BNKU vs. XYZG

Last updated Aug 4, 2026

BNKU (MicroSectors U.S. Big Banks Index 3X Leveraged ETNs) and XYZG (Leverage Shares 2X Long XYZ Daily ETF) are both Leveraged Equities funds. BNKU is passively managed, while XYZG is actively managed. Over the past year, BNKU returned 100.75% vs -14.17% for XYZG. Their 0.40 correlation means their historical movements had little consistent relationship. BNKU charges 0.95%/yr vs 0.75%/yr for XYZG.

Performance

BNKU vs. XYZG - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in MicroSectors U.S. Big Banks Index 3X Leveraged ETNs (BNKU) and Leverage Shares 2X Long XYZ Daily ETF (XYZG). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, BNKU achieves a 31.56% return, which is significantly higher than XYZG's 26.52% return.

BNKU

• 1D: 1.66%
• 1M: 7.26%
• 6M: 22.79%
• YTD: 31.56%
• 1Y: 100.75%
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: 48.65%

XYZG

• 1D: 1.88%
• 1M: 6.63%
• 6M: 50.33%
• YTD: 26.52%
• 1Y: -14.17%
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: 38.37%

*Multi-year figures are annualized to reflect compound growth (CAGR)

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
BNKU MicroSectors U.S. Big Banks Index 3X Leveraged ETNs	$287.92K	$638.07K	$490.60K
XYZG Leverage Shares 2X Long XYZ Daily ETF	$145.13K	$162.56K	$177.46K

BNKU vs. XYZG - Yearly Performance Comparison

	2026 (YTD)	2025
BNKU MicroSectors U.S. Big Banks Index 3X Leveraged ETNs	31.56%	173.24%
XYZG Leverage Shares 2X Long XYZ Daily ETF	26.52%	21.76%

Correlation

The correlation between BNKU and XYZG is 0.33, which is low. Their historical price movements had little consistent relationship.

	Correlation
Correlation (1Y) Focuses on recent behavior, but can change the most.	0.33
Correlation (All Time) Calculated using the full available price history since Apr 4, 2025	0.40

Return for Risk

BNKU vs. XYZG — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

BNKU

BNKU Risk / Return Rank: 63
BNKU Sharpe Ratio Rank: 72
BNKU Sortino Ratio Rank: 61
BNKU Omega Ratio Rank: 62
BNKU Calmar Ratio Rank: 68
BNKU Martin Ratio Rank: 53

XYZG

XYZG Risk / Return Rank: 11
XYZG Sharpe Ratio Rank: 8
XYZG Sortino Ratio Rank: 14
XYZG Omega Ratio Rank: 14
XYZG Calmar Ratio Rank: 8
XYZG Martin Ratio Rank: 8

The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

BNKU vs. XYZG - 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 Leverage Shares 2X Long XYZ Daily ETF (XYZG). 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	XYZG	Difference
Sharpe ratio: Return per unit of total volatility	1.71	-0.16	+1.87
Sortino ratio: Return per unit of downside risk	2.14	0.42	+1.72
Omega ratio: Gain probability vs. loss probability	1.28	1.05	+0.22
Calmar ratio: Return relative to maximum drawdown	2.47	-0.21	+2.68
Martin ratio: Return relative to average drawdown	6.51	-0.36	+6.87

BNKU vs. XYZG - Sharpe Ratio Comparison

The current BNKU Sharpe Ratio is 1.71, which is higher than the XYZG Sharpe Ratio of -0.16. The chart below compares the historical Sharpe Ratios of BNKU and XYZG, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

BNKU vs. XYZG - Drawdown Comparison

The maximum BNKU drawdown since its inception was -61.21%, smaller than the maximum XYZG drawdown of -69.40%. Use the drawdown chart below to compare losses from any high point for BNKU and XYZG.

Drawdown Indicators

	BNKU	XYZG	Difference
Max Drawdown Largest peak-to-trough decline	-61.21%	-69.40%	+8.19%
Max Drawdown (1Y) Largest decline over 1 year	-40.97%	-68.73%	+27.76%
Current Drawdown Current decline from peak	-6.02%	-28.11%	+22.09%
Average Drawdown Average peak-to-trough decline	-16.74%	-29.84%	+13.10%
Ulcer Index Depth and duration of drawdowns from previous peaks	15.54%	39.13%	-23.59%

Volatility

BNKU vs. XYZG - Volatility Comparison

MicroSectors U.S. Big Banks Index 3X Leveraged ETNs (BNKU) has a higher volatility of 18.49% compared to Leverage Shares 2X Long XYZ Daily ETF (XYZG) at 17.21%. This indicates that BNKU's price experiences larger fluctuations and is considered to be riskier than XYZG based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	BNKU	XYZG	Difference
Volatility (1M) Calculated over the trailing 1-month period	18.49%	17.21%	+1.28%
Volatility (6M) Calculated over the trailing 6-month period	46.92%	71.09%	-24.17%
Volatility (1Y) Calculated over the trailing 1-year period	59.32%	91.94%	-32.62%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	71.91%	100.60%	-28.69%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	71.91%	100.60%	-28.69%

BNKU vs. XYZG - Expense Ratio Comparison

BNKU has a 0.95% expense ratio, which is higher than XYZG's 0.75% expense ratio.

Dividends

BNKU vs. XYZG - Dividend Comparison

BNKU has not paid dividends to shareholders, while XYZG's dividend yield for the trailing twelve months is around 5.29%.

Position	TTM	2025
BNKU MicroSectors U.S. Big Banks Index 3X Leveraged ETNs	0.00%	0.00%
XYZG Leverage Shares 2X Long XYZ Daily ETF	5.29%	6.69%

Frequently Asked Questions

Can I hold both BNKU and XYZG in my portfolio?

BNKU and XYZG have a correlation of 0.33, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, BNKU or XYZG?

BNKU has higher volatility (18.49%) compared to XYZG (17.21%). In terms of maximum drawdown, BNKU dropped -61.21% vs XYZG's -69.40%.

Which ETF is better, BNKU or XYZG?

On 1-year performance, BNKU leads with 100.75% vs -14.17% for XYZG. On fees, XYZG is cheaper at 0.75% per year. On volatility, XYZG has been the lower-risk option at 17.21%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, BNKU or XYZG?

Over the 1-year period, BNKU has performed better with a 100.75% return vs -14.17%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, BNKU or XYZG?

XYZG is cheaper with a 0.75% expense ratio, compared with 0.95% for BNKU.

Which ETF pays a higher dividend yield, BNKU or XYZG?

XYZG has the higher dividend yield at 5.29%, compared with 0.00% for BNKU.

What is the main difference between BNKU and XYZG?

They also come from different issuers: BMO and Leverage Shares. Their fees differ too: 0.95% for BNKU and 0.75% for XYZG.

Which has better risk-adjusted returns?

BNKU currently has the higher Sharpe Ratio (1.71 vs -0.15), 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.