BNKU vs. MVAL ETF Comparison

Comparison of MicroSectors U.S. Big Banks Index 3X Leveraged ETNs (BNKU) to SHL Telemedicine Ltd VanEck Morningstar Wide Moat Value ETF (MVAL)
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

$31.38

Average Daily Volume

247,407

Number of Holdings *

10

* may have additional holdings in another (foreign) market
MVAL

SHL Telemedicine Ltd VanEck Morningstar Wide Moat Value ETF

MVAL Description The fund invests at least 80% of its total assets in securities that comprise the fund"s benchmark index. The index is comprised of equity securities of companies that Morningstar, Inc. determines have sustainable competitive advantages based on a proprietary methodology that considers quantitative and qualitative factors and are attractively priced and weighted according to a modified equal weighting scheme that tilts exposure in favor of pure value companies. It is non-diversified.

Grade (RS Rating)

Last Trade

$29.64

Average Daily Volume

222

Number of Holdings *

10

* may have additional holdings in another (foreign) market
Performance
Period BNKU MVAL
30 Days 3.91% -1.70%
60 Days 1.29% -0.79%
90 Days 6.99% -0.93%
12 Months 107.95%
2 Overlapping Holdings
Symbol Grade Weight in BNKU Weight in MVAL Overlap
SCHW D 10.0% 4.38% 4.38%
USB D 10.0% 3.81% 3.81%
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