MicroSectors U.S. Big Banks Index 3X Leveraged ETNsMicroSectors U.S. Big Banks Index 3X Leveraged ETNsMicroSectors U.S. Big Banks Index 3X Leveraged ETNs

MicroSectors U.S. Big Banks Index 3X Leveraged ETNs

No trades
See on Supercharts

Key stats

Assets under management (AUM)
‪260.39 M‬USD
Fund flows (1Y)
Dividend yield (indicated)
Discount/Premium to NAV
0.4%

About MicroSectors U.S. Big Banks Index 3X Leveraged ETNs

Issuer
Bank of Montreal
Brand
REX Microsectors
Expense ratio
0.95%
Inception date
Apr 2, 2019
Index tracked
Solactive MicroSectors U.S. Big Banks Index
Management style
Passive
ISIN
US0636798235
BNKU is a leveraged take on US Big Banks. Specifically, the fund tracks three times the underlying index, which selects the 10 largest qualifying stocks by market cap and evenly weights them. As a levered product, the fund isnt designed for long-term investors. The fund rebalances daily, and as a result, compounding and path dependency make its long-term returns difficult to predict when compared with its underlying index.
Summarizing what the indicators are suggesting.
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy