JETD vs. PSI ETF Comparison

Comparison of Bank Of Montreal MAX Airlines -3X Inverse Leveraged ETNs (JETD) to PowerShares Dynamic Semiconductors (PSI)

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

$13.11

Average Daily Volume

4,473

Number of Holdings ^*

17

* may have additional holdings in another (foreign) market

PSI

PowerShares Dynamic Semiconductors

PSI Description

The PowerShares Dynamic Semiconductors Portfolio (Fund) is based on the Dynamic Semiconductor IntellidexSM Index (Intellidex Index). The Fund will normally invest at least 90% of its total assets in common stocks that comprise the Index. The Intelldiex Index is designed to provide capital appreciation by thoroughly evaluating companies based on a variety of investment merit criteria, including: price momentum, earnings momentum, quality, management action, and value. The Underlying Intellidex Index is comprised of common stocks of 30 US semiconductors companies. These are companies that are principally engaged in the manufacture of semiconductors. The Fund and the Index are rebalanced and reconstituted quarterly in February, May, August and November.

Grade (RS Rating)

Last Trade

$54.24

Average Daily Volume

98,638

Number of Holdings ^*

26

* may have additional holdings in another (foreign) market

Performance

Period	JETD	PSI
30 Days	-8.32%	-5.19%
60 Days	-30.58%	-2.74%
90 Days	-43.35%	-5.86%
12 Months	-60.70%	23.64%

0 Overlapping Holdings

	Symbol	Grade	Weight in JETD	Weight in PSI	Overlap

JETD Overweight 17 Positions Relative to PSI

	Symbol	Grade	Weight
	BA	F	9.0%
	UPS	C	9.0%
	RTX	D	9.0%
	HON	A	9.0%
	GE	D	9.0%
	FDX	A	9.0%
	DAL	A	8.98%
	AAL	B	7.91%
	UAL	A	7.29%
	GD	D	7.17%
	LUV	A	6.79%
	JBLU	D	1.84%
	ALK	A	1.84%
	SKYW	B	0.63%
	CPA	A	0.57%
	FWRD	D	0.53%
	ALGT	B	0.46%

JETD Underweight 26 Positions Relative to PSI

	Symbol	Grade	Weight
	NVDA	B	-5.61%
	MU	D	-5.6%
	AVGO	C	-5.5%
	TXN	B	-4.99%
	QCOM	F	-4.8%
	AMAT	F	-4.79%
	ADI	D	-4.75%
	LRCX	F	-4.66%
	MTSI	B	-3.51%
	SMTC	C	-3.49%
	PI	D	-3.25%
	ACMR	F	-2.95%
	ICHR	C	-2.92%
	PLAB	D	-2.86%
	UCTT	F	-2.75%
	MKSI	C	-2.57%
	ENTG	F	-2.47%
	NXPI	F	-2.46%
	KLAC	F	-2.23%
	SWKS	F	-2.23%
	AMKR	F	-2.22%
	FORM	F	-2.21%
	ONTO	F	-2.21%
	MPWR	F	-2.17%
	AOSL	D	-1.91%
	CRUS	F	-1.9%

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

PSI: Top Represented Industries & Keywords

Industries: Semiconductors Semiconductor Equipment & Materials Electronic Components Scientific & Technical Instruments Semiconductor Memory

Keywords: Semiconductor Integrated Circuits S&P 500 Nasdaq 100 Semiconductor Device Fabrication Electronic Engineering Electronics Computing Fabless Semiconductor Companies Electrical Engineering Manufacturing Process Power Management Semiconductor Devices Transistor Wafer Chemical Mechanical Planarization Consumer Applications Consumer Electronics Electromagnetism Flat Panel Display