TSII vs. BNKD

Last updated Jun 4, 2026

TSII (REX TSLA Growth & Income ETF) and BNKD (MicroSectors U.S. Big Banks Index -3X Inverse Leveraged ETNs) are both exchange-traded funds - TSII is a Leveraged Equities fund actively managed by REX, while BNKD is a Inverse Equities fund tracking the Solactive MicroSectors U.S. Big Banks Index (-300%). TSII is actively managed, while BNKD is passively managed. At a correlation of -0.25, they often move in opposite directions. TSII charges 0.99%/yr vs 0.95%/yr for BNKD.

Performance

TSII vs. BNKD - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in REX TSLA Growth & Income ETF (TSII) and MicroSectors U.S. Big Banks Index -3X Inverse Leveraged ETNs (BNKD). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, TSII achieves a -6.73% return, which is significantly higher than BNKD's -19.99% return.

TSII

• 1D: 0.32%
• 1M: 6.19%
• YTD: -6.73%
• 6M: -7.31%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

BNKD

• 1D: 3.59%
• 1M: -8.82%
• YTD: -19.99%
• 6M: -30.69%
• 1Y: -65.56%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

TSII vs. BNKD - Yearly Performance Comparison

	2026 (YTD)	2025
TSII REX TSLA Growth & Income ETF	-6.73%	43.72%
BNKD MicroSectors U.S. Big Banks Index -3X Inverse Leveraged ETNs	-19.99%	-57.75%

Correlation

The correlation between TSII and BNKD is -0.25, meaning they tend to move in opposite directions. This is especially valuable for risk management - when one declines, the other has historically tended to hold steady or rise.

	Correlation
Correlation (All Time) Calculated using the full available price history since Jun 5, 2025	-0.25

Return for Risk

TSII vs. BNKD — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

BNKD

BNKD Risk / Return Rank: 1
BNKD Sharpe Ratio Rank: 1
BNKD Sortino Ratio Rank: 0
BNKD Omega Ratio Rank: 1
BNKD Calmar Ratio Rank: 1
BNKD Martin Ratio Rank: 2

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

TSII vs. BNKD - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for REX TSLA Growth & Income ETF (TSII) and MicroSectors U.S. Big Banks Index -3X Inverse Leveraged ETNs (BNKD). 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.

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

Sharpe Ratios by Period

	TSII	BNKD	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	-1.15	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.75	-0.82	+1.57

Drawdowns

TSII vs. BNKD - Drawdown Comparison

The maximum TSII drawdown since its inception was -29.03%, smaller than the maximum BNKD drawdown of -84.82%. Use the drawdown chart below to compare losses from any high point for TSII and BNKD.

Drawdown Indicators

	TSII	BNKD	Difference
Max Drawdown Largest peak-to-trough decline	-29.03%	-84.82%	+55.79%
Max Drawdown (1Y) Largest decline over 1 year	—	-67.85%	—
Current Drawdown Current decline from peak	-14.76%	-84.28%	+69.52%
Average Drawdown Average peak-to-trough decline	-9.31%	-64.01%	+54.70%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	49.30%	—

Volatility

Volatility by Period

	TSII	BNKD	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	14.65%	—
Volatility (6M) Calculated over the trailing 6-month period	—	45.42%	—
Volatility (1Y) Calculated over the trailing 1-year period	46.04%	57.40%	-11.36%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	46.04%	74.17%	-28.13%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	46.04%	74.17%	-28.13%

TSII vs. BNKD - Expense Ratio Comparison

TSII has a 0.99% expense ratio, which is higher than BNKD's 0.95% expense ratio.

Dividends

TSII vs. BNKD - Dividend Comparison

TSII's dividend yield for the trailing twelve months is around 70.30%, while BNKD has not paid dividends to shareholders.

Position	TTM	2025
BNKD MicroSectors U.S. Big Banks Index -3X Inverse Leveraged ETNs	0.00%	0.00%
TSII REX TSLA Growth & Income ETF	70.30%	32.17%

Frequently Asked Questions

Can I hold both TSII and BNKD in my portfolio?

TSII and BNKD have a correlation of -0.25, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, TSII or BNKD?

On fees, BNKD is cheaper at 0.95% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, TSII or BNKD?

BNKD is cheaper with a 0.95% expense ratio, compared with 0.99% for TSII.

Which ETF pays a higher dividend yield, TSII or BNKD?

TSII has the higher dividend yield at 70.30%, compared with 0.00% for BNKD.

What is the main difference between TSII and BNKD?

TSII is categorized as Leveraged Equities, while BNKD is Inverse Equities. Their fees differ too: 0.99% for TSII and 0.95% for BNKD.