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.
Correlation
The correlation between BNKU and COIN is 0.34, 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.
Performance
BNKU vs. COIN - Performance Comparison
Key characteristics
Returns By Period
BNKU
N/A
N/A
N/A
N/A
N/A
N/A
COIN
13.50%
6.06%
25.55%
112.18%
N/A
N/A
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Risk-Adjusted Performance
BNKU vs. COIN — Risk-Adjusted Performance Rank
BNKU
COIN
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 18.74%. 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.