BNKU vs. COIN
Compare and contrast key facts about MicroSectors U.S. Big Banks Index 3X Leveraged ETNs (BNKU) and Coinbase Global, Inc. (COIN).
BNKU is a passively managed fund by Bank of Montreal that tracks the performance of the Solactive MicroSectors U.S. Big Banks Index (-300%). It was launched on Apr 2, 2019.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: BNKU or COIN.
Performance
BNKU vs. COIN - Performance Comparison
Returns By Period
BNKU
N/A
N/A
N/A
N/A
N/A
N/A
COIN
75.16%
53.14%
28.19%
178.85%
N/A
N/A
Key characteristics
| BNKU | COIN |
|---|
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Correlation
The correlation between BNKU and COIN is 0.35, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Risk-Adjusted Performance
BNKU vs. COIN - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for MicroSectors U.S. Big Banks Index 3X Leveraged ETNs (BNKU) and Coinbase Global, Inc. (COIN). 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.
Dividends
BNKU vs. COIN - Dividend Comparison
Neither BNKU nor COIN has paid dividends to shareholders.
Drawdowns
BNKU vs. COIN - Drawdown Comparison
Volatility
BNKU vs. COIN - Volatility Comparison
The current volatility for MicroSectors U.S. Big Banks Index 3X Leveraged ETNs (BNKU) is 0.00%, while Coinbase Global, Inc. (COIN) has a volatility of 42.40%. This indicates that BNKU experiences smaller price fluctuations and is considered to be less risky than COIN based on this measure. The chart below showcases a comparison of their rolling one-month volatility.