FLYUMicroSectors Travel 3X Leveraged ETNs
Seeks daily returns linked to the MerQube MicroSectors U.S. Travel Index.
By BMO Capital Markets · Launched 2022
Annual Cost
0.95%
#5,033 of 6,040 · expensive
Fund Size
$7M
#5,154 of 6,040 · small
Return (1Y)
-39.2%
Track Record
4 years
#2,656 of 6,040 · seasoned
Performance
Total-return NAV · USDGrowth of $10,000
$6,108-38.9%
Total-return NAV, USD. Net of fund fees, before tax.
What's inside
How Beacon categorizes this fundAsset class
EquityRegion
North americaStrategy
Leveraged
Sector
Consumer discretionaryIndex tracked
MerQube MicroSectors US Travel Index
Holdings
By weightConcentration
synthetic exposure — holdings shown are derivatives collateral, not the fund's positions
Uber Technologies IncUBER
11.4%
Booking Holdings IncBKNG
10.3%
The Walt Disney CoDIS
8.1%
American Airlines Group IncAAL
7.7%
Royal Caribbean GroupRCL
5.1%
Carnival Corporation LtdCCL
4.7%
United Airlines Holdings IncUAL
4.6%
Airbnb Inc Ordinary Shares - Class AABNB
4.4%
Delta Air Lines IncDAL
4.3%
Hilton Worldwide Holdings IncHLT
4.0%
Asset allocation
Stocks
100.0%
By sector
Consumer Cyclical
50.2%
Industrials
25.6%
Technology
15.9%
Communication
8.1%
Real Estate
0.1%
Risk profile
Last 12 months · Sharpe & Sortino need 3+ yearsVolatility (1Y)
76.2%High
Year-on-year price swings
Max drawdown
-69.0%Severe
Worst peak-to-trough loss
Sharpe (3Y)
0.31Below average
Sortino (3Y)
0.46Moderate downside risk
Listing
- Exchange
- NYSE Arca
Full fund details
- Objective
- Seeks daily returns linked to the MerQube MicroSectors U.S. Travel Index.
- Strategy
- Offers 3X leveraged exposure to large and liquid U.S. companies in the travel and tourism sector, resetting daily. Designed for sophisticated investors seeking short-term trading opportunities.
- Inception date
- June 22, 2022
- Fund family
- BMO Capital Markets
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Data updated on 2026-09-18