Global X Enhanced Equal Weight Banks Index ETF (BNKL)

Global X Enhanced Equal Weight Banks Index ETF (BNKL $30.58)
- $30.58 P/E (TTM): 12.17X Cap: $16M
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Global X Enhanced Equal Weight Banks Index ETF (BNKL $30.58)
- $30.58 P/E (TTM): 12.17X Cap: $16M
- View BNKL Profile
- View Questions on BNKL

Q: Do you have any strong opinions about this ETF from Horizon for a long term hold? It tracks 6 Canadian bank stocks with 25% leverage. Is the cost of the leverage cheaper for them than it would be for a retail investor to borrow to invest?

Read Answer Asked by Jamie on September 12, 2023