Bank of MontrealLeveraged EquityJETU · NYSE Arca

MAX Airlines 3X Leveraged ETNs (JETU)

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Price: $24.53; —12 Nov 2026
Assets: $3.4M; Total net assets
Expense ratio: 0.95%; Category 0.00%
Yield: 0.00%; Trailing distributions

1Y return: -0.3%+16.5%; Category -16.9%
3Y CAGR: —; Category 25.2%
5Y CAGR: —; Category 1.4%

$24.53—12 Nov 2026

Fund

Assets: $3.4M
Expense: 0.95%
Categ. exp: 0.00%
Yield: 0.00%

ReturnFundCateg.

1Y-0.3%-16.9%

3Y—25.2%

5Y—1.4%

Launch10.6%—

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MAX Airlines 3X 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: —

Trailing returns compared with benchmark
Period	1M	3M	6M	YTD	1Y	3YCAGR	5YCAGR	10YCAGR	LaunchCAGR
ETF	+19.4%	-32.9%	-7.5%	-17.6%	-0.3%	—	—	—	+10.6%
Leveraged Equity average	-25.0%	-32.7%	-30.0%	-13.3%	-16.9%	25.2%	1.4%	8.6%	-24.6%
Difference	+44.4%	-0.2%	+22.5%	-4.4%	+16.5%	—	—	—	+35.1%

Holdings

The 10 largest positions make up 86.4% of the fund.

Top holdings

Largest holdings by weight
Ticker	Holding	Weight
DAL	Delta Air Lines Inc	9.50%
AAL	American Airlines Group Inc	9.50%
GE	GE Aerospace	9.15%
HWM	Howmet Aerospace Inc	9.10%
UAL	United Airlines Holdings Inc	8.78%
RTX	RTX Corp	8.72%
BA	Boeing Co	8.57%
FDX	FedEx Corp	8.57%
UPS	United Parcel Service Inc Class B	8.22%
GD	General Dynamics Corp	6.31%

Portfolio valuation

Weighted averages of what the fund holds.

P/E: 20.3
P/B: 3.3
P/S: 0.6
P/CF: 7.0

Sector allocation

Share of the equity the fund holds.

Industrials100.0%

Asset mix

Stocks100.0%

ETF details

Issuer: Bank of Montreal
Category: Equity · Leveraged Equity
Ticker: JETU
Exchange: NYSE Arca
Inception: 20 Jun 2023 (3.4 years)
Structure: Exchange Traded Fund
Expense ratio: 0.95% (category 0.00%)
Holdings turnover: 0%
Distribution yield: 0.00%
Beta, 3 years: 3.12
Total net assets: $3.4M

Prices and returns as of 12 Nov 2026; total return with distributions reinvested, before brokerage and taxes. Not investment advice.

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