JETU

MSectors™ Airlines 3X Leveraged ETNs

The return on the MSectors™ Airlines 3X Leveraged ETNs is linked to a 3X times leveraged participation in the daily performance of the Prime Airlines Index, minus the applicable fees. The ETNs are not “buy and hold” investments and should not be expected to provide a 3X times leveraged return of the underlying index’s cumulative return for periods greater than a day. 

PRODUCT DETAILS
Sector Airlines
Ticker JETU
Intraday Indicative Note Value Ticker JETUIV
CUSIP 63679492
ISIN US0636794929
Issue Date 6/23/2023
Maturity Date 5/28/2043
DAILY MARKET DATA
Closing Indicative Value $19.04
Market Capitalization $3,045,683
ETNs Outstanding 160,000
Index Details
Index Name Prime Airlines Index
Index Ticker PJETSNTR
Rebalance Frequency Monthly
No. of Constituents 20

WHAT IS THE 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. The index’s underlying composition is modified liquidity weighted. 

LEARN MORE ABOUT THE PRIME AIRLINES INDEX

Prime Airlines Index Components

  • 9.49% HONEYWELL INTERNATIONAL INC
  • 9.29% RTX CORP
  • 9.06% FEDEX CORP
  • 9.03% GENERAL ELECTRIC
  • 8.84% UNITED PARCEL SERVICE-CL B
  • 8.80% UNITED AIRLINES HOLDINGS INC
  • 8.74% BOEING CO/THE
  • 8.58% AMERICAN AIRLINES GROUP INC
  • 8.18% DELTA AIR LINES INC
  • 6.49% TRANSDIGM GROUP INC
  • 4.07% SOUTHWEST AIRLINES CO
  • 3.41% ALASKA AIR GROUP INC
  • 2.45% JETBLUE AIRWAYS CORP
  • 0.98% RYANAIR HOLDINGS PLC-SP ADR
  • 0.75% SKYWEST INC
  • 0.54% ALLEGIANT TRAVEL CO
  • 0.48% COPA HOLDINGS SA-CLASS A
  • 0.30% FORWARD AIR CORP
  • 0.30% FRONTIER GROUP HOLDINGS INC
  • 0.22% SUN COUNTRY AIRLINES HOLDING