BNKD vs. YQQQ

Last updated Apr 2, 2026

Compare and contrast key facts about MicroSectors U.S. Big Banks Index -3X Inverse Leveraged ETNs (BNKD) and YieldMax Short N100 Option Income Strategy ETF (YQQQ).

BNKD and YQQQ are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. BNKD is a passively managed fund by REX that tracks the performance of the Solactive MicroSectors U.S. Big Banks Index (-300%). It was launched on Apr 2, 2019. YQQQ is an actively managed fund by YieldMax. It was launched on Aug 14, 2024.

Performance

BNKD vs. YQQQ - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in MicroSectors U.S. Big Banks Index -3X Inverse Leveraged ETNs (BNKD) and YieldMax Short N100 Option Income Strategy ETF (YQQQ). The values are adjusted to include any dividend payments, if applicable.

BNKD vs. YQQQ - Yearly Performance Comparison

	2026 (YTD)	2025
BNKD MicroSectors U.S. Big Banks Index -3X Inverse Leveraged ETNs	4.54%	-62.08%
YQQQ YieldMax Short N100 Option Income Strategy ETF	10.57%	-6.82%

Returns By Period

In the year-to-date period, BNKD achieves a 4.54% return, which is significantly lower than YQQQ's 10.57% return.

BNKD

• 1D: -2.95%
• 1M: 0.27%
• YTD: 4.54%
• 6M: -26.08%
• 1Y: -70.11%
• 3Y*: —
• 5Y*: —
• 10Y*: —

YQQQ

• 1D: -1.10%
• 1M: 5.50%
• YTD: 10.57%
• 6M: 12.35%
• 1Y: -7.23%
• 3Y*: —
• 5Y*: —
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

BNKD vs. YQQQ - Expense Ratio Comparison

BNKD has a 0.95% expense ratio, which is lower than YQQQ's 0.99% expense ratio.

YQQQ

YieldMax Short N100 Option Income Strategy ETF

BNKD

MicroSectors U.S. Big Banks Index -3X Inverse Leveraged ETNs

Return for Risk

BNKD vs. YQQQ — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

BNKD

BNKD Risk / Return Rank: 1
BNKD Sharpe Ratio Rank: 1
BNKD Sortino Ratio Rank: 0
BNKD Omega Ratio Rank: 0
BNKD Calmar Ratio Rank: 1
BNKD Martin Ratio Rank: 4

YQQQ

YQQQ Risk / Return Rank: 6
YQQQ Sharpe Ratio Rank: 5
YQQQ Sortino Ratio Rank: 5
YQQQ Omega Ratio Rank: 4
YQQQ Calmar Ratio Rank: 7
YQQQ Martin Ratio Rank: 9

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

BNKD vs. YQQQ - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for MicroSectors U.S. Big Banks Index -3X Inverse Leveraged ETNs (BNKD) and YieldMax Short N100 Option Income Strategy ETF (YQQQ). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

	BNKD	YQQQ	Difference
Sharpe ratio Return per unit of total volatility	-0.94	-0.42	-0.52
Sortino ratio Return per unit of downside risk	-1.82	-0.44	-1.38
Omega ratio Gain probability vs. loss probability	0.79	0.93	-0.14
Calmar ratio Return relative to maximum drawdown	-0.82	-0.31	-0.52
Martin ratio Return relative to average drawdown	-1.01	-0.41	-0.60
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

BNKD vs. YQQQ - Sharpe Ratio Comparison

The current BNKD Sharpe Ratio is -0.94, which is lower than the YQQQ Sharpe Ratio of -0.42. The chart below compares the historical Sharpe Ratios of BNKD and YQQQ, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	BNKD	YQQQ	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	-0.94	-0.42	-0.52
Sharpe Ratio (All Time) Calculated using the full available price history	-0.74	-0.17	-0.57

Correlation

The correlation between BNKD and YQQQ is 0.61, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.

Dividends

BNKD vs. YQQQ - Dividend Comparison

BNKD has not paid dividends to shareholders, while YQQQ's dividend yield for the trailing twelve months is around 27.65%.

	TTM	2025	2024
BNKD MicroSectors U.S. Big Banks Index -3X Inverse Leveraged ETNs	0.00%	0.00%	0.00%
YQQQ YieldMax Short N100 Option Income Strategy ETF	27.65%	31.71%	7.88%

Drawdowns

BNKD vs. YQQQ - Drawdown Comparison

The maximum BNKD drawdown since its inception was -84.27%, which is greater than YQQQ's maximum drawdown of -24.85%. Use the drawdown chart below to compare losses from any high point for BNKD and YQQQ.

Drawdown Indicators

	BNKD	YQQQ	Difference
Max Drawdown Largest peak-to-trough decline	-84.27%	-24.85%	-59.42%
Max Drawdown (1Y) Largest decline over 1 year	-84.27%	-24.85%	-59.42%
Current Drawdown Current decline from peak	-79.46%	-12.77%	-66.69%
Average Drawdown Average peak-to-trough decline	-61.07%	-13.36%	-47.71%
Ulcer Index Depth and duration of drawdowns from previous peaks	68.85%	18.68%	+50.17%

Volatility

BNKD vs. YQQQ - Volatility Comparison

MicroSectors U.S. Big Banks Index -3X Inverse Leveraged ETNs (BNKD) has a higher volatility of 19.24% compared to YieldMax Short N100 Option Income Strategy ETF (YQQQ) at 5.37%. This indicates that BNKD's price experiences larger fluctuations and is considered to be riskier than YQQQ based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	BNKD	YQQQ	Difference
Volatility (1M) Calculated over the trailing 1-month period	19.24%	5.37%	+13.87%
Volatility (6M) Calculated over the trailing 6-month period	45.69%	9.43%	+36.26%
Volatility (1Y) Calculated over the trailing 1-year period	75.17%	17.32%	+57.85%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	76.93%	16.38%	+60.55%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	76.93%	16.38%	+60.55%