IYF vs. BNKU ETF Comparison

Comparison of iShares U.S. Financial ETF (IYF) to MicroSectors U.S. Big Banks Index 3X Leveraged ETNs (BNKU)

IYF

iShares U.S. Financial ETF

IYF Description

The investment seeks to track the investment results of an index composed of U.S. equities in the financial 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 underlying index. It seeks to track the investment results of the Dow Jones U.S. Financials Index (the "underlying index"), which measures the performance of the financial sector of the U.S. equity market. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$93.27

Average Daily Volume

110,489

Number of Holdings ^*

137

* may have additional holdings in another (foreign) market

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

$31.01

Average Daily Volume

411,145

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	IYF	BNKU
30 Days	-2.16%	1.72%
60 Days	1.56%	15.74%
90 Days	6.37%	31.01%
12 Months	36.53%	145.95%

10 Overlapping Holdings

Symbol	Grade	Weight in IYF	Weight in BNKU	Overlap
BAC	B	4.42%	10.0%	4.42%
C	A	2.49%	10.0%	2.49%
GS	A	2.86%	10.0%	2.86%
JPM	B	9.86%	10.0%	9.86%
MS	A	2.26%	10.0%	2.26%
PNC	A	1.3%	10.0%	1.3%
SCHW	A	2.33%	10.0%	2.33%
TFC	A	1.06%	10.0%	1.06%
USB	C	1.34%	10.0%	1.34%
WFC	B	4.09%	10.0%	4.09%

IYF Overweight 127 Positions Relative to BNKU

Symbol	Grade	Weight
BRK.A	D	12.67%
SPGI	C	2.8%
PGR	B	2.58%
BLK	D	2.38%
CB	C	2.14%
MMC	D	2.1%
BX	D	1.76%
CME	D	1.6%
ICE	D	1.55%
KKR	D	1.31%
MCO	C	1.25%
APO	D	1.2%
AON	F	1.19%
AIG	A	1.12%
AJG	C	1.07%
TRV	C	1.03%
AFL	B	1.03%
ALL	B	0.95%
MET	D	0.94%
BK	A	0.91%
AMP	B	0.88%
PRU	C	0.85%
MSCI	F	0.76%
COIN	D	0.74%
ACGL	A	0.71%
DFS	B	0.67%
HIG	D	0.61%
WTW	D	0.55%
NU	C	0.54%
FITB	A	0.53%
TROW	D	0.52%
MTB	A	0.51%
RJF	A	0.49%
BR	C	0.48%
STT	C	0.47%
NDAQ	B	0.47%
ARES	C	0.47%
LPLA	A	0.43%
MKL	A	0.41%
BRO	C	0.41%
HBAN	A	0.41%
PFG	C	0.4%
FCNCA	B	0.39%
CINF	D	0.38%
RF	B	0.38%
NTRS	C	0.36%
EG	D	0.34%
CFG	A	0.34%
FDS	D	0.34%
WRB	D	0.33%
KEY	C	0.29%
L	A	0.29%
RGA	A	0.27%
IBKR	A	0.26%
TW	B	0.25%
RNR	D	0.24%
FNF	A	0.24%
EQH	A	0.23%
ALLY	A	0.22%
HOOD	C	0.22%
EWBC	A	0.22%
AIZ	C	0.2%
AFG	D	0.2%
NLY	A	0.2%
CG	D	0.2%
OWL	C	0.19%
FHN	A	0.18%
ORI	A	0.17%
JEF	B	0.17%
SF	A	0.17%
UNM	A	0.17%
KNSL	F	0.17%
MORN	C	0.16%
PRI	D	0.16%
MKTX	F	0.16%
WBS	D	0.16%
BEN	F	0.15%
AGNC	B	0.14%
EVR	B	0.14%
SOFI	F	0.14%
HLI	A	0.14%
CBSH	A	0.14%
GL	F	0.14%
VOYA	C	0.14%
CMA	B	0.14%
XP	D	0.14%
SEIC	C	0.14%
ZION	A	0.13%
PNFP	C	0.13%
OMF	A	0.13%
WTFC	A	0.13%
BPOP	A	0.13%
WAL	C	0.13%
CFR	C	0.13%
RITM	A	0.12%
FAF	F	0.12%
PB	B	0.12%
MTG	C	0.12%
STWD	C	0.12%
RLI	D	0.12%
IVZ	D	0.11%
SNV	C	0.11%
AMG	C	0.11%
WTM	A	0.1%
SLM	A	0.1%
THG	A	0.1%
RYAN	D	0.1%
FNB	A	0.1%
AXS	B	0.1%
OZK	B	0.1%
COLB	C	0.09%
JHG	B	0.09%
AGO	D	0.09%
LAZ	C	0.09%
KMPR	B	0.08%
LNC	D	0.08%
BHF	C	0.07%
TPG	C	0.07%
CACC	D	0.07%
FHB	A	0.06%
BOKF	A	0.05%
VIRT	A	0.04%
NYCB	D	0.04%
CNA	B	0.03%
RKT	C	0.03%
UWMC	C	0.02%
TFSL	B	0.02%

IYF Underweight 0 Positions Relative to BNKU

	Symbol	Grade	Weight

BNKU: Top Represented Industries & Keywords

Industries: Banks - Global Banks - Regional - US Capital Markets