SHLD vs. JETD ETF Comparison

Comparison of Global X Defense Tech ETF (SHLD) to Bank Of Montreal MAX Airlines -3X Inverse Leveraged ETNs (JETD)

SHLD

Global X Defense Tech ETF

SHLD Description

The investment seeks to provide investment results that track the performance of the Nasdaq Yewno Aerospace & Defense IndexTM before fees and expenses. Under normal circumstances, the fund seeks to achieve its investment objective by investing at least 80% of its assets in securities of companies in the index that are tied to the protection of national security interests of the United States. From the universe of eligible securities, the index identifies the top 50 eligible companies ranked by total outstanding contracts relating to the protection of U.S. national security interests, and projected revenue amounts.

Grade (RS Rating)

Last Trade

$39.02

Average Daily Volume

293,689

Number of Holdings ^*

17

* may have additional holdings in another (foreign) market

JETD

Bank Of Montreal MAX Airlines -3X Inverse Leveraged ETNs

JETD Description

The index is a net total return index that tracks the stock prices of U.S.-listed companies that have operations relating to the airline industry, including airlines and aircraft and aircraft parts manufacturers, and companies engaged in the businesses of air freight and logistics, aircraft leasing and airline and airport operations.

Grade (RS Rating)

Last Trade

$12.29

Average Daily Volume

5,156

Number of Holdings ^*

17

* may have additional holdings in another (foreign) market

Performance

Period	SHLD	JETD
30 Days	1.80%	-19.51%
60 Days	5.29%	-29.87%
90 Days	6.47%	-44.45%
12 Months	43.35%	-61.93%

2 Overlapping Holdings

	Symbol	Grade	Weight in SHLD	Weight in JETD	Overlap
	GD	F	6.47%	7.17%	6.47%
	RTX	D	7.91%	9.0%	7.91%

SHLD Overweight 15 Positions Relative to JETD

	Symbol	Grade	Weight
	PLTR	B	11.1%
	LMT	D	7.93%
	NOC	D	7.22%
	LHX	C	4.25%
	LDOS	D	4.24%
	BWXT	B	4.12%
	PSN	D	3.49%
	HII	F	2.59%
	MOG.A	B	2.12%
	AVAV	D	1.92%
	KTOS	B	1.28%
	OSIS	A	0.88%
	MRCY	B	0.75%
	NPK	B	0.14%
	BBAI	C	0.07%

SHLD Underweight 15 Positions Relative to JETD

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

SHLD: Top Represented Industries & Keywords

Industries: Aerospace & Defense Information Technology Services Communication Equipment Computer Systems Diversified Industrials Electronic Components Security & Protection Services Software - Infrastructure

Keywords: S&P 500 Aerospace Department Of Defense National Security Avionics Big Data Combat Systems Communications Systems Computing Cybersecurity Electronic Systems Engineering Services Homeland Security Modeling And Simulation Radar Space Systems United States Navy Weapons Aerospace Systems Air Force

JETD: 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