MicroSectors U.S. Big Banks Index -3X Inverse Leveraged ETNs (BNKD)
BNKD is a passive ETF by Bank of Montreal tracking the investment results of the Solactive MicroSectors U.S. Big Banks Index (-300%). BNKD launched on Apr 2, 2019 and has a 0.95% expense ratio.
ETF Info
| ISIN | US0636797815 |
|---|---|
| CUSIP | 063679781 |
| Issuer | Bank of Montreal |
| Inception Date | Apr 2, 2019 |
| Region | North America (U.S.) |
| Category | Leveraged Equities, Leveraged |
| Leveraged | 3x |
| Expense Ratio | 0.95% |
| Index Tracked | Solactive MicroSectors U.S. Big Banks Index (-300%) |
| ETF Home Page | www.microsectors.com |
| Asset Class | Equity |
Asset Class Size | Multi-Cap |
Trading Data
| Previous Close | $16.25 |
|---|---|
| Year Range | $7.44 - $17.36 |
| EMA (50) | $13.76 |
| EMA (200) | $12.19 |
| Average Volume | $47.40K |
BNKDShare Price Chart
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BNKDPerformance
The chart shows the growth of $10,000 invested in MicroSectors U.S. Big Banks Index -3X Inverse Leveraged ETNs on Apr 4, 2019 and compares it to the S&P 500 index or another benchmark. It would be worth nearly $3,314 for a total return of roughly -66.86%. All prices are adjusted for splits and dividends.
BNKDReturns in periods
| Period | Return | Benchmark |
|---|---|---|
| 1M | 4.85% | -3.63% |
| YTD | 59.52% | -21.11% |
| 6M | 53.62% | -19.13% |
| 1Y | 4.57% | -11.00% |
| 5Y | -29.05% | 8.71% |
| 10Y | -29.05% | 8.71% |
BNKDMonthly Returns Heatmap
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BNKDDividend History
MicroSectors U.S. Big Banks Index -3X Inverse Leveraged ETNs doesn't pay dividends
BNKDDrawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way.
BNKDWorst Drawdowns
The table below shows the maximum drawdowns of the MicroSectors U.S. Big Banks Index -3X Inverse Leveraged ETNs. A maximum drawdown is an indicator of risk. It shows a reduction in portfolio value from its maximum due to a series of losing trades.
The maximum drawdown since January 2010 for the MicroSectors U.S. Big Banks Index -3X Inverse Leveraged ETNs is 99.13%, recorded on Jan 12, 2022. The portfolio has not recovered from it yet.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -99.13% | Mar 13, 2020 | 464 | Jan 12, 2022 | — | — | — |
| -57.41% | Jun 3, 2019 | 149 | Jan 2, 2020 | 45 | Mar 9, 2020 | 194 |
| -21.2% | Mar 10, 2020 | 1 | Mar 10, 2020 | 2 | Mar 12, 2020 | 3 |
| -18.86% | Apr 10, 2019 | 17 | May 3, 2019 | 14 | May 23, 2019 | 31 |
| -3.43% | May 24, 2019 | 1 | May 24, 2019 | 1 | May 28, 2019 | 2 |
| -1.13% | Apr 8, 2019 | 1 | Apr 8, 2019 | 1 | Apr 9, 2019 | 2 |
BNKDVolatility Chart
Current MicroSectors U.S. Big Banks Index -3X Inverse Leveraged ETNs volatility is 102.17%. The chart below shows the rolling 10-day volatility. Volatility is a statistical measure showing how big price swings are in either direction. The higher asset volatility, the riskier it is, because the price movements are less predictable.
Portfolios with MicroSectors U.S. Big Banks Index -3X Inverse Leveraged ETNs
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