BNKU vs. NRGU
Compare and contrast key facts about MicroSectors U.S. Big Banks Index 3X Leveraged ETNs (BNKU) and MicroSectors U.S. Big Oil Index 3X Leveraged ETN (NRGU).
BNKU and NRGU are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. 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. NRGU is a passively managed fund by BMO that tracks the performance of the Solactive MicroSectors U.S. Big Oil Index (-300%). It was launched on Apr 9, 2019. Both BNKU and NRGU are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Performance
BNKU vs. NRGU - Performance Comparison
Loading graphics...
BNKU vs. NRGU - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
BNKU MicroSectors U.S. Big Banks Index 3X Leveraged ETNs | -19.59% | 46.04% |
NRGU MicroSectors U.S. Big Oil Index 3X Leveraged ETN | 139.49% | -33.00% |
Returns By Period
In the year-to-date period, BNKU achieves a -19.59% return, which is significantly lower than NRGU's 139.49% return.
BNKU
- 1D
- 2.79%
- 1M
- -4.99%
- YTD
- -19.59%
- 6M
- 2.83%
- 1Y
- 71.32%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
NRGU
- 1D
- -10.75%
- 1M
- 24.81%
- YTD
- 139.49%
- 6M
- 107.68%
- 1Y
- 69.15%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
BNKU vs. NRGU - Expense Ratio Comparison
Both BNKU and NRGU have an expense ratio of 0.95%.
Return for Risk
BNKU vs. NRGU — Risk / Return Rank
BNKU
NRGU
BNKU vs. NRGU - 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 MicroSectors U.S. Big Oil Index 3X Leveraged ETN (NRGU). 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.
| BNKU | NRGU | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 0.97 | 0.79 | +0.18 |
Sortino ratioReturn per unit of downside risk | 1.53 | 1.48 | +0.04 |
Omega ratioGain probability vs. loss probability | 1.23 | 1.21 | +0.02 |
Calmar ratioReturn relative to maximum drawdown | 1.62 | 1.29 | +0.32 |
Martin ratioReturn relative to average drawdown | 4.36 | 2.64 | +1.72 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading graphics...
Sharpe Ratios by Period
| BNKU | NRGU | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.97 | 0.79 | +0.18 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.21 | 0.61 | -0.41 |
Correlation
The correlation between BNKU and NRGU is 0.24, 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.
Dividends
BNKU vs. NRGU - Dividend Comparison
Neither BNKU nor NRGU has paid dividends to shareholders.
Drawdowns
BNKU vs. NRGU - Drawdown Comparison
The maximum BNKU drawdown since its inception was -58.03%, roughly equal to the maximum NRGU drawdown of -57.50%. Use the drawdown chart below to compare losses from any high point for BNKU and NRGU.
Loading graphics...
Drawdown Indicators
| BNKU | NRGU | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -58.03% | -57.50% | -0.53% |
Max Drawdown (1Y)Largest decline over 1 year | -41.95% | -55.24% | +13.29% |
Current DrawdownCurrent decline from peak | -31.84% | -17.40% | -14.44% |
Average DrawdownAverage peak-to-trough decline | -16.05% | -25.38% | +9.33% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 15.59% | 27.12% | -11.53% |
Volatility
BNKU vs. NRGU - Volatility Comparison
The current volatility for MicroSectors U.S. Big Banks Index 3X Leveraged ETNs (BNKU) is 18.56%, while MicroSectors U.S. Big Oil Index 3X Leveraged ETN (NRGU) has a volatility of 23.31%. This indicates that BNKU experiences smaller price fluctuations and is considered to be less risky than NRGU based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading graphics...
Volatility by Period
| BNKU | NRGU | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 18.56% | 23.31% | -4.75% |
Volatility (6M)Calculated over the trailing 6-month period | 46.10% | 50.27% | -4.17% |
Volatility (1Y)Calculated over the trailing 1-year period | 73.75% | 88.18% | -14.43% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 75.64% | 87.12% | -11.48% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 75.64% | 87.12% | -11.48% |