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

What BNKO does

This investment product offers daily leveraged exposure to the performance of the Solactive MicroSectorsTM U.S. Big Banks Index, seeking to provide two times its daily return. These are senior, unsecured medium-term debt instruments underwritten by Bank of Montreal. Their daily returns are linked to a double-leveraged participation in the index's movements, compounded on a daily basis, but are subject to deductions for a Daily Investor Fee, a Daily Financing Charge, and a potential Redemption Fee. The underlying index itself is equally weighted by dollar amount and tracks the ten largest U.S. banking companies by market capitalization.

Fund profile

PortView Portfolio Insights

PortView analyzes how BNKO 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 BNKO track?

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

What is the expense ratio of BNKO?

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

What are the largest holdings in BNKO?

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

How can PortView analyze BNKO overlap with other ETFs?

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