JETD vs. PPA ETF Comparison
Comparison of Bank Of Montreal MAX Airlines -3X Inverse Leveraged ETNs (JETD) to PowerShares Aerospace & Defense (PPA)
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
$13.20
Average Daily Volume
4,528
Number of Holdings
*
17
* may have additional holdings in another (foreign) market
PPA
PowerShares Aerospace & Defense
PPA Description
The PowerShares Aerospace & Defense Portfolio (Fund) is based on the SPADE⢠Defense Index (Index). The Fund will normally invest at least 90% of its total assets in common stocks that comprise the Index. The Index is designed to identify a group of companies involved in the development, manufacturing, operations and support of US defense, homeland security and aerospace operations. The Fund and the Index are rebalanced and reconstituted quarterly.Grade (RS Rating)
Last Trade
$120.11
Average Daily Volume
182,189
Number of Holdings
*
48
* may have additional holdings in another (foreign) market
Performance
| Period | JETD | PPA |
|---|---|---|
| 30 Days | -9.93% | -1.07% |
| 60 Days | -33.49% | 4.37% |
| 90 Days | -43.25% | 6.95% |
| 12 Months | -60.25% | 37.38% |
JETD Underweight 43 Positions Relative to PPA
| Symbol | Grade | Weight | |
|---|---|---|---|
| LMT | D | -6.64% | |
| NOC | D | -5.36% | |
| HWM | A | -4.44% | |
| AXON | A | -4.43% | |
| PH | B | -4.28% | |
| LHX | B | -4.07% | |
| TDG | D | -3.35% | |
| ETN | B | -3.16% | |
| PLTR | B | -2.72% | |
| LDOS | C | -2.05% | |
| BAH | F | -1.92% | |
| APH | B | -1.91% | |
| HEI | A | -1.83% | |
| TXT | D | -1.74% | |
| CW | B | -1.37% | |
| BWXT | B | -1.36% | |
| CACI | D | -1.26% | |
| HII | F | -1.07% | |
| WWD | B | -0.92% | |
| TDY | B | -0.91% | |
| KBR | F | -0.88% | |
| AVAV | C | -0.84% | |
| ATI | C | -0.81% | |
| SAIC | F | -0.71% | |
| HXL | F | -0.66% | |
| MOG.A | B | -0.66% | |
| KEYS | A | -0.62% | |
| PSN | D | -0.61% | |
| KTOS | C | -0.56% | |
| RKLB | B | -0.56% | |
| SPR | D | -0.51% | |
| AIR | B | -0.35% | |
| MRCY | C | -0.35% | |
| OSK | C | -0.29% | |
| OSIS | A | -0.27% | |
| TGI | A | -0.2% | |
| B | A | -0.19% | |
| IRDM | F | -0.17% | |
| CDRE | F | -0.16% | |
| TTMI | B | -0.16% | |
| DCO | B | -0.14% | |
| AI | B | -0.13% | |
| VSAT | F | -0.1% |
JETD: Top Represented Industries & Keywords
PPA: Top Represented Industries & Keywords
Industries:
Aerospace & Defense
Diversified Industrials
Information Technology Services
Specialty Industrial Machinery
Communication Equipment
Electronic Components
Scientific & Technical Instruments
Business Services
Computer Systems
Contract Manufacturers
Engineering & Construction
Metal Fabrication
Security & Protection Services
Software - Infrastructure
Telecom Services
Truck Manufacturing
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