JETU vs. MADE ETF Comparison
Comparison of Bank Of Montreal MAX Airlines 3X Leveraged ETNs (JETU) to iShares U.S. Manufacturing ETF (MADE)
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
$27.43
Average Daily Volume
404
17
MADE
iShares U.S. Manufacturing ETF
MADE Description
The underlying index is designed to measure the performance of equity securities of U.S.-domiciled companies that are involved in manufacturing and manufacturing-related industries and that generate a certain amount of revenues in the U.S., among other eligibility criteria, as determined by SPDJI. The fund generally will invest at least 80% of its assets in the component securities of its underlying index. The fund is non-diversified.Grade (RS Rating)
Last Trade
$26.34
Average Daily Volume
6,040
98
Performance
Period | JETU | MADE |
---|---|---|
30 Days | 4.85% | 1.93% |
60 Days | 39.93% | 4.58% |
90 Days | 59.15% | 8.42% |
12 Months | 67.65% |
JETU Underweight 94 Positions Relative to MADE
Symbol | Grade | Weight | |
---|---|---|---|
GM | B | -4.6% | |
ETN | B | -4.44% | |
PCAR | C | -4.43% | |
APH | B | -4.15% | |
CMI | A | -3.93% | |
AME | A | -3.63% | |
DE | C | -3.63% | |
F | C | -3.47% | |
TT | A | -3.21% | |
PH | B | -3.1% | |
ROK | B | -2.54% | |
DOV | B | -2.25% | |
CARR | D | -2.19% | |
FTV | C | -2.12% | |
LMT | D | -1.99% | |
HUBB | B | -1.96% | |
JCI | B | -1.95% | |
TDY | B | -1.85% | |
FSLR | F | -1.55% | |
SNA | B | -1.54% | |
COHR | B | -1.29% | |
TDG | D | -1.25% | |
NOC | D | -1.21% | |
SWK | F | -1.09% | |
NVT | C | -1.03% | |
LECO | C | -0.98% | |
GNRC | B | -0.93% | |
RRX | B | -0.91% | |
AYI | B | -0.83% | |
ALSN | B | -0.83% | |
LHX | B | -0.8% | |
HWM | A | -0.78% | |
FN | C | -0.75% | |
AXON | A | -0.73% | |
TTC | F | -0.7% | |
LII | A | -0.69% | |
ENPH | F | -0.64% | |
PNR | B | -0.61% | |
OSK | C | -0.59% | |
RIVN | F | -0.59% | |
MIDD | D | -0.59% | |
IEX | B | -0.59% | |
MKSI | C | -0.58% | |
MSA | D | -0.53% | |
LFUS | D | -0.51% | |
GGG | B | -0.51% | |
VNT | C | -0.49% | |
THO | C | -0.48% | |
LDOS | C | -0.45% | |
FSS | B | -0.45% | |
BC | F | -0.44% | |
ITRI | B | -0.44% | |
BDC | B | -0.41% | |
AEIS | B | -0.35% | |
AAON | B | -0.34% | |
ENS | D | -0.33% | |
HOG | F | -0.31% | |
CR | A | -0.31% | |
ESE | B | -0.3% | |
AOS | F | -0.3% | |
JBT | A | -0.29% | |
CW | B | -0.26% | |
SPXC | A | -0.26% | |
CSWI | B | -0.25% | |
LCII | C | -0.25% | |
TRN | B | -0.25% | |
TXT | D | -0.25% | |
ATKR | D | -0.24% | |
GTLS | A | -0.24% | |
CXT | C | -0.23% | |
BMI | B | -0.23% | |
BE | A | -0.22% | |
GT | C | -0.22% | |
WTS | B | -0.21% | |
HEI | A | -0.19% | |
ZWS | B | -0.19% | |
WWD | B | -0.17% | |
BWXT | B | -0.17% | |
AIN | C | -0.17% | |
KBR | F | -0.16% | |
MWA | B | -0.15% | |
FELE | B | -0.15% | |
SAIC | F | -0.14% | |
LCID | F | -0.13% | |
HII | F | -0.13% | |
NPO | A | -0.12% | |
MOG.A | B | -0.11% | |
FOXF | F | -0.11% | |
PLUG | F | -0.1% | |
ARRY | F | -0.08% | |
SHLS | F | -0.07% | |
KTOS | C | -0.07% | |
SEDG | F | -0.06% | |
SPR | D | -0.06% |
JETU: Top Represented Industries & Keywords
MADE: Top Represented Industries & Keywords