MicroSectors U.S. Big Banks Index -2X Inverse Leveraged ETNs (BNKZ) ETF Holdings & Analysis

What BNKZ does

This financial instrument is designed to provide investors with daily returns that are two times the inverse (opposite) performance of the Solactive MicroSectorsTM U.S. Big Banks Index. These are unsecured, medium-term debt obligations, categorized as senior notes, originating from Bank of Montreal. Their value is tied to a daily compounded, two-fold inverse leverage of the index's movements, from which a daily investor fee, any negative daily interest, and a redemption fee (if relevant) are subtracted. The underlying index itself is structured to equally weight, by dollar amount, the ten U.S. banking stocks that possess the highest market capitalization.

Fund profile

PortView Portfolio Insights

PortView analyzes how BNKZ fits your actual portfolio — position weight, ETF overlap with your other funds, sector and geographic exposure, concentration, and how this fund contributes to your portfolio risk and return. Connect a portfolio to see your personalized figures; PortView never shows another user's private holdings.

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Frequently asked questions

What does BNKZ track?

BNKZ is the MicroSectors U.S. Big Banks Index -2X Inverse Leveraged ETNs, a Other ETF.

What is the expense ratio of BNKZ?

Expense ratio data for BNKZ is shown on the page when available from our data provider.

What are the largest holdings in BNKZ?

BNKZ's top holdings are listed on this page when available.

How can PortView analyze BNKZ overlap with other ETFs?

PortView computes the holdings overlap between BNKZ and the other ETFs and stocks you own, plus your combined sector and geographic exposure, so you can see true diversification.