IVEG vs. JETU ETF Comparison
Comparison of iShares Emergent Food and AgTech Multisector ETF (IVEG) to Bank Of Montreal MAX Airlines 3X Leveraged ETNs (JETU)
IVEG
iShares Emergent Food and AgTech Multisector ETF
IVEG Description
The fund invests at least 80% of its assets in the securities of its index and in investments that have economic characteristics that are substantially identical to the securities of its index and may invest up to 20% of its assets in certain futures, options and swap contracts, cash and cash equivalents as well as in securities not included in the index. It is non-diversified.
Grade (RS Rating)
Last Trade
$20.41
Average Daily Volume
1,148
Number of Holdings
*
19
* may have additional holdings in another (foreign) market
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
$27.43
Average Daily Volume
404
Number of Holdings
*
17
* may have additional holdings in another (foreign) market
Performance
| Period | IVEG | JETU |
|---|---|---|
| 30 Days | 0.56% | 4.85% |
| 60 Days | -0.14% | 39.93% |
| 90 Days | 3.53% | 59.15% |
| 12 Months | 15.49% | 67.65% |
0 Overlapping Holdings
| Symbol | Grade | Weight in IVEG | Weight in JETU | Overlap |
|---|
IVEG: Top Represented Industries & Keywords
JETU: Top Represented Industries & Keywords
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