BNKU vs. COIN
BNKU (MicroSectors U.S. Big Banks Index 3X Leveraged ETNs) is Leveraged Equities fund tracking the Solactive MicroSectors U.S. Big Banks Index (-300%), while COIN (Coinbase Global, Inc.) is a stock. Over the past year, BNKU returned 92.66% vs -59.34% for COIN. At a 0.45 correlation, their price movements are largely independent.
Performance
BNKU vs. COIN - Performance Comparison
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Returns By Period
In the year-to-date period, BNKU achieves a 29.57% return, which is significantly higher than COIN's -30.41% return.
BNKU
- 1D
- -1.14%
- 1M
- 12.81%
- 6M
- 18.36%
- YTD
- 29.57%
- 1Y
- 92.66%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
COIN
- 1D
- -1.07%
- 1M
- -1.51%
- 6M
- -35.23%
- YTD
- -30.41%
- 1Y
- -59.34%
- 3Y*
- 14.33%
- 5Y*
- -7.30%
- 10Y*
- —
BNKU vs. COIN - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
BNKU MicroSectors U.S. Big Banks Index 3X Leveraged ETNs | 29.57% | 34.97% |
COIN Coinbase Global, Inc. | -30.41% | -12.58% |
Correlation
The correlation between BNKU and COIN is 0.34, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.34 |
Correlation (All Time) Calculated using the full available price history since Feb 20, 2025 | 0.45 |
The correlation between BNKU and COIN shifts across timeframes, from 0.34 (1 year) to 0.45 (all time), reflecting how their relationship changes across market environments.
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Return for Risk
BNKU vs. COIN — Risk / Return Rank
BNKU
COIN
BNKU vs. COIN - Risk-Adjusted Trends 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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| BNKU | COIN | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +2.47 | ||
| Sortino ratioReturn per unit of downside risk | +3.45 | ||
| Omega ratioGain probability vs. loss probability | 1.26 | 0.84 | +0.42 |
| Calmar ratioReturn relative to maximum drawdown | 2.27 | -0.90 | +3.17 |
| Martin ratioReturn relative to average drawdown | 5.98 | -1.34 | +7.32 |
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Drawdowns
BNKU vs. COIN - Drawdown Comparison
The maximum BNKU drawdown since its inception was -61.21%, smaller than the maximum COIN drawdown of -91.46%. Use the drawdown chart below to compare losses from any high point for BNKU and COIN.
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Drawdown Indicators
| BNKU | COIN | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -61.21% | -91.46% | +30.25% |
Max Drawdown (1Y)Largest decline over 1 year | -40.97% | -66.39% | +25.42% |
Max Drawdown (3Y)Largest decline over 3 years | — | -66.39% | — |
Max Drawdown (5Y)Largest decline over 5 years | — | -90.90% | — |
Current DrawdownCurrent decline from peak | -2.00% | -62.51% | +60.51% |
Average DrawdownAverage peak-to-trough decline | -17.20% | -52.73% | +35.53% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 15.55% | 44.40% | -28.85% |
Volatility
BNKU vs. COIN - Volatility Comparison
MicroSectors U.S. Big Banks Index 3X Leveraged ETNs (BNKU) and Coinbase Global, Inc. (COIN) have volatilities of 17.34% and 17.14%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| BNKU | COIN | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 17.34% | 17.14% | +0.20% |
Volatility (6M)Calculated over the trailing 6-month period | 46.43% | 52.80% | -6.37% |
Volatility (1Y)Calculated over the trailing 1-year period | 58.62% | 67.63% | -9.01% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 72.40% | 85.97% | -13.57% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 72.40% | 85.18% | -12.78% |
Dividends
BNKU vs. COIN - Dividend Comparison
Neither BNKU nor COIN has paid dividends to shareholders.
Frequently Asked Questions
BNKU and COIN have a correlation of 0.34, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
BNKU has higher volatility (17.34%) compared to COIN (17.14%). In terms of maximum drawdown, BNKU dropped -61.21% vs COIN's -91.46%.
BNKU currently has the higher Sharpe Ratio (1.59 vs -0.88), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
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