JETU vs. XLI ETF Comparison

Comparison of Bank Of Montreal MAX Airlines 3X Leveraged ETNs (JETU) to SPDR Select Sector Fund - Industrial (XLI)
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 *

17

* may have additional holdings in another (foreign) market
XLI

SPDR Select Sector Fund - Industrial

XLI Description The investment seeks to provide investment results that, before expenses, correspond generally to the price and yield performance of publicly traded equity securities of companies in The Industrial Select Sector Index. The fund invests at least 95% of its assets in the securities comprising the index. The index includes companies from the following industries: aerospace & defense; industrial conglomerates; machinery; road & rail; air freight & logistics; commercial services & supplies; professional services; electrical equipment; construction & engineering; trading companies & distributors; airlines; and building products. It is non-diversified.

Grade (RS Rating)

Last Trade

$142.65

Average Daily Volume

7,570,021

Number of Holdings *

77

* may have additional holdings in another (foreign) market
Performance
Period JETU XLI
30 Days 14.52% 4.35%
60 Days 41.24% 6.74%
90 Days 55.74% 10.70%
12 Months 70.55% 36.54%
10 Overlapping Holdings
Symbol Grade Weight in JETU Weight in XLI Overlap
BA F 9.0% 2.35% 2.35%
DAL C 8.98% 0.97% 0.97%
FDX B 9.0% 1.53% 1.53%
GD F 7.17% 1.76% 1.76%
GE D 9.0% 4.5% 4.5%
HON B 9.0% 3.5% 3.5%
LUV C 6.79% 0.45% 0.45%
RTX C 9.0% 3.68% 3.68%
UAL A 7.29% 0.7% 0.7%
UPS C 9.0% 2.26% 2.26%
JETU Overweight 7 Positions Relative to XLI
Symbol Grade Weight
AAL B 7.91%
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 67 Positions Relative to XLI
Symbol Grade Weight
CAT B -4.37%
UBER D -3.5%
ETN A -3.35%
UNP C -3.34%
ADP B -2.87%
LMT D -2.66%
DE A -2.36%
TT A -2.16%
GEV B -2.09%
PH A -2.09%
WM A -1.89%
CTAS B -1.73%
EMR A -1.72%
ITW B -1.7%
MMM D -1.69%
TDG D -1.66%
CSX B -1.61%
NOC D -1.6%
CARR D -1.47%
PCAR B -1.4%
NSC B -1.39%
URI B -1.32%
JCI C -1.32%
GWW B -1.22%
CPRT A -1.17%
CMI A -1.16%
PWR A -1.11%
FAST B -1.1%
LHX C -1.1%
PAYX C -1.09%
HWM A -1.08%
AME A -1.04%
AXON A -1.01%
RSG A -1.0%
ODFL B -0.98%
IR B -0.97%
VRSK A -0.95%
OTIS C -0.93%
WAB B -0.8%
EFX F -0.76%
ROK B -0.76%
XYL D -0.69%
DOV A -0.65%
FTV C -0.62%
BR A -0.62%
VLTO D -0.59%
HUBB B -0.55%
LDOS C -0.53%
BLDR D -0.49%
SNA A -0.44%
PNR A -0.41%
J F -0.41%
EXPD D -0.4%
MAS D -0.4%
IEX B -0.4%
TXT D -0.38%
JBHT C -0.35%
NDSN B -0.33%
ROL B -0.33%
CHRW C -0.31%
SWK D -0.31%
ALLE D -0.29%
DAY B -0.28%
GNRC B -0.26%
PAYC B -0.25%
AOS F -0.2%
HII D -0.18%
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