MAX Airlines 3X Leveraged ETNs (JETU)
| Assets | $3.82M |
| Expense Ratio | 0.95% |
| PE Ratio | n/a |
| Shares Out | 160,000 |
| Dividend (ttm) | n/a |
| Dividend Yield | n/a |
| Ex-Dividend Date | n/a |
| Payout Frequency | n/a |
| Payout Ratio | n/a |
| Volume | 3,077 |
| Open | 23.95 |
| Previous Close | 24.11 |
| Day's Range | 23.70 - 24.20 |
| 52-Week Low | 20.20 |
| 52-Week High | 43.40 |
| Beta | 3.28 |
| Holdings | 20 |
| Inception Date | Jun 23, 2023 |
About JETU
Fund Home PageThe MAX Airlines 3X Leveraged ETNs (JETU) 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, air freight and logistics, and aircraft and parts manufacturing. The index is selected and weighted by market cap JETU was launched on Jun 23, 2023 and is issued by Max.
Top 10 Holdings
81.96% of assets| Name | Symbol | Weight |
|---|---|---|
| The Boeing Company | BA | 9.32% |
| American Airlines Group Inc. | AAL | 9.00% |
| Honeywell International Inc. | HON | 8.85% |
| RTX Corporation | RTX | 8.83% |
| GE Aerospace | GE | 8.65% |
| FedEx Corporation | FDX | 7.59% |
| Howmet Aerospace Inc. | HWM | 7.55% |
| Honeywell Aerospace Inc. | HONA | 7.47% |
| United Parcel Service, Inc. | UPS | 7.36% |
| Delta Air Lines, Inc. | DAL | 7.32% |
Performance
JETU had a total return of 6.09% in the past year, including dividends. Since the fund's inception, the average annual return has been -0.11%.
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...