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MAX Airlines -3X Inverse Leveraged ETNs: (JETD)

(Delayed Data from NYSE) As of Jul 22, 2024 10:22 AM ET

$21.75 USD

21.75
1,395

+0.45 (2.13%)

Volume: 1,395

Zacks ETF Rank

This is our ETF rating system that serves as a timeliness indicator for ETFs over the next 6 months:

Zacks Rank Definition
1 Strong Buy
2 Buy
3 Hold
4 Sell
5 Strong Sell

See all the Top Ranked ETFs here - The complete list of all the top ranked ETFs

NA

ETF Quote Details

Previous Close 21.30
Open 21.74
Bid 18.00
Ask 22.50
Day Low-High 21.74-21.75
52wk Low-High 19.06-46.49
Volume 1,395
NAV (month end) 20.92
Premium (+)/Discount (-) (month end)+0.38

Zacks Premium Research for JETD

Zacks ETF Rank

This is our ETF rating system that serves as a timeliness indicator for ETFs over the next 6 months:

Zacks Rank Definition
1 Strong Buy
2 Buy
3 Hold
4 Sell
5 Strong Sell

See all the Top Ranked ETFs here - The complete list of all the top ranked ETFs

 NA
ETF Risk

Zacks proprietary quantitative models divide each set of ETFs following a similar investment strategy (style box/industry/asset class) into three risk categories- High, Medium, and Low. The aim of our models is to select the best ETFs within each risk category, so that investors can pick an ETF that matches their particular risk preference in order to better achieve their investment goals.

NA

ETF Expense Ratio

Expense Ratio 0.95%
Dividend (Yield) $0.00 (0.00%)
Issuer MAX ETNS

Benchmark for JETD

PRIME AIRLINES INDEX

The Prime Airlines Index includes stocks of U.S.-listed companies that have operations relating to the airline industry, including airlines and aircraft and aircraft parts manufacturers, and companies engaged in the businesses of air freight and logistics, aircraft leasing and airline and airport operations.

Fund Summary for JETD

MAX AIRLINES -3X INVERSE LEVERAGED ETNS

The MAX Airlines -3X Inverse Leveraged ETNs is linked to a 3X times inverse leveraged participation in the daily performance of the Prime Airlines Index, minus the applicable fees.