JETU vs. SHPP ETF Comparison
Comparison of Bank Of Montreal MAX Airlines 3X Leveraged ETNs (JETU) to Pacer Industrials and Logistics ETF (SHPP)
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
SHPP
Pacer Industrials and Logistics ETF
SHPP Description
The fund employs a "passive management" (or indexing) investment approach designed to track the total return performance, before fees and expenses, of the index. The index consists of globally-listed stocks and depositary receipts of industrials and logistics companies. The fund is non-diversified.Grade (RS Rating)
Last Trade
$27.78
Average Daily Volume
191
35
Performance
| Period | JETU | SHPP |
|---|---|---|
| 30 Days | 8.77% | 0.85% |
| 60 Days | 39.51% | 1.47% |
| 90 Days | 49.84% | 1.48% |
| 12 Months | 64.09% | 12.78% |
JETU Underweight 33 Positions Relative to SHPP
| Symbol | Grade | Weight | |
|---|---|---|---|
| UNP | C | -7.71% | |
| ABBV | F | -5.65% | |
| NSC | B | -4.45% | |
| CNI | F | -3.74% | |
| CSX | C | -3.71% | |
| ODFL | C | -3.58% | |
| JBHT | C | -1.41% | |
| XPO | B | -1.29% | |
| EXPD | C | -1.27% | |
| FLEX | B | -1.11% | |
| SAIA | B | -1.07% | |
| CHRW | B | -0.97% | |
| KNX | C | -0.67% | |
| YMM | C | -0.58% | |
| KEX | B | -0.56% | |
| R | B | -0.54% | |
| GXO | B | -0.53% | |
| CGNX | D | -0.52% | |
| LSTR | D | -0.49% | |
| MATX | C | -0.41% | |
| SANM | B | -0.31% | |
| RXO | D | -0.24% | |
| ZIM | C | -0.23% | |
| SNDR | B | -0.21% | |
| ARCB | C | -0.2% | |
| GOGL | F | -0.18% | |
| WERN | C | -0.18% | |
| SBLK | F | -0.17% | |
| CMRE | C | -0.13% | |
| NMM | D | -0.12% | |
| DAC | C | -0.12% | |
| SFL | D | -0.11% | |
| MRTN | D | -0.1% |
JETU: Top Represented Industries & Keywords
SHPP: Top Represented Industries & Keywords
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