JETU vs. ILF ETF Comparison

Comparison of Bank Of Montreal MAX Airlines 3X Leveraged ETNs (JETU) to iShares Latin America 40 ETF (ILF)

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

$27.46

Average Daily Volume

386

Number of Holdings ^*

17

* may have additional holdings in another (foreign) market

ILF

iShares Latin America 40 ETF

ILF Description

The investment seeks to track the investment results of an index composed of 40 of the largest Latin American equities. 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 S&P Latin America 40TM (the "underlying index"), which is comprised of selected equities trading on the exchanges of five Latin American countries. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$24.09

Average Daily Volume

715,173

Number of Holdings ^*

4

* may have additional holdings in another (foreign) market

Performance

Period	JETU	ILF
30 Days	7.92%	-5.08%
60 Days	39.79%	-7.63%
90 Days	60.01%	-8.44%
12 Months	73.54%	-7.32%

0 Overlapping Holdings

	Symbol	Grade	Weight in JETU	Weight in ILF	Overlap

JETU Overweight 17 Positions Relative to ILF

	Symbol	Grade	Weight
	BA	F	9.0%
	UPS	C	9.0%
	RTX	D	9.0%
	HON	A	9.0%
	GE	D	9.0%
	FDX	A	9.0%
	DAL	A	8.98%
	AAL	B	7.91%
	UAL	A	7.29%
	GD	D	7.17%
	LUV	A	6.79%
	JBLU	C	1.84%
	ALK	A	1.84%
	SKYW	A	0.63%
	CPA	A	0.57%
	FWRD	D	0.53%
	ALGT	A	0.46%

JETU Underweight 4 Positions Relative to ILF

	Symbol	Grade	Weight
	NU	C	-11.28%
	VALE	F	-8.95%
	ITUB	D	-6.84%
	PBR	D	-5.84%

JETU: Top Represented Industries & Keywords

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

Keywords: Aviation S&P 500 Air Transportation Airline Aerospace Air Transportation Services Airport Cargo Customs Brokerage Freight Forwarder Freight Transport Transport Aircraft Management Airline Industry Brakes Business Aviation Cargo Services Dow Jones Component Express Mail Freight Services

ILF: Top Represented Industries & Keywords

Industries: Banks - Diversified Banks - Regional - Latin America Industrial Metals & Minerals Oil & Gas Integrated

Keywords: Investment Product Alloys Alternative Payments Aluminum Products Bagasse Bank Banking Base Metal Biodiesel Biofuel Cargo Transportation Service Cargo Transportation Services Cash Management Services Cobalt Compressed Natural Gas Crude Oil Currency Debit Card Demand Deposit E Commerce