Key stats
About MicroSectors U.S. Big Banks Index 3X Leveraged ETNs
Expense ratio
0.95%
Home page
Inception date
Apr 2, 2019
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.
Classification
Returns
| 1 month | 3 months | Year to date | 1 year | 3 years | 5 years | |
|---|---|---|---|---|---|---|
| Price performance | — | — | — | — | — | — |
| NAV total return | — | — | — | — | — | — |
Dividends
Dividend payout history