MAX Airlines 3X Leveraged ETNs (JETU)
| Assets | $3.42M |
| Expense Ratio | 0.95% |
| PE Ratio | 20.04 |
| Forward PE | 17.55 |
| Shares Out | 160,000 |
| Dividend | n/a |
| Ex-Dividend Date | n/a |
| Payout Frequency | n/a |
| Payout Ratio | n/a |
| Volume | n/a |
| Open | n/a |
| Previous Close | 19.54 |
| Day's Range | n/a |
| 52-Week Low | 19.40 |
| 52-Week High | 43.40 |
| Beta | 3.32 |
| Holdings | 19 |
| Inception Date | Jun 23, 2023 |
About JETU
Fund Home PageThe MAX Airlines 3X Leveraged ETNs (JETU) is an exchange-traded product 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
86.57% of assets| Name | Symbol | Weight |
|---|---|---|
| Delta Air Lines, Inc. | DAL | 9.38% |
| American Airlines Group Inc. | AAL | 9.08% |
| GE Aerospace | GE | 9.06% |
| Howmet Aerospace Inc. | HWM | 9.05% |
| FedEx Corporation | FDX | 8.86% |
| The Boeing Company | BA | 8.86% |
| RTX Corporation | RTX | 8.84% |
| United Airlines Holdings, Inc. | UAL | 8.54% |
| United Parcel Service, Inc. | UPS | 8.44% |
| General Dynamics Corporation | GD | 6.44% |
Performance
JETU had a total return of -8.41% in the past year, including dividends. Since the fund's inception, the average annual return has been -4.57%.
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...