MicroSectors Travel -3X Inverse Leveraged ETNs (FLYD)
FLYD is a passive ETF by REX Microsectors tracking the investment results of the MerQube MicroSectors U.S. Travel Index. FLYD launched on Jun 22, 2022 and has a 0.95% expense ratio.
ETF Info
US06368J1016
Jun 22, 2022
North America (U.S.)
1x
MerQube MicroSectors U.S. Travel Index
Mid-Cap
Growth
Expense Ratio
FLYD has a high expense ratio of 0.95%, indicating above-average management fees.
Share Price Chart
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Compare to other instruments
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Performance
Performance Chart
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Returns By Period
MicroSectors Travel -3X Inverse Leveraged ETNs (FLYD) returned -31.12% year-to-date (YTD) and -65.91% over the past 12 months.
FLYD
-31.12%
-32.20%
-20.97%
-65.91%
N/A
N/A
N/A
^GSPC (Benchmark)
0.51%
6.15%
-2.00%
12.92%
12.68%
14.19%
10.85%
Monthly Returns
The table below presents the monthly returns of FLYD, with color gradation from worst to best to easily spot seasonal factors. Returns are adjusted for dividends.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2025 | -9.39% | -0.53% | 46.97% | -23.31% | -32.20% | -31.12% | |||||||
| 2024 | -3.23% | -22.73% | -10.87% | 26.87% | 4.51% | -12.01% | 19.60% | -5.81% | -23.39% | -18.55% | -26.86% | 14.75% | -54.13% |
| 2023 | -50.22% | -2.39% | 7.07% | 0.90% | -1.47% | -37.29% | -15.55% | 23.64% | 21.85% | 26.63% | -35.75% | -25.95% | -75.14% |
| 2022 | 5.23% | -36.48% | -10.73% | 27.79% | -40.48% | -17.19% | 43.08% | -46.23% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current rank of FLYD is 2, meaning it’s performing worse than 98% of other ETFs on our website when it comes to balancing risk and reward. Below is a breakdown of how it compares using common performance measures.
Risk-Adjusted Performance Indicators
The charts below present risk-adjusted performance metrics for MicroSectors Travel -3X Inverse Leveraged ETNs (FLYD) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
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Dividends
Dividend History
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.
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Worst Drawdowns
The table below displays the maximum drawdowns of the MicroSectors Travel -3X Inverse Leveraged ETNs. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.
The maximum drawdown for the MicroSectors Travel -3X Inverse Leveraged ETNs was 96.29%, occurring on May 13, 2025. The portfolio has not yet recovered.
The current MicroSectors Travel -3X Inverse Leveraged ETNs drawdown is 95.99%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -96.29% | Jul 1, 2022 | 719 | May 13, 2025 | — | — | — |
| -20.21% | Jun 24, 2022 | 1 | Jun 24, 2022 | 4 | Jun 30, 2022 | 5 |
Volatility
Volatility Chart
The chart below shows the rolling one-month volatility.
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