JETU vs. TDV ETF Comparison
Comparison of Bank Of Montreal MAX Airlines 3X Leveraged ETNs (JETU) to ProShares S&P Global Technology Dividend Aristocrats ETF (TDV)
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
17
TDV
ProShares S&P Global Technology Dividend Aristocrats ETF
TDV Description
The investment seeks investment results, before fees and expenses, that track the performance of the S&P Technology Dividend Aristocrats Index (the index). The index, constructed and maintained by S&P Dow Jones Indices LLC, targets companies from the U.S. technology sector and select U.S. technology-related companies from the communication services and consumer discretionary sectors. Under normal circumstances, the fund will invest at least 80% of its total assets in component securities. It is non-diversified.Grade (RS Rating)
Last Trade
$77.47
Average Daily Volume
12,373
34
Performance
| Period | JETU | TDV |
|---|---|---|
| 30 Days | 14.52% | 1.15% |
| 60 Days | 41.24% | 1.73% |
| 90 Days | 55.74% | 2.50% |
| 12 Months | 70.55% | 20.33% |
0 Overlapping Holdings
| Symbol | Grade | Weight in JETU | Weight in TDV | Overlap |
|---|
JETU Underweight 34 Positions Relative to TDV
| Symbol | Grade | Weight | |
|---|---|---|---|
| CSGS | B | -3.26% | |
| DLB | B | -3.23% | |
| ORCL | B | -3.14% | |
| BMI | B | -3.14% | |
| V | A | -3.11% | |
| INTU | C | -3.08% | |
| CASS | B | -3.07% | |
| APH | A | -3.06% | |
| MSI | B | -3.02% | |
| BR | A | -3.0% | |
| TXN | C | -2.95% | |
| CSCO | B | -2.93% | |
| HPQ | B | -2.92% | |
| GLW | B | -2.89% | |
| MA | C | -2.88% | |
| ROP | B | -2.87% | |
| CGNX | C | -2.87% | |
| POWI | D | -2.83% | |
| AVT | C | -2.82% | |
| SSNC | B | -2.81% | |
| AAPL | C | -2.8% | |
| MSFT | F | -2.8% | |
| LRCX | F | -2.77% | |
| ACN | C | -2.77% | |
| ADI | D | -2.71% | |
| LFUS | F | -2.7% | |
| JKHY | D | -2.69% | |
| IBM | C | -2.67% | |
| KLAC | D | -2.65% | |
| AVGO | D | -2.63% | |
| QCOM | F | -2.57% | |
| SWKS | F | -2.52% | |
| MCHP | D | -2.49% | |
| CDW | F | -2.34% |
JETU: Top Represented Industries & Keywords
TDV: Top Represented Industries & Keywords
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