BNKD vs. THLV ETF Comparison
Comparison of MicroSectors U.S. Big Banks Index -3X Inverse Leveraged ETNs (BNKD) to THOR Low Volatility ETF (THLV)
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
THLV
THOR Low Volatility ETF
THLV Description
The fund seeks to achieve its investment objective by investing at least 80% of its total assets in securities included in the index. The rules-based index is comprised of U.S. equity exchange traded funds ("ETFs"). The primary goal of the index is to gain exposure to U.S. large cap equities while attempting to lower volatility by avoiding sectors that are currently in a down trending cycle.Grade (RS Rating)
Last Trade
$27.59
Average Daily Volume
6,188
7
Performance
Period | BNKD | THLV |
---|---|---|
30 Days | -16.72% | 3.29% |
60 Days | -15.41% | 2.22% |
90 Days | -21.76% | 4.49% |
12 Months | -59.53% | 10.06% |
0 Overlapping Holdings
Symbol | Grade | Weight in BNKD | Weight in THLV | Overlap |
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BNKD: Top Represented Industries & Keywords
THLV: Top Represented Industries & Keywords