JETD vs. DFEN ETF Comparison

Comparison of Bank Of Montreal MAX Airlines -3X Inverse Leveraged ETNs (JETD) to Direxion Daily Aerospace & Defense Bull 3X Shares (DFEN)
JETD

Bank Of Montreal MAX Airlines -3X Inverse Leveraged ETNs

JETD Description

The index is a net total return index that tracks the stock prices of U.S.-listed companies that have operations relating to the airline industry, including airlines and aircraft and aircraft parts manufacturers, and companies engaged in the businesses of air freight and logistics, aircraft leasing and airline and airport operations.

Grade (RS Rating)

Last Trade

$13.12

Average Daily Volume

4,409

Number of Holdings *

17

* may have additional holdings in another (foreign) market
DFEN

Direxion Daily Aerospace & Defense Bull 3X Shares

DFEN Description The investment seeks daily investment results, before fees and expenses, of 300% of the daily performance of the Dow Jones U.S. Select Aerospace & Defense Index. The fund, under normal circumstances, invests at least 80% of its net assets (plus borrowing for investment purposes) in financial instruments that provide daily leveraged exposure to the index and/or exchange-traded funds ("ETFs") that track the index. The index is provided by Dow Jones U.S. Index. The index provider attempts to measure the performance of the aerospace and defense industry of the U.S. equity market. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$35.47

Average Daily Volume

280,867

Number of Holdings *

32

* may have additional holdings in another (foreign) market
Performance
Period JETD DFEN
30 Days -19.28% -6.16%
60 Days -34.90% 8.27%
90 Days -43.45% 9.84%
12 Months -60.72% 87.06%
4 Overlapping Holdings
Symbol Grade Weight in JETD Weight in DFEN Overlap
BA F 9.0% 2.84% 2.84%
GD C 7.17% 2.63% 2.63%
GE D 9.0% 11.08% 9.0%
RTX D 9.0% 9.18% 9.0%
JETD Overweight 13 Positions Relative to DFEN
Symbol Grade Weight
UPS C 9.0%
HON B 9.0%
FDX B 9.0%
DAL A 8.98%
AAL B 7.91%
UAL A 7.29%
LUV B 6.79%
JBLU C 1.84%
ALK A 1.84%
SKYW B 0.63%
CPA B 0.57%
FWRD C 0.53%
ALGT B 0.46%
JETD Underweight 28 Positions Relative to DFEN
Symbol Grade Weight
LMT D -6.27%
AXON B -4.16%
HWM B -3.05%
LHX B -2.91%
NOC D -2.6%
TDG D -2.58%
TXT D -1.85%
CW C -1.67%
HEI A -1.55%
BWXT B -1.31%
WWD B -1.18%
HEI A -1.07%
HII F -0.91%
MOG.A B -0.73%
AVAV C -0.69%
RKLB B -0.58%
HXL F -0.57%
KTOS B -0.47%
SPR F -0.41%
AIR B -0.27%
MRCY B -0.25%
TGI B -0.16%
ACHR B -0.12%
CDRE F -0.1%
DCO B -0.1%
RGR F -0.08%
SWBI D -0.07%
NPK B -0.04%
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