BNKU vs. RINC ETF Comparison
Comparison of MicroSectors U.S. Big Banks Index 3X Leveraged ETNs (BNKU) to AXS Real Estate Income ETF (RINC)
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
$32.57
Average Daily Volume
251,887
10
RINC
AXS Real Estate Income ETF
RINC Description
The fund uses a "passive management" approach to track the performance, before fees and expenses, of the index. Under normal circumstances, at least 80% of the fund"s net assets, plus borrowings for investment purposes, will be invested in the component securities of the index. The index consists primarily of common stocks of U.S. publicly traded real estate investment trusts that focus on owning commercial and residential mortgages and mortgage-backed securities and to a lesser extent, publicly traded closed-end funds. It is non-diversified.Grade (RS Rating)
Last Trade
$22.75
Average Daily Volume
5,485
10
Performance
| Period | BNKU | RINC |
|---|---|---|
| 30 Days | 6.89% | 0.77% |
| 60 Days | 8.28% | 0.80% |
| 90 Days | 12.89% | -0.43% |
| 12 Months | 99.33% |
0 Overlapping Holdings
| Symbol | Grade | Weight in BNKU | Weight in RINC | Overlap |
|---|
BNKU: Top Represented Industries & Keywords
RINC: Top Represented Industries & Keywords
Compare ETFs
