JETU vs. FLYU ETF Comparison

Comparison of Bank Of Montreal MAX Airlines 3X Leveraged ETNs (JETU) to Bank of Montreal MicroSectors Travel 3x Leveraged ETN (FLYU)
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
FLYU

Bank of Montreal MicroSectors Travel 3x Leveraged ETN

FLYU Description The index is a net total return index that tracks the stock prices of U.S. listed securities thatare materially engaged in specified segments of the travel industry.

Grade (RS Rating)

Last Trade

$63.72

Average Daily Volume

2,412

Number of Holdings *

30

* may have additional holdings in another (foreign) market
Performance
Period JETU FLYU
30 Days 8.77% 21.57%
60 Days 39.51% 59.23%
90 Days 49.84% 87.25%
12 Months 64.09% 89.71%
5 Overlapping Holdings
Symbol Grade Weight in JETU Weight in FLYU Overlap
AAL B 7.91% 4.73% 4.73%
ALK B 1.84% 1.04% 1.04%
DAL B 8.98% 4.29% 4.29%
LUV C 6.79% 2.66% 2.66%
UAL A 7.29% 3.91% 3.91%
JETU Overweight 12 Positions Relative to FLYU
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%
GD D 7.17%
JBLU F 1.84%
SKYW C 0.63%
CPA D 0.57%
FWRD D 0.53%
ALGT B 0.46%
JETU Underweight 25 Positions Relative to FLYU
Symbol Grade Weight
UBER F -14.14%
DIS B -13.2%
BKNG A -9.4%
ABNB C -7.98%
CCL A -5.23%
MAR A -3.83%
RCL A -3.43%
EXPE B -3.29%
HLT A -3.1%
LVS B -2.69%
NCLH B -2.53%
LYFT C -2.26%
WYNN C -1.98%
MGM D -1.94%
CZR F -1.55%
MTN C -1.15%
CAR C -1.07%
H B -0.98%
CHH A -0.67%
WH B -0.65%
BYD B -0.58%
CHDN B -0.54%
HGV C -0.33%
TNL A -0.27%
JOE F -0.12%
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