FLBR vs. JETU ETF Comparison

Comparison of Franklin FTSE Brazil ETF (FLBR) to Bank Of Montreal MAX Airlines 3X Leveraged ETNs (JETU)

FLBR

Franklin FTSE Brazil ETF

FLBR Description

The investment seeks to provide investment results that closely correspond, before fees and expenses, to the performance of the FTSE Brazil RIC Capped Index (the FTSE Brazil Capped Index). Under normal market conditions, the fund invests at least 80% of its assets in the component securities of the FTSE Brazil Capped Index and in depositary receipts representing such securities. The FTSE Brazil Capped Index is based on the FTSE Brazil Index and is designed to measure the performance of Brazilian large- and mid-capitalization stocks. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$16.51

Average Daily Volume

37,258

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	FLBR	JETU
30 Days	-3.70%	8.77%
60 Days	-7.08%	39.51%
90 Days	-10.56%	49.84%
12 Months	-12.57%	64.09%

0 Overlapping Holdings

	Symbol	Grade	Weight in FLBR	Weight in JETU	Overlap

FLBR Overweight 7 Positions Relative to JETU

	Symbol	Grade	Weight
	VALE	F	10.51%
	ABEV	F	2.63%
	ERJ	A	1.95%
	ASAI	F	1.91%
	GGB	C	1.24%
	BRFS	C	0.77%
	CSAN	F	0.64%

FLBR 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%

FLBR: Top Represented Industries & Keywords

Industries: Aerospace & Defense Beverages - Brewers Grocery Stores Industrial Metals & Minerals Oil & Gas Refining & Marketing Packaged Foods Steel

Keywords: Aerospace Material Alcohol Alloys Aluminum Products Anheuser Busch Animal Feed Aviation Services Base Metal Beef Beer Bottled Water Brewing Building Materials Cargo Transportation Service Cargo Transportation Services Cheese Cobalt Coil Steel Cola Customer Support Services

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