YCL vs. BNKU
Compare and contrast key facts about ProShares Ultra Yen (YCL) and MicroSectors U.S. Big Banks Index 3X Leveraged ETNs (BNKU).
YCL and BNKU are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. YCL is a passively managed fund by ProShares that tracks the performance of the USD/JPY Exchange Rate (-200%). It was launched on Nov 24, 2008. 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. Both YCL and BNKU 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: YCL or BNKU.
Key characteristics
| YCL | BNKU | |
|---|---|---|
| YTD Return | -17.86% | 21.60% |
| 1Y Return | -28.79% | 120.85% |
| 3Y Return (Ann) | -24.90% | -16.79% |
| 5Y Return (Ann) | -16.36% | -13.47% |
| Sharpe Ratio | -1.41 | 1.70 |
| Daily Std Dev | 19.21% | 63.74% |
| Max Drawdown | -85.91% | -91.10% |
| Current Drawdown | -85.09% | -63.78% |
Correlation
The correlation between YCL and BNKU is -0.14. This indicates that the assets' prices tend to move in opposite directions. Negative correlation can be particularly beneficial for diversification and risk management, as one asset may offset the losses of the other during market fluctuations.
Performance
YCL vs. BNKU - Performance Comparison
In the year-to-date period, YCL achieves a -17.86% return, which is significantly lower than BNKU's 21.60% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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YCL vs. BNKU - Expense Ratio Comparison
Both YCL and BNKU have an expense ratio of 0.95%.
Risk-Adjusted Performance
YCL vs. BNKU - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for ProShares Ultra Yen (YCL) and MicroSectors U.S. Big Banks Index 3X Leveraged ETNs (BNKU). 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
YCL vs. BNKU - Dividend Comparison
Neither YCL nor BNKU has paid dividends to shareholders.
Drawdowns
YCL vs. BNKU - Drawdown Comparison
The maximum YCL drawdown since its inception was -85.91%, smaller than the maximum BNKU drawdown of -91.10%. Use the drawdown chart below to compare losses from any high point for YCL and BNKU. For additional features, visit the drawdowns tool.
Volatility
YCL vs. BNKU - Volatility Comparison
The current volatility for ProShares Ultra Yen (YCL) is 7.64%, while MicroSectors U.S. Big Banks Index 3X Leveraged ETNs (BNKU) has a volatility of 16.29%. This indicates that YCL experiences smaller price fluctuations and is considered to be less risky than BNKU based on this measure. The chart below showcases a comparison of their rolling one-month volatility.