MAX Airlines - 3X Inverse Leveraged ETNs (JETD)
| Assets | $2.40M |
| Expense Ratio | 0.95% |
| PE Ratio | n/a |
| Shares Out | n/a |
| Dividend (ttm) | n/a |
| Dividend Yield | n/a |
| Ex-Dividend Date | n/a |
| Payout Frequency | n/a |
| Payout Ratio | n/a |
| Volume | 3,796 |
| Open | 4.805 |
| Previous Close | 4.790 |
| Day's Range | 4.800 - 4.860 |
| 52-Week Low | 4.530 |
| 52-Week High | 27.530 |
| Beta | n/a |
| Holdings | 20 |
| Inception Date | Jun 23, 2023 |
About JETD
Fund Home PageThe MAX Airlines - 3X Inverse Leveraged ETNs (JETD) is an exchange-traded note that is based on the Prime Airlines index. The fund tracks -3x the daily price movements of an index consisting of US-listed companies in the air transportation industry, these include airlines, airfreight and logistics, and aircraft and parts manufacturing. The index selects equities by market cap and weights the resulting portfolio by liquidity. JETD was launched on Jun 23, 2023 and is issued by Max.
Top 10 Holdings
85.91% of assets| Name | Symbol | Weight |
|---|---|---|
| United Airlines Holdings, Inc. | UAL | 9.72% |
| American Airlines Group Inc. | AAL | 9.27% |
| GE Aerospace | GE | 9.27% |
| RTX Corporation | RTX | 9.26% |
| The Boeing Company | BA | 9.20% |
| Delta Air Lines, Inc. | DAL | 8.93% |
| Honeywell International Inc. | HON | 8.35% |
| United Parcel Service, Inc. | UPS | 8.08% |
| FedEx Corporation | FDX | 7.72% |
| TransDigm Group Incorporated | TDG | 6.12% |
Performance
JETD had a total return of -59.48% in the past year, including dividends. Since the fund's inception, the average annual return has been -48.49%.
News
BMO Launches +/- 3X MAX™ Airlines Exchange Traded Notes on NYSE Arca
NEW YORK , June 21, 2023 /PRNewswire/ - BMO today announced the launch of MAX™ Exchange Traded Notes ("ETNs"). MAX™ offers sophisticated investors efficient, tactical leveraged exposure to stocks in s...