BNKDMicroSectors™ U.S. Big Banks -3x Inverse Leveraged ETNs
Seeks to provide -3x inverse leveraged exposure to the Solactive MicroSectors™ U.S. Big Banks Index.
By BMO Capital Markets · Launched 2025
Annual Cost
0.35%
#1,699 of 6,040 · low cost
Fund Size
$0.9M
#5,815 of 6,040 · small
Return (1Y)
-57.6%
Track Record
1 year
#4,110 of 6,040 · young
Performance
Total-return NAV · USDGrowth of $10,000
$4,561-54.4%
Total-return NAV, USD. Net of fund fees, before tax.
What's inside
How Beacon categorizes this fundAsset class
EquityRegion
North americaStrategy
Inverse
Sector
FinancialsIndex tracked
Solactive MicroSectors US Big Banks Index
Holdings
By weightConcentration
synthetic exposure — holdings shown are derivatives collateral, not the fund's positions
Wells Fargo & CoWFC
10.3%
Bank of New York Mellon CorpBNY
10.2%
JPMorgan Chase & CoJPM
10.1%
Bank of America CorpBAC
10.0%
Citigroup IncC
10.0%
U.S. BancorpUSB
10.0%
Morgan StanleyMS
9.9%
PNC Financial Services Group IncPNC
9.9%
The Goldman Sachs Group IncGS
9.9%
Charles Schwab CorpSCHW
9.7%
Asset allocation
Stocks
100.0%
By sector
Financial Services
100.0%
Risk profile
Last 12 months · Sharpe & Sortino need 3+ yearsVolatility (1Y)
59.8%High
Year-on-year price swings
Max drawdown
-99.9%Severe
Worst peak-to-trough loss
Sharpe (3Y)
-0.85Below average
Sortino (3Y)
-1.29Moderate downside risk
Listing
- Exchange
- NYSE Arca
Full fund details
- Objective
- Seeks to provide -3x inverse leveraged exposure to the Solactive MicroSectors™ U.S. Big Banks Index.
- Strategy
- Provides -3x inverse leveraged exposure to an equally-weighted index of the largest U.S. banking and investment services stocks, resetting daily. The index includes 10 stocks based on free-float market capitalization.
- Inception date
- February 20, 2025
- Fund family
- BMO Capital Markets
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Data updated on 2026-09-18