BNKU vs. INDY ETF Comparison
Comparison of MicroSectors U.S. Big Banks Index 3X Leveraged ETNs (BNKU) to iShares S&P India Nifty 50 Index Fund (INDY)
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
$36.13
Average Daily Volume
264,393
10
INDY
iShares S&P India Nifty 50 Index Fund
INDY Description
The investment seeks to track the investment results of an index composed of 50 of the largest Indian equities. The Subsidiary and the fund will collectively invest at least 80% of the fund's total assets in securities that comprise the underlying index and in depositary receipts representing securities of the underlying index. It seeks to track the investment results of the CNX Nifty IndexTM (the "underlying index"), which measures the equity performance of the top 50 companies by free float market capitalization whose equity securities trade in the Indian securities markets. The fund is non-diversified.Grade (RS Rating)
Last Trade
$54.10
Average Daily Volume
77,373
2
Performance
| Period | BNKU | INDY |
|---|---|---|
| 30 Days | 18.50% | 1.88% |
| 60 Days | 14.37% | -0.15% |
| 90 Days | 22.23% | 3.92% |
| 12 Months | 79.48% | 18.83% |
0 Overlapping Holdings
| Symbol | Grade | Weight in BNKU | Weight in INDY | Overlap |
|---|
BNKU: Top Represented Industries & Keywords
INDY: Top Represented Industries & Keywords
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