JETU vs. ARKQ ETF Comparison
Comparison of Bank Of Montreal MAX Airlines 3X Leveraged ETNs (JETU) to ARK Autonomous Technology & Robotics ETF (ARKQ)
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
$27.43
Average Daily Volume
404
17
ARKQ
ARK Autonomous Technology & Robotics ETF
ARKQ Description
Companies within ARK Autonomous Technology & Robotics ETF are focused on and are expected to substantially benefit from the development of new products or services, technological improvements and advancements in scientific research related to, among other things, energy, automation and manufacturing, materials, and transportation. These companies may develop, produce, or enable: Autonomous Transportation Robotics and Automation 3D Printing Energy Storage Space Exploration ARKQ is an actively managed ETF that seeks long-term growth of capital by investing under normal circumstances primarily (at least 80% of its assets) in domestic and foreign equity securities of of autonomous technology and robotics companies that are relevant to the Fund’s investment theme of disruptive innovation.Grade (RS Rating)
Last Trade
$71.21
Average Daily Volume
76,579
30
Performance
| Period | JETU | ARKQ |
|---|---|---|
| 30 Days | 4.85% | 11.46% |
| 60 Days | 39.93% | 20.56% |
| 90 Days | 59.15% | 26.32% |
| 12 Months | 67.65% | 34.27% |
0 Overlapping Holdings
| Symbol | Grade | Weight in JETU | Weight in ARKQ | Overlap |
|---|
JETU Underweight 30 Positions Relative to ARKQ
| Symbol | Grade | Weight | |
|---|---|---|---|
| TSLA | B | -15.91% | |
| KTOS | C | -9.33% | |
| TER | F | -7.31% | |
| RKLB | B | -6.43% | |
| IRDM | F | -5.44% | |
| TRMB | B | -4.8% | |
| AVAV | C | -4.31% | |
| PLTR | B | -3.56% | |
| PATH | C | -3.26% | |
| ACHR | B | -2.95% | |
| DE | C | -2.8% | |
| TSM | C | -2.72% | |
| BLDE | D | -2.14% | |
| NVDA | A | -2.13% | |
| GOOG | B | -1.99% | |
| AMD | F | -1.96% | |
| AMZN | B | -1.68% | |
| JOBY | B | -1.42% | |
| SNPS | C | -1.28% | |
| AUR | C | -1.27% | |
| TDY | B | -1.27% | |
| OKLO | C | -1.2% | |
| QCOM | F | -1.19% | |
| ISRG | A | -1.19% | |
| LMT | D | -1.07% | |
| CAT | C | -0.96% | |
| DDD | C | -0.93% | |
| BWXT | B | -0.92% | |
| ANSS | B | -0.74% | |
| MTLS | B | -0.0% |
JETU: Top Represented Industries & Keywords
ARKQ: Top Represented Industries & Keywords
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