IFV vs. BNKU ETF Comparison
Comparison of First Trust Dorsey Wright International Focus 5 ETF (IFV) to MicroSectors U.S. Big Banks Index 3X Leveraged ETNs (BNKU)
IFV
First Trust Dorsey Wright International Focus 5 ETF
IFV Description
The investment seeks investment results that correspond generally to the price andyield (before fees and expenses) of an index called the Dorsey WrightInternational Focus Five Index. The fund will normally invest at least 90% of its net assets (plus the amount ofany borrowings for investment purposes) in the exchange-traded funds ("ETFs") that comprise the index. The index is designed to provide targeted exposure to the five First Trust country/region-based ETFs that the index Provider believes offer the greatest potential to outperform the other ETFs in the selection universe. The fund is non-diversified.
Grade (RS Rating)
Last Trade
$21.26
Average Daily Volume
16,881
3
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
$36.13
Average Daily Volume
264,393
10
Performance
Period | IFV | BNKU |
---|---|---|
30 Days | 3.60% | 18.50% |
60 Days | 6.63% | 14.37% |
90 Days | 8.26% | 22.23% |
12 Months | 19.79% | 79.48% |
0 Overlapping Holdings
Symbol | Grade | Weight in IFV | Weight in BNKU | Overlap |
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IFV: Top Represented Industries & Keywords
BNKU: Top Represented Industries & Keywords