AWAY vs. JETU ETF Comparison
Comparison of ETFMG Travel Tech ETF (AWAY) to Bank Of Montreal MAX Airlines 3X Leveraged ETNs (JETU)
AWAY
ETFMG Travel Tech ETF
AWAY Description
The ETFMG Travel Tech ETF (AWAY™) is a portfolio of companies that are a subset of the global travel and tourism industry. These companies are engaged in the “Travel Technology Business” by providing technology via the internet and internet-connected devices to facilitate travel bookings and reservations, ride sharing and hailing, travel price comparison, and travel advice. AWAY™ is an exchange traded fund (ETF) that seeks investment results that correspond generally to the price and yield, before fund fees and expenses, of the Prime Travel Technology Index.
Grade (RS Rating)
Last Trade
$21.55
Average Daily Volume
11,715
11
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 | AWAY | JETU |
---|---|---|
30 Days | 7.27% | 14.52% |
60 Days | 10.51% | 41.24% |
90 Days | 13.96% | 55.74% |
12 Months | 21.64% | 70.55% |
0 Overlapping Holdings
Symbol | Grade | Weight in AWAY | Weight in JETU | Overlap |
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AWAY: Top Represented Industries & Keywords
JETU: Top Represented Industries & Keywords