LIT vs. JETU ETF Comparison

Comparison of Global X Lithium ETF (LIT) to Bank Of Montreal MAX Airlines 3X Leveraged ETNs (JETU)

LIT

Global X Lithium ETF

LIT Description

The investment seeks to provide investment results that correspond generally to the price and yield performance, before fees and expenses, of the Solactive Global Lithium Index. The fund invests at least 80% of its total assets in the securities of the underlying index and in ADRs and GDRs based on the securities in the underlying index. The underlying index is designed to measure broad based equity market performance of global companies involved in the lithium industry. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$45.57

Average Daily Volume

347,737

Number of Holdings ^*

7

* may have additional holdings in another (foreign) market

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

Number of Holdings ^*

17

* may have additional holdings in another (foreign) market

Performance

Period	LIT	JETU
30 Days	5.85%	8.77%
60 Days	23.93%	39.51%
90 Days	20.84%	49.84%
12 Months	-5.36%	64.09%

0 Overlapping Holdings

	Symbol	Grade	Weight in LIT	Weight in JETU	Overlap

LIT Overweight 7 Positions Relative to JETU

	Symbol	Grade	Weight
	ALB	B	9.02%
	TSLA	B	5.22%
	SQM	D	4.06%
	ENS	F	2.9%
	LCID	F	1.36%
	SLI	D	0.22%
	IONR	D	0.18%

LIT Underweight 17 Positions Relative to JETU

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

LIT: Top Represented Industries & Keywords

Industries: Auto Manufacturers Other Industrial Metals & Mining Chemicals Electronic Components Specialty Chemicals

Keywords: Lithium Natural Sciences Batteries Biocides Cars Chemical Elements Chloride Disinfectant Electric Vehicle Nasdaq 100 Potassium Reducing Agents S&P 500 Transport Acid Amines Antioxidant Antioxidants Antiseptics Automotive Manufacturers

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