JETU vs. AQWA ETF Comparison

Comparison of Bank Of Montreal MAX Airlines 3X Leveraged ETNs (JETU) to Global X Clean Water ETF (AQWA)

JETU

Bank Of Montreal MAX Airlines 3X Leveraged ETNs

JETU Description

JETU is a leveraged take on the US airport transportation industry. Specifically, the fund tracks 3x the index, which includes firms involved in airlines, aircraft and aircraft parts manufacturers, airfreight and logistics, aircraft leasing, and airline and airport operations. The index defines the industries based on the North American Industry Classification System (NAICS) and selects US-listed equities, excluding any ETPs and MLPs. The index also excludes issuers organized in Canada or China. For industry screens, Aircraft and Parts Manufacturing industry only includes the five largest companies by market cap. Airfreight and Logistics companies must disclose in their recent annual report that they own aircraft to execute their core business activity. The index is a modified liquidity-weighted index, which ranks the constituents, based on highest average daily value traded. As a geared product, JETU is designed as a short-term trading tool and not a long-term investment vehicle. Long-term returns could materially differ from those of the index due to daily compounding.

Grade (RS Rating)

Last Trade

$27.06

Average Daily Volume

415

Number of Holdings ^*

17

* may have additional holdings in another (foreign) market

AQWA

Global X Clean Water ETF

AQWA Description

The investment seeks to provide investment results that correspond generally to the price and yield performance, before fees and expenses, of the Solactive Global Clean Water Industry Index. The fund invests at least 80% of its total assets, plus borrowings for investments purposes (if any), in the securities of the underlying index and in ADRs and GDRs based on the securities in the underlying index. The underlying index is designed to provide exposure to companies that have business operations in the provision of clean water. It is non-diversified.

Grade (RS Rating)

Last Trade

$18.05

Average Daily Volume

1,589

Number of Holdings ^*

21

* may have additional holdings in another (foreign) market

Performance

Period	JETU	AQWA
30 Days	8.77%	-0.28%
60 Days	39.51%	-0.38%
90 Days	49.84%	-0.22%
12 Months	64.09%	18.96%

0 Overlapping Holdings

	Symbol	Grade	Weight in JETU	Weight in AQWA	Overlap

JETU Overweight 17 Positions Relative to AQWA

	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%

JETU Underweight 21 Positions Relative to AQWA

	Symbol	Grade	Weight
	PNR	A	-8.43%
	ECL	D	-7.92%
	AWK	C	-7.43%
	XYL	D	-7.22%
	WTRG	B	-4.42%
	CNM	D	-3.95%
	AOS	F	-3.91%
	WMS	F	-3.8%
	BMI	B	-3.41%
	ZWS	B	-2.92%
	WTS	B	-2.88%
	FELE	B	-2.21%
	MWA	B	-1.96%
	AWR	B	-1.72%
	CWT	C	-1.55%
	SJW	F	-0.88%
	ERII	D	-0.62%
	MSEX	C	-0.6%
	YORW	F	-0.28%
	ARTNA	F	-0.28%
	CWCO	C	-0.27%

JETU: 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

AQWA: Top Represented Industries & Keywords

Industries: Utilities - Regulated Water Diversified Industrials Industrial Distribution Pollution & Treatment Controls Rubber & Plastics Scientific & Technical Instruments Specialty Chemicals

Keywords: Construction Irrigation Plumbing S&P 500 Water Wastewater Services Water Services Water Systems Water Treatment Boiler Chemical Food Service Oil And Gas Stainless Steel Ventilating Water Industry Water Management Water Supply Water Utilities Beverage