JETU vs. NETZ ETF Comparison

Comparison of Bank Of Montreal MAX Airlines 3X Leveraged ETNs (JETU) to Engine No. 1 Transform Climate ETF (NETZ)

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

$28.13

Average Daily Volume

415

Number of Holdings ^*

* may have additional holdings in another (foreign) market

NETZ

Engine No. 1 Transform Climate ETF

NETZ Description

Engine No. 1 Transform Climate ETF is an exchange traded fund launched and managed by Engine No.1 LLC. The fund invests in the public equity markets of the United States. It invests in stocks of companies operating across diversified sectors. The fund invests in growth and value stocks of companies across diversified market capitalization. It invests in stocks of companies that are deemed socially conscious in their business dealings and directly promote environmental responsibility. The fund employs fundamental analysis with bottom-up and top-down stock picking approach to create its portfolio. It employs proprietary research to create its portfolio. Engine No. 1 Transform Climate ETF is domiciled in the United States

Grade (RS Rating)

Last Trade

$77.96

Average Daily Volume

48,168

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	JETU	NETZ
30 Days	14.52%	5.31%
60 Days	41.24%	5.77%
90 Days	55.74%	12.20%
12 Months	70.55%	45.93%

1 Overlapping Holdings

	Symbol	Grade	Weight in JETU	Weight in NETZ	Overlap
	GE	D	9.0%	8.52%	8.52%

JETU Overweight 16 Positions Relative to NETZ

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

JETU Underweight 19 Positions Relative to NETZ

Symbol	Grade	Weight
RSG	A	-9.35%
VRT	B	-7.6%
GEV	B	-6.73%
MSFT	F	-6.3%
TT	A	-5.25%
FANG	D	-4.8%
UNP	C	-4.56%
VST	B	-4.47%
CVX	A	-4.11%
XOM	B	-3.81%
WM	A	-3.61%
HUBB	B	-2.11%
COP	C	-1.97%
FSLR	F	-1.77%
OXY	D	-1.45%
CEG	D	-1.26%
AMAT	F	-1.16%
NVT	B	-0.98%
DE	A	-0.9%

JETU: Top Represented Industries & Keywords

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