JETU vs. ACTV ETF Comparison
Comparison of Bank Of Montreal MAX Airlines 3X Leveraged ETNs (JETU) to LeaderShares Activist Leaders ETF (ACTV)
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
ACTV
LeaderShares Activist Leaders ETF
ACTV Description
The investment seeks to generate long-term capital growth. The fund will be invested in equity securities of companies listed on a U.S. exchange with market capitalizations of at least $1 billion at the time of initial purchase. It may focus its investments in a particular sector, industry or group of industries. The fund may utilize derivatives, such as equity options and total return swap agreements, to seek to achieve its objective and for hedging purposes.Grade (RS Rating)
Last Trade
$33.45
Average Daily Volume
7,121
46
Performance
Period | JETU | ACTV |
---|---|---|
30 Days | 14.52% | 0.18% |
60 Days | 41.24% | 0.19% |
90 Days | 55.74% | 1.38% |
12 Months | 70.55% | 13.91% |
JETU Underweight 44 Positions Relative to ACTV
Symbol | Grade | Weight | |
---|---|---|---|
MRCY | B | -4.53% | |
FTRE | D | -4.41% | |
ALIT | C | -4.16% | |
JHG | A | -4.09% | |
DAN | D | -3.97% | |
HHH | B | -3.91% | |
VSTS | C | -3.82% | |
LW | C | -3.82% | |
SWX | B | -3.81% | |
IVZ | B | -3.77% | |
RPD | C | -3.7% | |
INVA | D | -3.61% | |
THS | D | -3.35% | |
NSIT | F | -3.17% | |
MTCH | D | -3.16% | |
BLMN | F | -2.97% | |
CVI | F | -0.78% | |
EXPE | B | -0.78% | |
AAP | C | -0.77% | |
GDDY | A | -0.74% | |
UPBD | B | -0.73% | |
NATL | B | -0.73% | |
VYX | B | -0.73% | |
NWS | B | -0.73% | |
CNK | B | -0.72% | |
UNIT | B | -0.71% | |
CMG | B | -0.71% | |
CHEF | A | -0.7% | |
BANC | A | -0.7% | |
TDS | B | -0.69% | |
PCG | A | -0.69% | |
GEN | B | -0.69% | |
MGM | D | -0.68% | |
ROG | D | -0.68% | |
KBH | D | -0.67% | |
CTLT | B | -0.67% | |
ETSY | D | -0.66% | |
FYBR | D | -0.65% | |
WEN | D | -0.65% | |
SOLV | C | -0.62% | |
PINS | D | -0.61% | |
DBRG | F | -0.53% | |
MDU | D | -0.41% | |
WOLF | F | -0.38% |
JETU: Top Represented Industries & Keywords
ACTV: Top Represented Industries & Keywords