IAI vs. BNKD ETF Comparison

Comparison of iShares U.S. Broker-Dealers ETF (IAI) to MicroSectors U.S. Big Banks Index -3X Inverse Leveraged ETNs (BNKD)
IAI

iShares U.S. Broker-Dealers ETF

IAI Description

The investment seeks to track the investment results of an index composed of U.S. equities in the investment services sector. The fund generally invests at least 90% of its assets in securities of the underlying index and in depositary receipts representing securities of the index. It seeks to track the investment results of the Dow Jones U.S. Select Investment Services Index (the "underlying index"), which measures the performance of the investment services sector of the U.S. equity market. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$98.54

Average Daily Volume

102,907

Number of Holdings *

23

* may have additional holdings in another (foreign) market
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

$14.50

Average Daily Volume

23,725

Number of Holdings *

10

* may have additional holdings in another (foreign) market
Performance
IAI BNKD
30 Days 4.73% -19.98%
60 Days 6.54% -28.92%
90 Days 16.18% -52.46%
12 Months 73.46% -94.26%
3 Overlapping Holdings
Grade Symbol Weight in IAI Weight in BNKD Overlap
A GS 19.7% 10.0% 10.0%
B MS 20.35% 10.0% 10.0%
A SCHW 4.74% 10.0% 4.74%
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