MAX Airlines -3X Inverse Leveraged ETN (JETD)
4.64
+0.04
(+0.93%)
USD |
NYSEARCA |
Dec 26, 16:00
4.70
+0.06
(+1.29%)
Pre-Market: 20:00
Price Chart
Key Stats
| Net Expense Ratio | Discount or Premium to NAV | Total Assets Under Management | 30-Day Average Daily Volume |
|---|---|---|---|
| 0.95% | -0.43% | 2.299M | 9232.97 |
| Weighted Average Dividend Yield | Turnover Ratio (Generic) | 1 Year Fund Level Flows | Max Drawdown (Since Inception) |
| -- | -- | 2.574M | Upgrade |
Basic Info
| Investment Strategy | |
| The Fund seeks three times leveraged participation in the daily inverse performance of the Prime Airlines Index, compounded daily, minus the applicable fees. The Index is a total return index that tracks the stock prices of U.S.-listed companies that have operations relating to the airline industry. |
| General | |
| Security Type | Exchange-Traded Fund |
| Equity Style | -- |
| Broad Asset Class | Alternative |
| Broad Category | Alternative Strategies |
| Global Peer Group | Alternative Dedicated Short Bias |
| Peer Group | Dedicated Short Bias Funds |
| Global Macro | Liquid Alternatives |
| US Macro | Alternative Equity Funds |
| YCharts Categorization | -- |
| YCharts Benchmark | -- |
| Prospectus Objective | Dedicated Short Bias Funds |
| Fund Owner Firm Name | BMO Global Asset Management |
| Broad Asset Class Benchmark Index | |
| ^MSACWINTR | 100.0% |
Performance Versus Peer Group
Annual Total Returns Versus Peers
As of December 27, 2025.
Asset Allocation
| Type | % Net |
|---|---|
| Cash | -- |
| Stock | -- |
| Bond | -- |
| Convertible | -- |
| Preferred | -- |
| Other | -- |
Basic Info
| Investment Strategy | |
| The Fund seeks three times leveraged participation in the daily inverse performance of the Prime Airlines Index, compounded daily, minus the applicable fees. The Index is a total return index that tracks the stock prices of U.S.-listed companies that have operations relating to the airline industry. |
| General | |
| Security Type | Exchange-Traded Fund |
| Equity Style | -- |
| Broad Asset Class | Alternative |
| Broad Category | Alternative Strategies |
| Global Peer Group | Alternative Dedicated Short Bias |
| Peer Group | Dedicated Short Bias Funds |
| Global Macro | Liquid Alternatives |
| US Macro | Alternative Equity Funds |
| YCharts Categorization | -- |
| YCharts Benchmark | -- |
| Prospectus Objective | Dedicated Short Bias Funds |
| Fund Owner Firm Name | BMO Global Asset Management |
| Broad Asset Class Benchmark Index | |
| ^MSACWINTR | 100.0% |