MicroSectors U.S. Big Banks -3x Inverse Leveraged ETNs due Feb 17 2045

BNKD

Market cap $2.17M

Top Performing Leveraged/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.

U.S. markets experienced a massive fall last week, boosting inverse ETFs.

Top Performing Leveraged/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.

Today, Bank of Montreal launched five new ETNS to join its growing lineup of investment strategies. Each of these ETNS offers either a leveraged or inverse strategy to achieve its results.

NEW YORK , Feb. 19, 2025 /PRNewswire/ - In a demonstration of their commitment to the MicroSectors™ product line, Bank of Montreal ("BMO") and REX Shares, LLC ("REX") today announced the launch of the following U.S. Big Banks and U.S. Big Oil Leveraged and Inverse Leveraged MicroSectors™ Exchange Traded Notes ("ETNs") issued by BMO: ETN Ticker Exposure Type MicroSectors™ U.S. Big Banks 3× Leveraged ETNs BNKU 3× (long) MicroSectors™ U.S. Big Banks -3× Inverse Leveraged ETNs BNKD -3× (short) MicroSectors™ U.S. Big Oil 3× Leveraged ETNs NRGU 3× (long) MicroSectors™ U.S. Big Oil -3× Inverse Leveraged ETNs NRGD -3× (short) Each series of ETNs will start trading tomorrow on the NYSE Arca, Inc. under the applicable ticker symbol identified above. Each series of ETNs is intended to offer sophisticated investors three times leveraged long or short, as applicable, participation in the daily performance of the relevant index, before taking into account fees, charges and the decay effect caused by the daily resetting of the leverage.

These were last week's top performing leveraged and inverse ETFs. Note that because of leverage, these kinds of funds can move quickly.

There was growing uneasiness on Wall Street last week, caused by disappointing corporate updates from major banks, reigniting concerns about persistent inflation and the likelihood of sustained elevated interest rates.

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.