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NYSE / ETF

MAX Airlines 3X Leveraged ETNs

JETU

Market price

$22.77

Source / date

Yahoo Finance chart · 10/2/2026, 8:00:00 PM

Exchange-traded prices may be delayed or unavailable from the quote provider. Company P/E-based scores, DCF valuation and forensic analysis do not apply to this listing; the analysis below uses the framework appropriate to its investment type.

DeepScreen investment analysis

ETF basket analysis

Refreshed 10/3/2026, 10:00:55 PM

Sources used: Yahoo Finance · Yahoo Finance holding fundamentals · Yahoo Finance fund risk/management statistics · NYSE history 2024-07-08 to 2026-10-02
1

Basket and structure

What the ETF owns and how the reported portfolio is classified.

Benchmark / index
Trading--Leveraged Equity
Fund family
Bank of Montreal
Provider listing name
MAX Airlines 3X Leveraged ETN

Market listing label; not a verified fund-family disclosure.

Legal structure
Exchange Traded Fund
Inception
2023-06-20
First recorded trade
2024-07-12

Provider's first available trade, not necessarily fund launch.

2

Price history

Returns and risk calculated from available adjusted-price history, not a benchmark comparison.

1Y return
1.25%
52-week high
$43.4
52-week low
$20.2
3

Holding quality and valuation

Weighted fundamentals are calculated only across holdings for which usable company fundamentals are available.

Weighted ROE
49.27%

82.4% of reported weight covered.

Weighted earnings growth
16.86%
Weighted debt / equity
2.11
4

Risk and concentration

Portfolio concentration plus realized and provider-published risk statistics.

Top-10 weight
82.4%
Largest sector
industrials · 100%
Top-3 sector weight
100%
3Y max drawdown
-64.45%
5Y max drawdown
-64.45%
3Y volatility
73.89%
Beta
3.25
5

Cost and execution

Ownership cost, tracking quality and exchange-trading friction where the source publishes them.

Expense ratio / TER
0.95%
Bid / ask spread
0.524%
Premium / discount to NAV
-0.444%
AUM
$4.3M
Average volume
5.73K
Latest session volume
12.59K

Not an average.

Top reported holdings

HoldingSymbolWeight
RTX CorpRTX9.14%
Honeywell International IncHON9.13%
American Airlines Group IncAAL8.94%
GE AerospaceGE8.91%
Boeing CoBA8.88%
Howmet Aerospace IncHWM8.41%
FedEx CorpFDX7.64%
United Parcel Service Inc Class BUPS7.23%
Honeywell Aerospace IncHONA7.06%
Delta Air Lines IncDAL7.01%

DeepScreen displays verified values returned by its current sources. Metrics without a verified value are omitted rather than shown as empty placeholder cards.

Investment FAQ

Questions about MAX Airlines 3X Leveraged ETNs

Research answers for MAX Airlines 3X Leveraged ETNs (JETU) using the analysis framework appropriate to a ETF.

ETF FAQ

What is MAX Airlines 3X Leveraged ETNs (JETU)?
MAX Airlines 3X Leveraged ETNs is listed by DeepScreen as an exchange-traded fund. An ETF represents a portfolio of underlying assets while its units trade on an exchange during market hours. Research the fund's benchmark or strategy, holdings, concentration, costs, tracking quality and trading liquidity rather than evaluating it as a single operating company.
How should I analyze MAX Airlines 3X Leveraged ETNs?
Analyze MAX Airlines 3X Leveraged ETNs as a basket. Check what index or strategy it follows, the weight of its largest holdings and sectors, portfolio valuation and quality where meaningful, historical drawdown and volatility, expense ratio, tracking difference, tracking error, bid-ask spread, AUM, volume and premium or discount to NAV.
Why can JETU trade at a premium or discount to NAV?
JETU's exchange price is set by buyers and sellers while NAV reflects the value of the underlying portfolio. Differences in liquidity, trading hours, market stress or the pricing of underlying assets can create a premium or discount. Large or persistent gaps can increase the effective cost of trading the ETF.
What tracking metrics matter for MAX Airlines 3X Leveraged ETNs?
For a benchmark-tracking ETF, compare both tracking difference and tracking error. Tracking difference shows how far the fund's return has lagged or exceeded its benchmark over a period, while tracking error measures how variable that gap has been. Fees, cash holdings, rebalancing and implementation costs can affect both.
Is MAX Airlines 3X Leveraged ETNs a good ETF to buy?
DeepScreen does not provide a personalized buy recommendation. Assess whether MAX Airlines 3X Leveraged ETNs's benchmark or strategy, concentration, costs, tracking, liquidity and risk fit the exposure you are researching, and verify the issuer's latest factsheet and prospectus before making an investment decision.