HDRO vs. JETU ETF Comparison
Comparison of Defiance Next Gen H2 ETF (HDRO) to Bank Of Montreal MAX Airlines 3X Leveraged ETNs (JETU)
HDRO
Defiance Next Gen H2 ETF
HDRO Description
ETF Series Solutions - Defiance Next Gen H2 ETF is an exchange traded fund launched by ETF Series Solutions. The fund is co-managed by Defiance ETFs, LLC and Penserra Capital Management, LLC. It invests in the public equity markets of global region. The fund invests in stocks of companies operating across materials, chemicals, industrial gases, utilities, alternative energy resources, fuel cells, independent power and renewable electricity producers, renewable electricity, development of hydrogen-based energy source sectors. It invests in growth and value stocks of companies operating across diversified market capitalization. The fund seeks to track the performance of the BlueStar Global Hydrogen & NextGen Fuel Cell Index, by using full replication technique. ETF Series Solutions - Defiance Next Gen H2 ETF is domiciled in the United States.
Grade (RS Rating)
Last Trade
$34.46
Average Daily Volume
5,125
4
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 | HDRO | JETU |
|---|---|---|
| 30 Days | -1.63% | 5.68% |
| 60 Days | -6.16% | 41.94% |
| 90 Days | -9.89% | 58.95% |
| 12 Months | -31.08% | 65.75% |
0 Overlapping Holdings
| Symbol | Grade | Weight in HDRO | Weight in JETU | Overlap |
|---|
HDRO: Top Represented Industries & Keywords
JETU: Top Represented Industries & Keywords
Compare ETFs
