BNKU vs. PILL
Compare and contrast key facts about MicroSectors U.S. Big Banks Index 3X Leveraged ETNs (BNKU) and Direxion Daily Pharmaceutical & Medical Bull 3X Shares (PILL).
BNKU and PILL 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. PILL is a passively managed fund by Direxion that tracks the performance of the Dynamic Pharmaceuticals Intellidex Index. It was launched on Nov 15, 2017. Both BNKU and PILL are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: BNKU or PILL.
Performance
BNKU vs. PILL - Performance Comparison
Returns By Period
BNKU
N/A
N/A
N/A
N/A
N/A
N/A
PILL
11.35%
-8.57%
23.56%
63.14%
-12.56%
N/A
Key characteristics
| BNKU | PILL |
|---|
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BNKU vs. PILL - Expense Ratio Comparison
BNKU has a 0.95% expense ratio, which is lower than PILL's 0.98% expense ratio.
Correlation
The correlation between BNKU and PILL is 0.45, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Risk-Adjusted Performance
BNKU vs. PILL - 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 Direxion Daily Pharmaceutical & Medical Bull 3X Shares (PILL). 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. PILL - Dividend Comparison
BNKU has not paid dividends to shareholders, while PILL's dividend yield for the trailing twelve months is around 1.36%.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|
BNKU MicroSectors U.S. Big Banks Index 3X Leveraged ETNs | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
PILL Direxion Daily Pharmaceutical & Medical Bull 3X Shares | 1.36% | 1.82% | 0.68% | 0.00% | 0.00% | 0.37% | 0.91% | 0.05% |
Drawdowns
BNKU vs. PILL - Drawdown Comparison
Volatility
BNKU vs. PILL - Volatility Comparison
The current volatility for MicroSectors U.S. Big Banks Index 3X Leveraged ETNs (BNKU) is 0.00%, while Direxion Daily Pharmaceutical & Medical Bull 3X Shares (PILL) has a volatility of 15.68%. This indicates that BNKU experiences smaller price fluctuations and is considered to be less risky than PILL based on this measure. The chart below showcases a comparison of their rolling one-month volatility.