PFFL vs. BNKU ETF Comparison
Comparison of ETRACS 2xMonthly Pay Leveraged Preferred Stock Index ETN due September 25, 2048 (PFFL) to MicroSectors U.S. Big Banks Index 3X Leveraged ETNs (BNKU)
PFFL
ETRACS 2xMonthly Pay Leveraged Preferred Stock Index ETN due September 25, 2048
PFFL Description
The investment seeks to provide two times leveraged long exposure to the compounded monthly performance of the Solactive Preferred Stock ETF Index (the “index”). The index is designed to track the price movements of an equally weighted portfolio of two exchange-traded funds (“ETFs”) that hold preferred securities of various issuers. The Securities are two times leveraged with respect to the index and, as a result, will benefit from two times any beneficial, but will be exposed to two times any adverse, compounded monthly performance of the index.
Grade (RS Rating)
Last Trade
$9.44
Average Daily Volume
5,218
2
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
$29.56
Average Daily Volume
441,876
10
Performance
| Period | PFFL | BNKU |
|---|---|---|
| 30 Days | -7.02% | 3.25% |
| 60 Days | -6.40% | 24.15% |
| 90 Days | -4.88% | 26.54% |
| 12 Months | 4.51% | 95.37% |
0 Overlapping Holdings
| Symbol | Grade | Weight in PFFL | Weight in BNKU | Overlap |
|---|
PFFL: Top Represented Industries & Keywords
BNKU: Top Represented Industries & Keywords
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