GUNZ vs. JETU ETF Comparison
Comparison of Tuttle Capital Self Defense Index ETF (GUNZ) to Bank Of Montreal MAX Airlines 3X Leveraged ETNs (JETU)
GUNZ
Tuttle Capital Self Defense Index ETF
GUNZ Description
GUNZ is the first ETF that seeks to offer a values-driven focus on US self-defense products and services. From a starting universe of US-listed stocks, the fund considers companies involved in the manufacture, service, supply, and distribution of personal and law enforcement defense equipment and protection services. To qualify, a company should be engaged in any of the following categories: (1) the manufacture, wholesale, or retail of firearms, ammunition, gun parts, or other personal and law enforcement defense equipment or (2) the manufacture of home security equipment or development of video surveillance and emergency management systems. The company selects stocks that meet market-cap and liquidity requirements. The portfolio is then weighted equally. The index is rebalanced and reconstituted on the last business day of every quarter.
Grade (RS Rating)
Last Trade
$28.13
Average Daily Volume
286
18
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
$27.54
Average Daily Volume
404
17
Performance
Period | GUNZ | JETU |
---|---|---|
30 Days | 2.64% | 5.68% |
60 Days | 5.83% | 41.94% |
90 Days | 58.95% | |
12 Months | 65.75% |
0 Overlapping Holdings
Symbol | Grade | Weight in GUNZ | Weight in JETU | Overlap |
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GUNZ: Top Represented Industries & Keywords
JETU: Top Represented Industries & Keywords