WOOD vs. JETU ETF Comparison
Comparison of iShares S&P Global Timber & Forestry Index Fund (WOOD) to Bank Of Montreal MAX Airlines 3X Leveraged ETNs (JETU)
WOOD
iShares S&P Global Timber & Forestry Index Fund
WOOD Description
The investment seeks to track the investment results of an index composed of global equities in or related to the timber and forestry industry. The fund generally invests at least 90% of its assets in securities of the underlying index and in depositary receipts representing securities of the underlying index. It seeks to track the investment results of the S&P Global Timber & Forestry IndexTM (the "underlying index"), which is comprised of approximately 25 of the largest publicly-traded companies engaged in the ownership, management or upstream supply chain of forests and timberlands. The fund is non-diversified.
Grade (RS Rating)
Last Trade
$80.30
Average Daily Volume
15,854
7
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
Performance
| Period | WOOD | JETU |
|---|---|---|
| 30 Days | -0.56% | 14.52% |
| 60 Days | -4.04% | 41.24% |
| 90 Days | -2.75% | 55.74% |
| 12 Months | 7.13% | 70.55% |
0 Overlapping Holdings
| Symbol | Grade | Weight in WOOD | Weight in JETU | Overlap |
|---|
WOOD: Top Represented Industries & Keywords
JETU: Top Represented Industries & Keywords
Compare ETFs
