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
70
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
17
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: Top Represented Industries & Keywords
JETU: Top Represented Industries & Keywords