JETD Holdings: MAX Airlines -3X Inverse Leveraged ETNs Top Holdings
NYSE: JETDBank of MontrealTrading--Inverse EquityETFUSD
At close: Oct 9, 3:59 PM ET · Delayed 15 min
JETD portfolio concentration
The MAX Airlines -3X Inverse Leveraged ETNs (JETD) reports 10 holdings. Its biggest position is Delta Air Lines Inc (DAL) at 9.50% of assets. The top 10 holdings account for 86.4% of the portfolio, a concentrated portfolio where a handful of companies drive returns.
10 positions carry a weight of 1% or more. Based on the weights listed, JETD behaves like an equal-weighted fund of about 13 stocks (the inverse Herfindahl index), a measure of how diversified it really is. Holdings and weights change over time as the fund rebalances and as share prices move.
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Summary generated from market data by MetaCap's automated system. Methodology
JETD holdings by weight
| # | Holding | Weight |
|---|---|---|
| 1 | DALDelta Air Lines Inc | 9.50% |
| 2 | AALAmerican Airlines Group Inc | 9.50% |
| 3 | GEGE Aerospace | 9.15% |
| 4 | HWMHowmet Aerospace Inc | 9.10% |
| 5 | UALUnited Airlines Holdings Inc | 8.78% |
| 6 | RTXRTX Corp | 8.72% |
| 7 | BABoeing Co | 8.57% |
| 8 | FDXFedEx Corp | 8.57% |
| 9 | UPSUnited Parcel Service Inc Class B | 8.22% |
| 10 | GDGeneral Dynamics Corp | 6.31% |