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 Overweight 17 Positions Relative to SLX
Symbol Grade Weight
BA F 9.0%
UPS C 9.0%
RTX D 9.0%
HON C 9.0%
GE D 9.0%
FDX B 9.0%
DAL B 8.98%
AAL B 7.91%
UAL A 7.29%
GD D 7.17%
LUV C 6.79%
JBLU F 1.84%
ALK B 1.84%
SKYW C 0.63%
CPA D 0.57%
FWRD D 0.53%
ALGT B 0.46%
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%
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