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 higher-than-average management fees.
Share Price Chart
Loading data...
Compare to other instruments
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in MicroSectors Travel -3X Inverse Leveraged ETNs, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.
Returns By Period
MicroSectors Travel -3X Inverse Leveraged ETNs had a return of 0.34% year-to-date (YTD) and -56.88% in the last 12 months.
FLYD
0.34%
5.42%
-42.70%
-56.88%
N/A
N/A
^GSPC (Benchmark)
-0.66%
-3.44%
3.10%
22.14%
12.04%
11.24%
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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 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 1, meaning it’s performing worse than 99% 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.
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.
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 95.10%, occurring on Dec 4, 2024. The portfolio has not yet recovered.
The current MicroSectors Travel -3X Inverse Leveraged ETNs drawdown is 94.15%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -95.1% | Jul 1, 2022 | 611 | Dec 4, 2024 | — | — | — |
| -20.21% | Jun 24, 2022 | 1 | Jun 24, 2022 | 4 | Jun 30, 2022 | 5 |
Volatility
Volatility Chart
The current MicroSectors Travel -3X Inverse Leveraged ETNs volatility is 12.64%, representing the average percentage change in the investments's value, either up or down over the past month. The chart below shows the rolling one-month volatility.