JETU vs. HAIL ETF Comparison
Comparison of Bank Of Montreal MAX Airlines 3X Leveraged ETNs (JETU) to SPDR S&P Kensho Smart Mobility ETF (HAIL)
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
$27.06
Average Daily Volume
415
17
HAIL
SPDR S&P Kensho Smart Mobility ETF
HAIL Description
The investment seeks to provide investment results that, before fees and expenses, correspond generally to the total return performance of the S&P Kensho Smart Transportation Index. Under normal market conditions, the fund generally invests substantially all, but at least 80%, of its total assets in the securities comprising the index. The index is comprised of U.S.-listed equity securities (including depositary receipts) of companies domiciled across developed and emerging markets worldwide which are included in the Smart Transportation sector as determined by a classification standard produced by the index provider. The fund is non-diversified.Grade (RS Rating)
Last Trade
$27.66
Average Daily Volume
2,978
68
Performance
Period | JETU | HAIL |
---|---|---|
30 Days | 8.77% | -0.63% |
60 Days | 39.51% | 1.25% |
90 Days | 49.84% | 0.28% |
12 Months | 64.09% | 1.43% |
0 Overlapping Holdings
Symbol | Grade | Weight in JETU | Weight in HAIL | Overlap |
---|
JETU Underweight 68 Positions Relative to HAIL
Symbol | Grade | Weight | |
---|---|---|---|
AUR | C | -3.83% | |
TSLA | B | -3.17% | |
XPEV | C | -3.04% | |
ALSN | B | -2.86% | |
PSNY | F | -2.45% | |
CMI | A | -2.43% | |
GM | C | -2.13% | |
NVDA | B | -2.11% | |
LI | F | -2.11% | |
LYFT | C | -2.08% | |
EH | D | -2.01% | |
PAR | A | -1.92% | |
ANSS | B | -1.9% | |
AMBA | B | -1.84% | |
BWA | D | -1.81% | |
NIO | F | -1.8% | |
UBER | F | -1.76% | |
CAR | C | -1.7% | |
GTX | C | -1.62% | |
ON | D | -1.59% | |
RIVN | F | -1.56% | |
GRAB | A | -1.55% | |
VC | F | -1.55% | |
AXL | C | -1.52% | |
AIOT | B | -1.51% | |
MOD | A | -1.5% | |
TRMB | B | -1.49% | |
OUST | C | -1.47% | |
THRM | F | -1.46% | |
HEI | A | -1.45% | |
LCID | F | -1.42% | |
HMC | F | -1.42% | |
QCOM | F | -1.37% | |
REVG | C | -1.34% | |
APTV | F | -1.3% | |
IRDM | D | -1.29% | |
LAZR | D | -1.28% | |
PCAR | B | -1.28% | |
MT | B | -1.21% | |
PLUG | F | -1.21% | |
ALGM | D | -1.21% | |
TXT | D | -1.19% | |
ITUB | F | -1.19% | |
VNT | C | -1.19% | |
DAN | D | -1.12% | |
F | C | -1.09% | |
INDI | C | -1.08% | |
MVIS | F | -1.07% | |
BIDU | F | -1.06% | |
STM | F | -1.03% | |
TM | F | -1.01% | |
ST | F | -0.98% | |
INTC | C | -0.97% | |
HII | F | -0.95% | |
LEA | F | -0.95% | |
NXPI | D | -0.92% | |
BLDE | C | -0.9% | |
ASPN | F | -0.89% | |
BLNK | F | -0.85% | |
HY | D | -0.83% | |
BLBD | D | -0.8% | |
STLA | F | -0.73% | |
ENPH | F | -0.56% | |
REKR | F | -0.51% | |
GOEV | F | -0.48% | |
ITRN | B | -0.36% | |
SEDG | F | -0.34% | |
INVZ | F | -0.33% |
JETU: Top Represented Industries & Keywords
HAIL: Top Represented Industries & Keywords