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BNKU vs. COIN
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Key characteristics


BNKUCOIN
YTD Return28.11%52.44%
1Y Return93.35%306.00%
Sharpe Ratio1.584.08
Daily Std Dev65.43%78.55%
Max Drawdown-91.10%-90.90%
Current Drawdown-61.84%-25.82%

Correlation

0.39
-1.001.00

The correlation between BNKU and COIN is 0.39, 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

In the year-to-date period, BNKU achieves a 28.11% return, which is significantly lower than COIN's 52.44% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.


-80.00%-70.00%-60.00%-50.00%-40.00%-30.00%-20.00%-10.00%OctoberNovemberDecember2024FebruaryMarch
-34.31%
-19.24%
BNKU
COIN

Compare stocks, funds, or ETFs


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

Coinbase Global, Inc.

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.


Sharpe ratioSortino ratioOmega ratioCalmar ratioUlcer Index
BNKU
MicroSectors U.S. Big Banks Index 3X Leveraged ETNs
1.58
COIN
Coinbase Global, Inc.
4.08

BNKU vs. COIN - Sharpe Ratio Comparison

The current BNKU Sharpe Ratio is 1.58, which is lower than the COIN Sharpe Ratio of 4.08. The chart below compares the 12-month rolling Sharpe Ratio of BNKU and COIN.


Rolling 12-month Sharpe Ratio-1.000.001.002.003.004.005.00OctoberNovemberDecember2024FebruaryMarch
1.58
4.08
BNKU
COIN

Dividends

BNKU vs. COIN - Dividend Comparison

Neither BNKU nor COIN has paid dividends to shareholders.


Tickers have no history of dividend payments

Drawdowns

BNKU vs. COIN - Drawdown Comparison

The maximum BNKU drawdown since its inception was -91.10%, roughly equal to the maximum COIN drawdown of -90.90%. The drawdown chart below compares losses from any high point along the way for BNKU and COIN


-90.00%-80.00%-70.00%-60.00%-50.00%-40.00%-30.00%-20.00%OctoberNovemberDecember2024FebruaryMarch
-57.36%
-25.82%
BNKU
COIN

Volatility

BNKU vs. COIN - Volatility Comparison

The current volatility for MicroSectors U.S. Big Banks Index 3X Leveraged ETNs (BNKU) is 14.49%, while Coinbase Global, Inc. (COIN) has a volatility of 24.90%. 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.


10.00%15.00%20.00%25.00%30.00%OctoberNovemberDecember2024FebruaryMarch
14.49%
24.90%
BNKU
COIN