IXN vs. JETU ETF Comparison

Comparison of iShares Global Tech ETF (IXN) to Bank Of Montreal MAX Airlines 3X Leveraged ETNs (JETU)
IXN

iShares Global Tech ETF

IXN Description

The investment seeks to track the investment results of an index composed of global equities in the technology sector. The fund generally invests at least 90% of its assets in securities of the underlying index and in depositary receipts representing securities of the underlying index. It seeks to track the investment results of the S&P Global 1200 Information Technology IndexTM, which measures the performance of companies that S&P Dow Jones Indices LLC ("S&P"), a subsidiary of McGraw Hill Financial, Inc., deems to be part of the information technology sector of the economy and that S&P believes are important to global markets. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$83.38

Average Daily Volume

169,757

Number of Holdings *

70

* 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

$28.13

Average Daily Volume

415

Number of Holdings *

17

* may have additional holdings in another (foreign) market
Performance
Period IXN JETU
30 Days 0.82% 14.52%
60 Days 2.26% 41.24%
90 Days 0.88% 55.74%
12 Months 28.15% 70.55%
0 Overlapping Holdings
Symbol Grade Weight in IXN Weight in JETU Overlap
IXN Overweight 70 Positions Relative to JETU
Symbol Grade Weight
AAPL C 18.69%
MSFT F 16.84%
NVDA C 9.17%
AVGO D 4.5%
CRM B 2.06%
ORCL B 1.92%
CSCO B 1.51%
ADBE C 1.46%
ACN C 1.45%
AMD F 1.43%
NOW A 1.36%
INTU C 1.26%
IBM C 1.23%
TXN C 1.2%
QCOM F 1.17%
AMAT F 0.91%
PLTR B 0.87%
PANW C 0.82%
MU D 0.7%
INTC D 0.7%
ADI D 0.67%
ANET C 0.63%
LRCX F 0.6%
APH A 0.56%
KLAC D 0.54%
MSI B 0.53%
CDNS B 0.52%
SNPS B 0.52%
CRWD B 0.51%
ADSK A 0.42%
FTNT C 0.39%
NXPI D 0.38%
ROP B 0.38%
FICO B 0.36%
TEL B 0.29%
IT C 0.26%
DELL C 0.25%
CTSH B 0.25%
GLW B 0.23%
HPQ B 0.23%
MCHP D 0.22%
ON D 0.2%
ANSS B 0.19%
HPE B 0.18%
MPWR F 0.18%
TYL B 0.17%
GDDY A 0.17%
KEYS A 0.17%
NTAP C 0.16%
PTC A 0.15%
CDW F 0.15%
WDC D 0.14%
TDY B 0.14%
ZBRA B 0.13%
STX D 0.13%
FSLR F 0.13%
GEN B 0.11%
UMC F 0.11%
TER D 0.11%
TRMB B 0.11%
JBL B 0.1%
EPAM C 0.1%
VRSN F 0.1%
AKAM D 0.09%
SWKS F 0.09%
FFIV B 0.09%
JNPR F 0.08%
ENPH F 0.06%
QRVO F 0.05%
SMCI F 0.04%
IXN Underweight 17 Positions Relative to JETU
Symbol Grade Weight
BA F -9.0%
UPS C -9.0%
RTX C -9.0%
HON B -9.0%
GE D -9.0%
FDX B -9.0%
DAL C -8.98%
AAL B -7.91%
UAL A -7.29%
GD F -7.17%
LUV C -6.79%
JBLU F -1.84%
ALK C -1.84%
SKYW B -0.63%
CPA D -0.57%
FWRD D -0.53%
ALGT B -0.46%
Compare ETFs