BNKD vs. BRAZ ETF Comparison
Comparison of MicroSectors U.S. Big Banks Index -3X Inverse Leveraged ETNs (BNKD) to Global X Brazil Active ETF (BRAZ)
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
$18.75
Average Daily Volume
52,608
10
BRAZ
Global X Brazil Active ETF
BRAZ Description
The fund is an actively managed exchange traded fund ("ETF") advised by Global X Management Company LLC (the "Adviser") that seeks to achieve its investment objective by investing, under normal circumstances, at least 80% of its net assets, plus any borrowings for investment purposes, measured at the time of purchase, in equity securities: (i) of issuers domiciled in Brazil; and/or (ii) that are tied economically to Brazil. The fund is non-diversified.Grade (RS Rating)
Last Trade
$24.64
Average Daily Volume
624
6
Performance
| Period | BNKD | BRAZ |
|---|---|---|
| 30 Days | -22.30% | 4.17% |
| 60 Days | -10.67% | -5.02% |
| 90 Days | -30.55% | -7.18% |
| 12 Months | -65.85% |
0 Overlapping Holdings
| Symbol | Grade | Weight in BNKD | Weight in BRAZ | Overlap |
|---|
BNKD: Top Represented Industries & Keywords
BRAZ: Top Represented Industries & Keywords
Compare ETFs
