BNKD vs. MARB ETF Comparison
Comparison of MicroSectors U.S. Big Banks Index -3X Inverse Leveraged ETNs (BNKD) to First Trust Merger Arbitrage ETF (MARB)
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
$18.23
Average Daily Volume
53,265
10
MARB
First Trust Merger Arbitrage ETF
MARB Description
The investment seeks to provide investors with capital appreciation. Under normal market conditions, the fund seeks to achieve its investment objective by establishing long and short positions in the equity securities of companies that are involved in a publicly-announced significant corporate event, such as a merger or acquisition. It's portfolio may include equity securities issued by U.S. and non-U.S. companies, including American Depositary Receipts (ADRs), and derivatives, including total return swaps. The fund may invest in securities issued by small, mid and large capitalization issuers. It is non-diversified.Grade (RS Rating)
Last Trade
$19.85
Average Daily Volume
6,083
30
Performance
| Period | BNKD | MARB |
|---|---|---|
| 30 Days | -16.72% | -0.19% |
| 60 Days | -15.41% | -0.09% |
| 90 Days | -21.76% | 0.72% |
| 12 Months | -59.53% | -0.71% |
0 Overlapping Holdings
| Symbol | Grade | Weight in BNKD | Weight in MARB | Overlap |
|---|
BNKD Underweight 30 Positions Relative to MARB
| Symbol | Grade | Weight | |
|---|---|---|---|
| HTLF | B | -6.3% | |
| HCP | A | -5.53% | |
| AMED | D | -4.82% | |
| EDR | A | -4.74% | |
| ACI | F | -4.56% | |
| AXNX | A | -4.09% | |
| JNPR | C | -3.63% | |
| ANSS | D | -3.46% | |
| DFS | A | -3.46% | |
| CTLT | A | -3.18% | |
| VZIO | A | -3.02% | |
| HES | D | -2.72% | |
| SRCL | B | -2.59% | |
| PRFT | A | -2.53% | |
| CHX | C | -2.48% | |
| MGRC | D | -2.42% | |
| SRDX | D | -2.25% | |
| PWSC | C | -2.0% | |
| IBTX | B | -1.84% | |
| MRO | B | -1.77% | |
| CPRI | C | -1.59% | |
| EQT | C | --0.07% | |
| WSC | D | --0.99% | |
| COP | D | --1.78% | |
| SSB | C | --1.86% | |
| SNPS | F | --1.96% | |
| CVX | B | --3.1% | |
| SLB | D | --3.68% | |
| COF | A | --3.86% | |
| UMBF | C | --6.56% |
BNKD: Top Represented Industries & Keywords
MARB: Top Represented Industries & Keywords
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