MicroSectors U.S. Big Banks 3x Leveraged ETN (BNKU) Performance
BNKU total return
Distributions reinvested · as of Oct 23, 2026- YTD
- −11.2% since Dec 31, 2025
- 1 year
- +19.2% total return
- Since first price
- +29.6% since 2025
BNKU trailing returns vs SPY, QQQ, AGG
| Period | BNKU total return | Price only | S&P 500 (SPY) | Nasdaq-100 (QQQ) | U.S. bonds (AGG) |
|---|---|---|---|---|---|
| 1 month | −15.3% | −15.3% | −1.0% | −5.0% | +0.9% |
| 3 months | −32.2% | −32.2% | +3.2% | +1.9% | −0.4% |
| 6 months | −8.3% | −8.3% | +7.8% | +8.4% | −1.5% |
| YTD | −11.2% | −11.2% | +12.3% | +15.1% | −1.0% |
| 1 year | +19.2% | +19.2% | +14.4% | +15.9% | −1.1% |
| Since inceptionFeb 20, 2025 | +29.6% | +29.6% | — | — | — |
Total return from adjusted closes (distributions reinvested, before tax). Periods of 3 years or more are also shown annualized. Price only excludes distributions.
Growth of $10,000: BNKU vs SPY
From Feb 20, 2025: BNKU grew to $12,962, SPY to $12,695.
Year-end values with distributions reinvested, no taxes or trading costs. Start: first common trading day of both funds.
BNKU returns by calendar year
2026 is year to date.
BNKU annual returns table
| Year | BNKU | Largest drop | SPY | QQQ | AGG |
|---|---|---|---|---|---|
| 2026YTD | −11.2% | −41.0% | +12.3% | +15.1% | −1.0% |
Largest drop = deepest fall from a high within that calendar year.
Calendar-year return vs largest drop within the year
Most years include a sizable fall at some point even when the year ends higher.
BNKU largest drawdowns
Now 37.8% below the high| Peak | Decline | Bottom | Recovered | Fall | Underwater |
|---|---|---|---|---|---|
| Feb 20, 2025 | −58.0% | Apr 4, 2025 | Jul 2, 2025 | 43 days | 4 months |
| Feb 9, 2026 | −41.0% | Mar 13, 2026 | Jun 16, 2026 | 32 days | 4 months |
| Aug 14, 2026 | −39.4% | Oct 19, 2026 | not yet | 2 months | 2 months so far |
| Sep 19, 2025 | −19.2% | Oct 10, 2025 | Nov 12, 2025 | 21 days | 54 days |
| Nov 12, 2025 | −15.6% | Nov 20, 2025 | Dec 3, 2025 | 8 days | 21 days |
| Jan 6, 2026 | −15.5% | Jan 23, 2026 | Feb 6, 2026 | 17 days | 31 days |
Declines from a closing high (distributions reinvested) of 10% or more. Underwater = time from the peak until the old high was regained.
BNKU risk statistics
| Statistic | Since 2025 |
|---|---|
| Annualized return | +26.5% |
| Volatility (annualized) | 58.1% |
| Sharpe ratio | 0.62 |
| Sortino ratio | 0.99 |
| Best month | +26.6% |
| Worst month | −27.7% |
| Best 12 months | +141.1% |
| Worst 12 months | +15.3% |
| Positive months | 58% |
| Beta vs S&P 500 | — |
| Correlation with S&P 500 | — |
From monthly total returns. Sharpe and Sortino use 1–3 month T-bills (BIL) as the risk-free rate, so they need history from 2007 on.
BNKU rolling returns
| Holding period | Periods | Worst | Median | Best | Positive |
|---|---|---|---|---|---|
| 1-year | 9 | +11.2% | +63.4% | +141.1% | 100% |
Every holding period starting at a month-end since 2025. Returns for 3 years and longer are annualized.
BNKU performance overview
MicroSectors U.S. Big Banks 3x Leveraged ETN (BNKU) returned +19.2% over the past year, with distributions reinvested. Since its first recorded price on Feb 20, 2025 it has returned +29.6%. Over the same year S&P 500 (SPY) returned +14.4%.
The deepest decline was −58.0%, from Feb 20, 2025 to Apr 4, 2025, and it took 3 months to get back to the old high. Volatility has been 58.1% a year.
Related: BNKU chart, BNKU holdings, BNKU valuation. See the BNKU overview for the latest quote and fund facts.
BNKU performance FAQ
What is the BNKU return over the past year?
BNKU returned +19.2% over the 12 months to October 23, 2026, including reinvested distributions. On price alone it rose 19.2%.
How much would $10,000 invested in BNKU be worth?
$10,000 invested in BNKU at its first recorded close on February 20, 2025 would be worth about $12,962 on October 23, 2026 with distributions reinvested.
What is the biggest drawdown of BNKU?
The largest peak-to-trough decline was −58.0% between February 20, 2025 and April 4, 2025. It recovered to the old high on July 2, 2025, 3 months after the bottom.
How volatile is BNKU?
Over the past history BNKU had an annualized volatility of 58.1% and a Sharpe ratio of 0.62 (excess return over 1–3 month T-bills per unit of risk).