AIRR vs. JETD ETF Comparison

Comparison of First Trust RBA American Industrial Renaissance ETF (AIRR) to Bank Of Montreal MAX Airlines -3X Inverse Leveraged ETNs (JETD)
AIRR

First Trust RBA American Industrial Renaissance ETF

AIRR Description

The investment seeks investment results that correspond generally to the price and yield (before the fund's fees and expenses) of an index called the Richard Bernstein Advisors American Industrial Renaissance Index (the "index"). The fund will normally invest at least 90% of its net assets (plus the amount of any borrowings for investment purposes) in U.S. equity securities that comprise the index. The index is designed to measure the performance of small and mid cap U.S. companies in the industrial and community banking sectors. It is non-diversified.

Grade (RS Rating)

Last Trade

$84.32

Average Daily Volume

355,464

Number of Holdings *

52

* may have additional holdings in another (foreign) market
JETD

Bank Of Montreal MAX Airlines -3X Inverse Leveraged ETNs

JETD Description The index is a net total return index that tracks the stock prices of U.S.-listed companies that have operations relating to the airline industry, including airlines and aircraft and aircraft parts manufacturers, and companies engaged in the businesses of air freight and logistics, aircraft leasing and airline and airport operations.

Grade (RS Rating)

Last Trade

$13.20

Average Daily Volume

4,528

Number of Holdings *

17

* may have additional holdings in another (foreign) market
Performance
Period AIRR JETD
30 Days 7.54% -9.93%
60 Days 10.85% -33.49%
90 Days 16.96% -43.25%
12 Months 62.87% -60.25%
0 Overlapping Holdings
Symbol Grade Weight in AIRR Weight in JETD Overlap
AIRR Overweight 52 Positions Relative to JETD
Symbol Grade Weight
MLI B 3.42%
AAON B 3.32%
AIT B 3.3%
GVA A 3.25%
EME A 3.09%
RBC A 3.04%
BWXT B 2.98%
KEX A 2.96%
ZWS B 2.93%
MDU D 2.9%
MSM D 2.87%
CHRW B 2.82%
HRI C 2.74%
ATKR D 2.73%
DY D 2.72%
CLH C 2.71%
PRIM A 2.63%
CNM C 2.56%
MTZ A 2.55%
FIX A 2.52%
FSS B 2.38%
WMS F 2.33%
ROAD B 2.16%
HII F 2.08%
ACA A 1.75%
MWA B 1.74%
FNB B 1.72%
STRL B 1.71%
ASB B 1.42%
WTFC B 1.41%
ONB B 1.38%
MRCY C 1.28%
GBX B 1.15%
HEES C 1.12%
VSEC B 1.06%
BLBD F 0.96%
FULT B 0.94%
TGI A 0.91%
POWL C 0.91%
WNC D 0.91%
DNOW B 0.87%
FFBC B 0.87%
LMB A 0.83%
TPC C 0.81%
PRLB B 0.8%
XMTR C 0.78%
PRK B 0.78%
FRME B 0.77%
FCF B 0.67%
AMRC F 0.62%
LKFN B 0.57%
TRNS F 0.53%
AIRR Underweight 17 Positions Relative to JETD
Symbol Grade Weight
BA D -9.0%
UPS C -9.0%
RTX D -9.0%
HON B -9.0%
GE D -9.0%
FDX B -9.0%
DAL A -8.98%
AAL B -7.91%
UAL A -7.29%
GD D -7.17%
LUV B -6.79%
JBLU F -1.84%
ALK A -1.84%
SKYW B -0.63%
CPA A -0.57%
FWRD D -0.53%
ALGT C -0.46%
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