JETD vs. ETEC ETF Comparison

Comparison of Bank Of Montreal MAX Airlines -3X Inverse Leveraged ETNs (JETD) to iShares Breakthrough Environmental Solutions ETF (ETEC)

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

$12.75

Average Daily Volume

4,600

Number of Holdings ^*

17

* may have additional holdings in another (foreign) market

ETEC

iShares Breakthrough Environmental Solutions ETF

ETEC Description

ETEC provides exposure to global equities categorized as emerging green technology. Selection begins with the initial index universe that then excludes companies involved in controversial issues against UNGC principles. Stocks are reviewed to meet revenue derived from eight sustainable themes: energy efficiency, green buildings and transportation, pollution prevention and reduction, renewable energy, resource efficiency technologies and services, water, and sustainable agriculture, food, and forestry. The fund excludes companies with total sustainable product revenue less than 25%. The remaining stocks are screened further to only include companies classified as green technologies. Stocks are scored within the Rogers innovation adoption curve to determine their position across the innovators-laggards spectrum, which contributes to an aggregate score. The top 50 companies with the highest aggregate scores are selected. The market cap-weighted index is reconstituted annually in December and rebalanced quarterly.

Grade (RS Rating)

Last Trade

$19.80

Average Daily Volume

521

Number of Holdings ^*

11

* may have additional holdings in another (foreign) market

Performance

Period	JETD	ETEC
30 Days	-15.24%	-3.23%
60 Days	-33.97%	-7.26%
90 Days	-41.78%	-3.37%
12 Months	-60.88%	-6.86%

0 Overlapping Holdings

	Symbol	Grade	Weight in JETD	Weight in ETEC	Overlap

JETD Overweight 17 Positions Relative to ETEC

	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%

JETD Underweight 11 Positions Relative to ETEC

	Symbol	Grade	Weight
	BWA	D	-6.35%
	TSLA	B	-5.97%
	OLED	D	-4.92%
	XPEV	C	-4.28%
	LI	F	-3.41%
	FSLR	F	-3.26%
	XYL	D	-2.69%
	NIO	F	-2.46%
	ENPH	F	-2.31%
	LCID	F	-1.14%
	SEDG	F	-0.6%

JETD: Top Represented Industries & Keywords

Industries: Airlines Aerospace & Defense Integrated Shipping & Logistics Diversified Industrials Specialty Industrial Machinery

Keywords: Aviation S&P 500 Air Transportation Airline Aerospace Air Transportation Services Airport Cargo Customs Brokerage Freight Forwarder Freight Transport Transport Aircraft Management Airline Industry Brakes Business Aviation Cargo Services Dow Jones Component Express Mail Freight Services

ETEC: Top Represented Industries & Keywords

Industries: Auto Manufacturers Semiconductor Equipment & Materials Solar Auto Parts Diversified Industrials

Keywords: Electric Vehicle S&P 500 Transport Cars Motor Vehicles Nasdaq 100 Photovoltaic System Photovoltaics Automotive Manufacturers Electromagnetism Inverter Systems Inverters Power Systems Powertrain Renewable Energy Solar Panel Solar Power Solar Power Systems Sport Utility Vehicle Actuator