NYSE ARCA | ETF
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.
Top 11 Holdings
| Asset | Name | Sector | Industry | Weight |
|---|---|---|---|---|
| WFC | Wells Fargo & Company | Financial Services | Banks - Diversified | 10.45% |
| MS | Morgan Stanley | Financial Services | Capital Markets | 10.31% |
| GS | Goldman Sachs Group Inc | Financial Services | Capital Markets | 10.30% |
| BAC | Bank of America Corp | Financial Services | Banks - Diversified | 10.18% |
| C | Citigroup Inc. | Financial Services | Banks - Diversified | 10.05% |
| PNC | PNC Financial Services Group Inc | Financial Services | Banks - Regional | 10.05% |
| TFC | Truist Financial Corp | Financial Services | Banks - Regional | 10.00% |
| BK | The Bank of New York Mellon Corporation | Financial Services | Banks - Diversified | 9.87% |
| JPM | JPMorgan Chase & Co | Financial Services | Banks - Diversified | 9.82% |
| USB | U.S. Bancorp | Financial Services | Banks - Regional | 9.82% |
| SCHW | Charles Schwab Corp | Financial Services | Capital Markets | 9.15% |