HACK vs. JETU ETF Comparison
Comparison of ETFMG Prime Cyber Security ETF (HACK) to Bank Of Montreal MAX Airlines 3X Leveraged ETNs (JETU)
HACK
ETFMG Prime Cyber Security ETF
HACK Description
The investment seeks investment results that, before fees and expenses, correspond generally to the price and yield performance of the Prime Cyber Defense Index. The fund invests at least 80% of its total assets in the component securities of the index and in ADRs and GDRs based on the component securities in the index. The index tracks the performance of the exchange-listed equity securities of companies across the globe that (i) engage in providing cybersecurity applications or services as a vital component of its overall business or (ii) provide hardware or software for cybersecurity activities as a vital component of its overall business.
Grade (RS Rating)
Last Trade
$73.25
Average Daily Volume
69,051
23
JETU
Bank Of Montreal MAX Airlines 3X Leveraged ETNs
JETU Description
JETU is a leveraged take on the US airport transportation industry. Specifically, the fund tracks 3x the index, which includes firms involved in airlines, aircraft and aircraft parts manufacturers, airfreight and logistics, aircraft leasing, and airline and airport operations. The index defines the industries based on the North American Industry Classification System (NAICS) and selects US-listed equities, excluding any ETPs and MLPs. The index also excludes issuers organized in Canada or China. For industry screens, Aircraft and Parts Manufacturing industry only includes the five largest companies by market cap. Airfreight and Logistics companies must disclose in their recent annual report that they own aircraft to execute their core business activity. The index is a modified liquidity-weighted index, which ranks the constituents, based on highest average daily value traded. As a geared product, JETU is designed as a short-term trading tool and not a long-term investment vehicle. Long-term returns could materially differ from those of the index due to daily compounding.Grade (RS Rating)
Last Trade
$27.06
Average Daily Volume
415
17
Performance
Period | HACK | JETU |
---|---|---|
30 Days | 3.61% | 8.77% |
60 Days | 7.76% | 39.51% |
90 Days | 8.20% | 49.84% |
12 Months | 32.37% | 64.09% |
1 Overlapping Holdings
Symbol | Grade | Weight in HACK | Weight in JETU | Overlap | |
---|---|---|---|---|---|
GD | D | 5.33% | 7.17% | 5.33% |
HACK Overweight 22 Positions Relative to JETU
HACK: Top Represented Industries & Keywords
JETU: Top Represented Industries & Keywords