JETD vs. IYT ETF Comparison

Comparison of Bank Of Montreal MAX Airlines -3X Inverse Leveraged ETNs (JETD) to iShares Transportation AverageETF (IYT)

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 ^*

* may have additional holdings in another (foreign) market

IYT

iShares Transportation AverageETF

IYT Description

The investment seeks to track the investment results of an index composed of U.S. equities in the transportation 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 Dow Jones Transportation Average Index (the "underlying index"), which measures the performance of the transportation sector of the U.S. equity market.

Grade (RS Rating)

Last Trade

$73.58

Average Daily Volume

482,398

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	JETD	IYT
30 Days	-15.24%	5.17%
60 Days	-33.97%	9.28%
90 Days	-41.78%	10.28%
12 Months	-60.88%	22.70%

11 Overlapping Holdings

Symbol	Grade	Weight in JETD	Weight in IYT	Overlap
AAL	B	7.91%	1.55%	1.55%
ALGT	B	0.46%	0.17%	0.17%
ALK	C	1.84%	1.11%	1.11%
DAL	C	8.98%	5.99%	5.99%
FDX	B	9.0%	4.21%	4.21%
FWRD	D	0.53%	0.11%	0.11%
JBLU	F	1.84%	0.29%	0.29%
LUV	C	6.79%	3.2%	3.2%
SKYW	B	0.63%	0.73%	0.63%
UAL	A	7.29%	5.12%	5.12%
UPS	C	9.0%	8.21%	8.21%

JETD Overweight 6 Positions Relative to IYT

Symbol	Grade	Weight
BA	F	9.0%
RTX	C	9.0%
HON	B	9.0%
GE	D	9.0%
GD	F	7.17%
CPA	D	0.57%

JETD Underweight 33 Positions Relative to IYT

Symbol	Grade	Weight
UBER	D	-16.08%
UNP	C	-15.74%
ODFL	B	-4.59%
CSX	B	-4.25%
NSC	B	-4.19%
XPO	B	-2.8%
EXPD	D	-2.75%
JBHT	C	-2.4%
SAIA	B	-2.26%
CHRW	C	-2.11%
KNX	B	-1.51%
KEX	C	-1.23%
GXO	B	-1.16%
R	B	-1.14%
LSTR	D	-1.06%
LYFT	C	-0.99%
MATX	C	-0.85%
RXO	C	-0.62%
HUBG	A	-0.51%
JOBY	B	-0.5%
ARCB	C	-0.42%
WERN	C	-0.4%
CAR	C	-0.28%
SNDR	B	-0.24%
ATSG	B	-0.18%
MRTN	C	-0.16%
FIP	D	-0.15%
GNK	D	-0.12%
UHAL	D	-0.11%
HTLD	B	-0.09%
SNCY	C	-0.09%
CVLG	C	-0.08%
HTZ	C	-0.08%

JETD: Top Represented Industries & Keywords

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