JETU vs. ROKT ETF Comparison
Comparison of Bank Of Montreal MAX Airlines 3X Leveraged ETNs (JETU) to SPDR S&P Kensho Final Frontiers ETF (ROKT)
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
ROKT
SPDR S&P Kensho Final Frontiers ETF
ROKT Description
The SPDR S&P Kensho Final Frontiers ETF seeks to provide investment results that, before fees and expenses, correspond generally to the total return performance of the S&P Kensho Final Frontiers Index (the "Index") Seeks to track an index utilizing artificial intelligence and a quantitative weighting methodology to capture companies whose products and services are driving innovation behind the exploration of the final frontiers, which includes the areas of outer space and the deep sea May provide an effective way to pursue long-term growth potential by investing in a portfolio of companies involved in the expansion of human understanding and presence in outer space and in the oceansGrade (RS Rating)
Last Trade
$58.43
Average Daily Volume
1,695
30
Performance
| Period | JETU | ROKT |
|---|---|---|
| 30 Days | 14.52% | 13.96% |
| 60 Days | 41.24% | 17.42% |
| 90 Days | 55.74% | 18.99% |
| 12 Months | 70.55% | 42.41% |
JETU Underweight 26 Positions Relative to ROKT
| Symbol | Grade | Weight | |
|---|---|---|---|
| RKLB | B | -15.05% | |
| MOG.A | B | -4.47% | |
| OII | B | -4.39% | |
| HEI | B | -4.26% | |
| TDY | B | -4.1% | |
| ESE | B | -4.03% | |
| LMT | D | -4.03% | |
| NOC | D | -3.99% | |
| LHX | C | -3.86% | |
| IRDM | D | -3.51% | |
| COHR | B | -3.2% | |
| BWXT | B | -3.16% | |
| HXL | D | -3.14% | |
| SXI | B | -2.6% | |
| FTI | A | -2.54% | |
| TTMI | B | -2.52% | |
| LDOS | C | -2.44% | |
| APH | A | -2.25% | |
| TDG | D | -2.13% | |
| KBR | F | -1.97% | |
| BALL | D | -1.96% | |
| ADI | D | -1.93% | |
| HII | D | -1.71% | |
| DCO | C | -1.13% | |
| VSAT | F | -1.06% | |
| PL | A | -0.84% |
JETU: Top Represented Industries & Keywords
ROKT: Top Represented Industries & Keywords
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