNKD
| Symbol | Grade | Weight | |
|---|---|---|---|
| CFG | A | 4.21% | |
| MTB | A | 4.0% | |
| HBAN | A | 3.97% | |
| FCNCA | A | 3.96% | |
| FITB | A | 3.93% | |
| RF | B | 3.72% | |
| KEY | C | 2.83% | |
| FHN | B | 1.99% | |
| WBS | D | 1.85% | |
| EWBC | B | 1.59% | |
| NYCB | F | 1.47% | |
| CMA | A | 1.43% | |
| FNB | B | 1.32% | |
| WAL | C | 1.29% | |
| PNFP | C | 1.28% | |
| ONB | B | 1.19% | |
| ZION | B | 1.18% | |
| SSB | D | 1.17% | |
| BPOP | A | 1.16% | |
| WTFC | B | 1.14% | |
| OZK | A | 1.11% | |
| UBSI | D | 1.05% | |
| SNV | C | 0.95% | |
| HOMB | A | 0.87% | |
| CFR | B | 0.83% | |
| ABCB | B | 0.77% | |
| UMBF | A | 0.71% | |
| CBSH | A | 0.7% | |
| WSFS | B | 0.57% | |
| IBOC | A | 0.57% | |
| CATY | F | 0.56% | |
| FBP | A | 0.49% | |
| AX | B | 0.48% | |
| FFIN | C | 0.47% | |
| SFBS | C | 0.47% |
FTXO: Top Represented Industries & Keywords
BNKD: Top Represented Industries & Keywords
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