JETD vs. JETS ETF Comparison

Comparison of Bank Of Montreal MAX Airlines -3X Inverse Leveraged ETNs (JETD) to U.S. Global Jets ETF (JETS)

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

$12.75

Average Daily Volume

4,600

Number of Holdings ^*

17

* may have additional holdings in another (foreign) market

JETS

U.S. Global Jets ETF

JETS Description

The investment seeks to track the performance, before fees and expenses, of the U.S. Global Jets Index. The fund invests at least 80% of the fund's total assets (exclusive of any collateral held from securities lending) in the component securities of the index and investments that have economic characteristics that are substantially identical to the economic characteristics of such component securities. The index is composed of the common stock of U.S. and international passenger airlines, aircraft manufacturers, airports, and terminal services companies listed on well-developed securities exchanges across the globe. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$24.18

Average Daily Volume

2,736,144

Number of Holdings ^*

23

* may have additional holdings in another (foreign) market

Performance

Period	JETD	JETS
30 Days	-15.24%	6.80%
60 Days	-33.97%	22.31%
90 Days	-41.78%	31.77%
12 Months	-60.88%	44.36%

11 Overlapping Holdings

	Symbol	Grade	Weight in JETD	Weight in JETS	Overlap
	AAL	B	7.91%	10.15%	7.91%
	ALGT	B	0.46%	4.3%	0.46%
	ALK	C	1.84%	3.13%	1.84%
	BA	F	9.0%	1.39%	1.39%
	CPA	D	0.57%	0.46%	0.46%
	DAL	C	8.98%	11.33%	8.98%
	GD	F	7.17%	1.5%	1.5%
	JBLU	F	1.84%	2.57%	1.84%
	LUV	C	6.79%	8.6%	6.79%
	SKYW	B	0.63%	3.43%	0.63%
	UAL	A	7.29%	14.53%	7.29%

JETD Overweight 6 Positions Relative to JETS

	Symbol	Grade	Weight
	UPS	C	9.0%
	RTX	C	9.0%
	HON	B	9.0%
	GE	D	9.0%
	FDX	B	9.0%
	FWRD	D	0.53%

JETD Underweight 12 Positions Relative to JETS

	Symbol	Grade	Weight
	ULCC	D	-3.28%
	SNCY	C	-3.09%
	ATSG	B	-2.32%
	EXPE	B	-2.15%
	BKNG	A	-2.11%
	TRIP	F	-1.63%
	TXT	D	-1.51%
	TCOM	B	-1.03%
	SAVE	D	-1.01%
	MMYT	B	-0.83%
	ERJ	B	-0.42%
	ASR	D	-0.38%

JETD: 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

JETS: Top Represented Industries & Keywords

Industries: Airlines Aerospace & Defense Leisure Airports & Air Services Travel Services

Keywords: Aviation Airline S&P 500 Air Transportation Opentravel Alliance Air Transportation Services Airport Online Travel Travel Agency Airline Tickets Ground Transportation Low Cost Carriers Travel Product Travel Products Weapons Advertising Services Airbus A320 Family Aircraft Management Airline Industry Aviation Services