JETU vs. FLYU ETF Comparison
Comparison of Bank Of Montreal MAX Airlines 3X Leveraged ETNs (JETU) to Bank of Montreal MicroSectors Travel 3x Leveraged ETN (FLYU)
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
FLYU
Bank of Montreal MicroSectors Travel 3x Leveraged ETN
FLYU Description
The index is a net total return index that tracks the stock prices of U.S. listed securities thatare materially engaged in specified segments of the travel industry.Grade (RS Rating)
Last Trade
$65.06
Average Daily Volume
2,359
30
Performance
Period | JETU | FLYU |
---|---|---|
30 Days | 14.52% | 29.52% |
60 Days | 41.24% | 61.59% |
90 Days | 55.74% | 91.18% |
12 Months | 70.55% | 93.69% |
JETU Underweight 25 Positions Relative to FLYU
Symbol | Grade | Weight | |
---|---|---|---|
UBER | D | -14.14% | |
DIS | B | -13.2% | |
BKNG | A | -9.4% | |
ABNB | C | -7.98% | |
CCL | B | -5.23% | |
MAR | B | -3.83% | |
RCL | A | -3.43% | |
EXPE | B | -3.29% | |
HLT | A | -3.1% | |
LVS | C | -2.69% | |
NCLH | B | -2.53% | |
LYFT | C | -2.26% | |
WYNN | D | -1.98% | |
MGM | D | -1.94% | |
CZR | F | -1.55% | |
MTN | C | -1.15% | |
CAR | C | -1.07% | |
H | B | -0.98% | |
CHH | A | -0.67% | |
WH | B | -0.65% | |
BYD | C | -0.58% | |
CHDN | B | -0.54% | |
HGV | B | -0.33% | |
TNL | A | -0.27% | |
JOE | F | -0.12% |
JETU: Top Represented Industries & Keywords
FLYU: Top Represented Industries & Keywords