JETD vs. SLX ETF Comparison
Comparison of Bank Of Montreal MAX Airlines -3X Inverse Leveraged ETNs (JETD) to Market Vectors Steel Index ETF Fund (SLX)
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
$13.24
Average Daily Volume
4,496
Number of Holdings
*
17
* may have additional holdings in another (foreign) market
SLX
Market Vectors Steel Index ETF Fund
SLX Description
The investment seeks to replicate as closely as possible, before fees and expenses, the price and yield performance of the NYSE Arca Steel Index. The fund normally invests at least 80% of its total assets in common stocks and American depositary receipts ("ADRs") of companies involved in the steel industry. Such companies may include medium-capitalization companies and foreign issuers. The fund may also utilize convertible securities and participation notes to seek performance that corresponds to the Steel Index. It is non-diversified.Grade (RS Rating)
Last Trade
$70.43
Average Daily Volume
10,339
Number of Holdings
*
26
* may have additional holdings in another (foreign) market
Performance
Period | JETD | SLX |
---|---|---|
30 Days | -11.61% | 4.24% |
60 Days | -33.31% | 5.78% |
90 Days | -39.53% | 5.62% |
12 Months | -59.37% | 5.56% |
0 Overlapping Holdings
Symbol | Grade | Weight in JETD | Weight in SLX | Overlap |
---|
JETD Underweight 26 Positions Relative to SLX
Symbol | Grade | Weight | |
---|---|---|---|
RIO | D | -9.59% | |
VALE | F | -7.51% | |
TS | B | -5.99% | |
NUE | C | -5.89% | |
STLD | B | -5.77% | |
HCC | B | -5.24% | |
RS | B | -5.24% | |
CRS | B | -5.22% | |
MT | B | -5.14% | |
CMC | B | -4.92% | |
GGB | C | -4.38% | |
TX | F | -4.23% | |
X | B | -4.22% | |
CLF | F | -3.99% | |
ATI | C | -3.87% | |
SID | F | -3.71% | |
PKX | D | -3.39% | |
WS | C | -2.4% | |
ROCK | C | -2.37% | |
USAP | B | -1.34% | |
ASTL | B | -1.24% | |
SXC | A | -1.13% | |
ZEUS | C | -0.97% | |
RYI | C | -0.9% | |
MTUS | C | -0.69% | |
RDUS | B | -0.54% |
JETD: Top Represented Industries & Keywords
SLX: Top Represented Industries & Keywords