NRSH vs. JETU ETF Comparison
Comparison of Aztlan North America Nearshoring Stock Selection ETF (NRSH) to Bank Of Montreal MAX Airlines 3X Leveraged ETNs (JETU)
NRSH
Aztlan North America Nearshoring Stock Selection ETF
NRSH Description
The initial universe for the index includes companies that, according to GICS classifications, belong to one of the following industries or sub-industries: (a) Industrial REITs, (b) Office REITs, (c) Real Estate Management & Development, (d) Specialized REITs, (e) Ground Transportation, (f) Air Freight & Logistics, (g) Transportation Infrastructure, or (h) Marine Transportation. The fund will invest all, or substantially all, of its assets in the component securities that make up the index. It is non-diversified.
Grade (RS Rating)
Last Trade
$23.22
Average Daily Volume
1,394
17
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
Performance
Period | NRSH | JETU |
---|---|---|
30 Days | 3.64% | 8.77% |
60 Days | 3.32% | 39.51% |
90 Days | 4.44% | 49.84% |
12 Months | 64.09% |
1 Overlapping Holdings
Symbol | Grade | Weight in NRSH | Weight in JETU | Overlap | |
---|---|---|---|---|---|
FWRD | D | 4.59% | 0.53% | 0.53% |
NRSH: Top Represented Industries & Keywords
JETU: Top Represented Industries & Keywords