MAX Airlines -3X Inverse Leveraged ETN
JETD----
About
JETD tracks -3x the daily price movements of an index consisting of US-listed companies in the air transportation industry, these include airlines, airfreight and logistics, and aircraft and parts manufacturing. The index selects equities by market cap and weights the resulting portfolio by liquidity.
- Name
- MAX Airlines -3X Inverse Leveraged ETN
- Index tracked
- Prime Airlines NR USD
- Type
- Other
- Expense ratio
- 0.95%
- Management fee
- 0.95%
- Dividend policy
- Irregular
- NAV
- USD 3.67348 (10/12/2026)
- Issued units
- 1.50M (10/12/2026)
- Listing date
- Jun 20, 2023
- Sponsor
- Bank of Montreal
- Custodian
- --