Profile
Assets class:
EquityAssets under management:
$11 MAverage volume:
$43 KDomicile:
USExpense ratio:
0.95%Inception date:
04 April 2019Website:
-Last dividends:
N/ANext dividends:
N/ATop countries
Dividend
BNKD Latest News
Top Performing Levered/Inverse ETFs Last Week These were last week's top-performing leveraged and inverse ETFs. Note that because of leverage, these kinds of funds can move quickly.
August was dull for Wall Street, with all three major indices finishing in the red. This resulted in huge demand for inverse or inverse-leveraged ETFs as these fetch outsized returns on bearish sentiments in a short span.
Banking stocks had a downbeat August. While situation is still grave for regional bank ETFs, still-cheaper valuation and decent earnings for big banks are the positives.
Bank assets and liabilities are at an extreme duration mismatch, where balance sheets are filled with long-duration, low-yielding fixed-income securities and loans, while liabilities are shorter-term than previously anticipated. Significant issues persist within the banking sector concerning the quality of their balance sheets, which, in many cases, have deteriorated further due to rising interest rates and banks' decreased ability to generate profit.
Wall Street delivered downbeat performances last week due to rising rates and the trouble in the Chinese real estate market.
Top Performing Levered/Inverse ETFs Last Week These were last week's top performing leveraged and inverse ETFs. Note that because of leverage, these kinds of funds can move quickly.
Top Performing Levered/Inverse ETFs Last Week These were last week's top performing leveraged and inverse ETFs. Note that because of leverage, these kinds of funds can move quickly.
March was a month of sharp bond and stock volatility triggered by the bank crisis. Yet, the major indices ended the month in green.
Two new Breakout Stocks for Week 13 with better than 10% short-term upside and a Dow 30 Pick. Average cumulative returns for 2023 are +47.4% YTD. The Momentum Gauges® continue negative in bear funds from Mar 7th led by BNKD +62.4%. Last week peak gains were RIOT +31.0%, SVM +15.9%, NVDA +6.3%.
Inverse ETFs surged yesterday despite the Fed's less-hawkish tone. Yellen's testimony probably have triggered the market selloffs.
What is BNKD ETF?
The notes are senior unsecured medium-term notes issued by Bank of Montreal with a return linked to a three times leveraged participation in the inverse performance of the index, compounded daily, less a Daily Investor Fee, any negative Daily Interest and, if applicable, the Redemption Fee Amount. The index is an equal-dollar weighted index designed to represent the 10 U.S. stocks with the largest market capitalization in the banking sector.
What is BNKD assets class?
Assets class of BNKD ETF is 'Equity'
What is BNKD assets under management?
Assets under management of BNKD ETF is $11 M
What is BNKD average volume?
Average volume of BNKD ETF is $43 K
What is BNKD domicile?
Domicile of BNKD ETF is US
What is BNKD expense ratio?
Expense ratio of BNKD ETF is 0.95%
What is BNKD inception date?
Inception date of BNKD ETF is 04 April 2019
What is BNKD website?
Website of BNKD ETF is null