JETU vs. CTEC ETF Comparison

Comparison of Bank Of Montreal MAX Airlines 3X Leveraged ETNs (JETU) to Global X CleanTech ETF (CTEC)

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

$27.54

Average Daily Volume

404

Number of Holdings ^*

* may have additional holdings in another (foreign) market

CTEC

Global X CleanTech ETF

CTEC Description

The investment seeks to provide investment results that correspond generally to the price and yield performance, before fees and expenses, of the Indxx Global CleanTech Index. The fund invests at least 80% of its total assets, plus borrowings for investments purposes, in the securities of the index and in ADRs, GDRs based on the securities in the index. The index is designed to provide exposure to exchange-listed companies that are positioned to benefit from the increased adoption of technologies focused on improving the efficiency of renewable energy production and/or mitigating the adverse environmental effects of resource consumption. It is non-diversified.

Grade (RS Rating)

Last Trade

$7.03

Average Daily Volume

13,959

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	JETU	CTEC
30 Days	5.68%	-4.48%
60 Days	41.94%	-10.33%
90 Days	58.95%	-11.57%
12 Months	65.75%	-28.62%

0 Overlapping Holdings

	Symbol	Grade	Weight in JETU	Weight in CTEC	Overlap

JETU Overweight 17 Positions Relative to CTEC

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

JETU Underweight 13 Positions Relative to CTEC

Symbol	Grade	Weight
BE	A	-5.89%
FSLR	F	-5.28%
FLNC	C	-4.78%
QS	D	-4.2%
ENPH	F	-3.9%
PLUG	F	-3.3%
DQ	D	-2.6%
JKS	F	-2.18%
ARRY	F	-1.95%
AMRC	F	-1.72%
SHLS	F	-1.57%
CSIQ	F	-1.5%
SEDG	F	-1.32%

JETU: Top Represented Industries & Keywords

Industries: Airlines Aerospace & Defense Integrated Shipping & Logistics Diversified Industrials Specialty Industrial Machinery