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MicroSectors™ U.S. Big Banks -3x Inverse Leveraged ETNs (BNKD)

Trading--Inverse Equity | Exchange Traded Fund | NYSEArca
40.67 USD

Short-term: ☆☆☆☆☆ | Long-term: ★☆☆☆☆ | Dividends: ☆☆☆☆☆
Hot Take | April 19, 2026, 12:19 a.m. EDT

Strong short-term bearish opportunity leveraging heavy distribution decay for an inverse leveraged ETN (BNKD), with price collapsing below 50% of its 52-week high and showing intense downward momentum over the past two weeks; long-term holding is a value trap due to potential ETF termination and permanent capital loss, and there is no dividend yield.

Model Selection — Backtest MAE (log-scale, lower is better)
ModelMAE
AutoETS ✓0.112055
AutoARIMA0.112117
MSTL0.112509
AutoTheta0.158927

Forecast horizon: 45 days | Selected: AutoETS

Forecast Reliability
Score 56%
H-stat 2.55
Ljung-Box p 0.000
Jarque-Bera p 0.293
Excess Kurtosis -1.14
Attribute Value
Trailing P/E 10.77

Info Dump

Attribute Value
All Time High 283.8
All Time Low 40.5
Ask 41.27
Ask Size 200
Average Daily Volume10 Day 490
Average Daily Volume3 Month 755
Average Volume 755
Average Volume10Days 490
Beta3 Year 0.0
Bid 41.05
Bid Size 200
Book Value 112.675
Category Trading--Inverse Equity
Crypto Tradeable 0
Currency USD
Custom Price Alert Confidence HIGH
Day High 39.28
Day Low 39.28
Dividend Yield 0.0
Earnings Call Timestamp End 1,748,433,600
Earnings Call Timestamp Start 1,748,433,600
Earnings Timestamp End 1,756,470,600
Earnings Timestamp Start 1,756,125,000
Eps Trailing Twelve Months 3.7756798
Esg Populated 0
Exchange PCX
Exchange Data Delayed By 0
Exchange Timezone Name America/New_York
Exchange Timezone Short Name EDT
Fifty Day Average 51.93212
Fifty Day Average Change -11.26572
Fifty Day Average Change Percent -0.21693164
Fifty Two Week Change Percent -78.251144
Fifty Two Week High 192.65
Fifty Two Week High Change -151.9836
Fifty Two Week High Change Percent -0.78891045
Fifty Two Week Low 39.28
Fifty Two Week Low Change 1.3864021
Fifty Two Week Low Change Percent 0.03529537
Fifty Two Week Range 39.28 - 192.65
Financial Currency CAD
First Trade Date Milliseconds 1,740,061,800,000
Full Exchange Name NYSEArca
Fund Family BMO Capital Markets
Fund Inception Date 1,740,009,600
Gmt Off Set Milliseconds -14,400,000
Has Pre Post Market Data 1
Is Earnings Date Estimate 0
Language en-US
Legal Type Exchange Traded Fund
Long Business Summary The ETNs are senior unsecured medium-term notes issued by Bank of Montreal with a return linked to a three times leveraged inverse participation in the performance of the index, compounded daily, less a Daily Financing Charge, the Daily Investor Fee and, if applicable, the Redemption Fee Amount.
Long Name MicroSectors™ U.S. Big Banks -3x Inverse Leveraged ETNs
Market us_market
Market State REGULAR
Max Age 86,400
Message Board Id finmb_1932024998
Nav Price 41.73519
Net Assets 1,957,619.0
Net Expense Ratio 0.35
Open 39.28
Previous Close 40.6664
Price Hint 2
Price To Book 0.3609177
Quote Source Name Nasdaq Real Time Price
Quote Type ETF
Region US
Regular Market Change 0.0
Regular Market Change Percent 0.0
Regular Market Day High 39.28
Regular Market Day Low 39.28
Regular Market Day Range 39.28 - 39.28
Regular Market Open 39.28
Regular Market Previous Close 40.6664
Regular Market Price 40.6664
Regular Market Time 1,776,779,161
Regular Market Volume 157
Short Name MicroSectors U.S. Big Banks -3
Source Interval 15
Symbol BNKD
Total Assets 1,957,619
Tradeable 0
Trailing Annual Dividend Rate 0.0
Trailing Annual Dividend Yield 0.0
Trailing P E 10.770617
Trailing Peg Ratio None
Trailing Three Month Nav Returns 22.71942
Trailing Three Month Returns 22.71942
Triggerable 1
Two Hundred Day Average 64.03358
Two Hundred Day Average Change -23.367176
Two Hundred Day Average Change Percent -0.36492068
Type Disp ETF
Volume 157
Yield 0.0
Ytd Return 22.71942