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PRNewswire (Thu, 12-Feb 4:00 PM ET)
MicroSectors US Big Banks -3X Inverse Leveraged ETN is linked to the performance of the Solactive MicroSectors U.S. Big Banks Index (the "Index"). Each series of ETNs offer sophisticated investors three times leveraged long or short, as applicable, participation in the performance of the Index, compounded daily, before taking into account fees, charges and the decay effect caused by the daily resetting of the leverage. The ETN has a specified leverage factor that is reset daily. The Index is an equally-weighted equity index that tracks the performance of 10 of the largest (determined by free-float market capitalization) U.S. stocks included in the banking and investment services sectors, based on the sector classification from FactSet RBICS (Revere Business Industry Classification System). The Index is a total return index, in which dividends paid on the applicable securities are included in the level of the Index.
Microsectors US Big Banks -3X Inverse Leveraged ETN trades on the ARCA stock market under the symbol BNKD.
As of March 10, 2026, BNKD stock price declined to $58.53 with 1,427 million shares trading.
BNKD has a market cap of $1.87 million. This is considered a Sub-Micro Cap stock.
BNKD has underperformed the market in the last year with a return of -66.7%, while SPY returned +18.8%. This shows that you would have done better investing in the overall market (through SPY) over the last year than in BNKD shares. However, BNKD has outperformed the market in the last 3 month and 2 week periods, returning +3.4% and +11.0%, while SPY returned -0.6% and -0.8%, respectively. This indicates BNKD has been having a stronger performance recently.
BNKD support price is $54.92 and resistance is $62.99 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that BNKD shares will trade within this expected range on the day.