JETUMAX Airlines 3X Leveraged ETN
Seeks daily returns based on the performance of the Prime Airlines Index.
By Bank of Montreal · Launched 2023
Annual Cost
0.95%
#5,033 of 6,040 · expensive
Fund Size
$4M
#5,373 of 6,040 · small
Return (1Y)
+6.1%
Track Record
3 years
#2,975 of 6,040 · seasoned
Performance
Total-return NAV · USDGrowth of $10,000
$10,592+5.9%
Total-return NAV, USD. Net of fund fees, before tax.
What's inside
How Beacon categorizes this fundAsset class
EquityRegion
North americaStrategy
Leveraged
Sector
IndustrialsIndex tracked
Prime Airlines Index
Holdings
By weightConcentration
synthetic exposure — holdings shown are derivatives collateral, not the fund's positions
RTX CorpRTX
9.1%
Honeywell International IncHON
9.1%
American Airlines Group IncAAL
8.9%
GE AerospaceGE
8.9%
Boeing CoBA
8.9%
Howmet Aerospace IncHWM
8.4%
FedEx CorpFDX
7.6%
United Parcel Service Inc Class BUPS
7.2%
Honeywell Aerospace IncHONA
7.1%
Delta Air Lines IncDAL
7.0%
Asset allocation
Stocks
100.0%
By sector
Industrials
100.0%
Risk profile
Last 12 months · Sharpe & Sortino need 3+ yearsVolatility (1Y)
76.1%High
Year-on-year price swings
Max drawdown
-68.6%Severe
Worst peak-to-trough loss
Sharpe (3Y)
0.41Below average
Sortino (3Y)
0.62Moderate downside risk
Listing
- Exchange
- NYSE Arca
Full fund details
- Objective
- Seeks daily returns based on the performance of the Prime Airlines Index.
- Strategy
- The MAX Airlines 3X Leveraged ETN aims to provide daily returns linked to the Prime Airlines Index, which includes U.S.-listed airline industry companies. Designed for sophisticated investors, it is not a buy-and-hold investment and should be actively monitored.
- Inception date
- June 20, 2023
- Fund family
- Bank of Montreal
Similar funds
Same asset class, closest by strategy & exposureNext steps
Save JETU to compare it with other funds, or start building a portfolio.
Data updated on 2026-09-18