JETU vs. RJMG ETF Comparison
Comparison of Bank Of Montreal MAX Airlines 3X Leveraged ETNs (JETU) to FT Raymond James Multicap Growth Equity ETF (RJMG)
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
RJMG
FT Raymond James Multicap Growth Equity ETF
RJMG Description
Under normal market conditions, the fund will invest at least 80% of its net assets (plus any borrowings for investment purposes) in a portfolio of equity securities. The fund seeks to achieve its objective by investing in a portfolio of U.S.-listed equity securities, including common stocks and real estate investment trusts ("REITs") that exhibit growth characteristics and are rated "Strong Buy" or "Outperform" by a model developed and overseen by the fund"s non-discretionary investment sub-advisor, Raymond James & Associates, Inc. The fund is non-diversified.Grade (RS Rating)
Last Trade
$24.37
Average Daily Volume
550
40
Performance
| Period | JETU | RJMG |
|---|---|---|
| 30 Days | 4.85% | 3.50% |
| 60 Days | 39.93% | 4.61% |
| 90 Days | 59.15% | 8.44% |
| 12 Months | 67.65% |
0 Overlapping Holdings
| Symbol | Grade | Weight in JETU | Weight in RJMG | Overlap |
|---|
JETU Underweight 40 Positions Relative to RJMG
| Symbol | Grade | Weight | |
|---|---|---|---|
| NTRA | A | -3.08% | |
| SPOT | A | -2.99% | |
| HUBS | A | -2.98% | |
| RDNT | B | -2.91% | |
| FTNT | B | -2.81% | |
| THC | C | -2.81% | |
| GDDY | A | -2.79% | |
| QTWO | A | -2.78% | |
| CRWD | B | -2.77% | |
| CRM | B | -2.73% | |
| AMZN | B | -2.7% | |
| WIX | A | -2.68% | |
| SHAK | C | -2.62% | |
| MSI | A | -2.62% | |
| HPE | B | -2.6% | |
| PLXS | B | -2.59% | |
| GOOGL | B | -2.55% | |
| DECK | A | -2.52% | |
| GWRE | A | -2.51% | |
| NVDA | A | -2.51% | |
| BSX | A | -2.5% | |
| COST | A | -2.5% | |
| ALL | A | -2.5% | |
| WELL | A | -2.49% | |
| WMT | A | -2.46% | |
| META | C | -2.41% | |
| MSFT | D | -2.4% | |
| PG | C | -2.39% | |
| OSCR | D | -2.37% | |
| AAPL | C | -2.35% | |
| PSN | D | -2.32% | |
| KLAC | F | -2.32% | |
| CL | D | -2.3% | |
| MU | D | -2.23% | |
| UBER | F | -2.22% | |
| WING | F | -2.18% | |
| AMT | D | -2.12% | |
| NEM | D | -2.03% | |
| MYGN | F | -1.74% | |
| MPWR | F | -1.56% |
JETU: Top Represented Industries & Keywords
RJMG: Top Represented Industries & Keywords
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