evenfolioETF Details
Bank of Montreal·Inverse Equity·JETD · NYSE Arca
MAX Airlines - 3X Inverse Leveraged ETNs (JETD)
- Price
- $3.22
- —25 Sept 2026
- Assets
- $4.6M
- Total net assets
- Expense ratio
- 0.95%
- Category 0.00%
- Yield
- 0.00%
- Trailing distributions
- 1Y return
- -57.5%-23.9%
- Category -33.6%
- 3Y CAGR
- -54.6%-19.5%
- Category -35.1%
- 5Y CAGR
- —
- Category -25.4%
Loading NAV history…
MAX Airlines - 3X Inverse Leveraged ETNs
Calendar-year returns
Fund only: no comparison series covers this fund's history.
Risk statistics
Five years of daily closes. Risk-free rate 4% a year.
- Standard deviation
- —
- Maximum drawdown
- —
- Sharpe ratio
- —
- Sortino ratio
- —
- Beta
- —
- Alpha
- —
- R²
- —
- Information ratio
- —
- Upside capture
- —
- Downside capture
- —
- Tracking error
- —
| Period | 1M | 3M | 6M | YTD | 1Y | 3YCAGR | 5YCAGR | 10YCAGR | LaunchCAGR |
|---|---|---|---|---|---|---|---|---|---|
| ETF | +18.8% | +43.8% | -41.1% | -33.3% | -57.5% | -54.6% | — | — | -46.6% |
| Inverse Equity average | -6.2% | -18.4% | -38.8% | -34.4% | -33.6% | -35.1% | -25.4% | -29.6% | -41.7% |
| Difference | +25.0% | +62.2% | -2.3% | +1.1% | -23.9% | -19.5% | — | — | -4.9% |
Holdings
The 10 largest positions make up 82.4% of the fund.
Top holdings
| Ticker | Holding | Weight |
|---|---|---|
| RTX | RTX Corp | 9.14% |
| HON | Honeywell International Inc | 9.13% |
| AAL | American Airlines Group Inc | 8.95% |
| GE | GE Aerospace | 8.91% |
| BA | Boeing Co | 8.88% |
| HWM | Howmet Aerospace Inc | 8.41% |
| FDX | FedEx Corp | 7.64% |
| UPS | United Parcel Service Inc Class B | 7.23% |
| HONA | Honeywell Aerospace Inc | 7.06% |
| DAL | Delta Air Lines Inc | 7.01% |
Portfolio valuation
Weighted averages of what the fund holds.
- P/E
- 19.4
- P/B
- 3.7
- P/S
- 0.7
- P/CF
- 7.7
Sector allocation
Share of the equity the fund holds.
- Industrials100.0%
Asset mix
- Stocks100.0%
ETF details
- Issuer
- Bank of Montreal
- Category
- Equity · Inverse Equity
- Ticker
- JETD
- Exchange
- NYSE Arca
- Inception
- 20 Jun 2023 (3.3 years)
- Structure
- Exchange Traded Fund
- Expense ratio
- 0.95% (category 0.00%)
- Holdings turnover
- 0%
- Distribution yield
- 0.00%
- Beta, 3 years
- -3.16
- Total net assets
- $4.6M
Prices and returns as of 25 Sept 2026; total return with distributions reinvested, before brokerage and taxes. Not investment advice.
Other inverse equity ETFs
Other ETFs in the Inverse Equity category.
- IONZ · Defiance Daily Target 2x Short IONQ ETFDefiance ETFs LLC · $4.6M · ER 1.91%
- SDP · ProShares UltraShort UtilitiesProShares · $4.6M · ER 0.95%5Y -12.7%
- SZK · ProShares UltraShort Consumer StaplesProShares · $4.6M · ER 0.95%5Y -2.8%
- BRZD · MicroSectors - 3x Short Brazil ETNsBMO Capital Markets · $4.4M · ER 0.95%
- MZZ · ProShares UltraShort MidCap400ProShares · $4.3M · ER 0.95%5Y -15.3%
- SKHZ · Leverage Shares 1X Short Sk Hynix Daily ETFThemes ETF Trust · $4.2M · ER 0.75%