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MicroSectors Travel 3X Leveraged ETNs (FLYU)
Performance
Return for Risk
Dividends
Drawdowns
Volatility

ETF Info

ISIN
US06368J2006
Issuer
REX
Inception Date
Jun 22, 2022
Region
North America (U.S.)
Leveraged
1x (No leverage)
Index Tracked
MerQube MicroSectors U.S. Travel Index
Distribution Policy
Accumulating
Asset Class
Equity
Asset Class Size
Mid-Cap
Asset Class Style
Growth

Share Price Chart


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Performance

Performance Chart

The chart shows the growth of an initial investment of $10,000 in MicroSectors Travel 3X 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.


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S&P 500 Index

Returns By Period

MicroSectors Travel 3X Leveraged ETNs (FLYU) has returned -38.63% so far this year and -5.83% over the past 12 months.


MicroSectors Travel 3X Leveraged ETNs

1D
12.17%
1M
-22.48%
YTD
-38.63%
6M
-37.59%
1Y
-5.83%
3Y*
3.11%
5Y*
10Y*

Benchmark (S&P 500 Index)

1D
2.91%
1M
-5.09%
YTD
-4.63%
6M
-2.39%
1Y
16.33%
3Y*
16.69%
5Y*
10.18%
10Y*
12.16%
*Multi-year figures are annualized to reflect compound growth (CAGR)

Monthly Returns

Based on dividend-adjusted daily data since Jun 22, 2022, FLYU's average daily return is +0.17%, while the average monthly return is +3.59%. At this rate, your investment would double in approximately 1.6 years.

Historically, 46% of months were positive and 54% were negative. The best month was Jan 2023 with a return of +86.1%, while the worst month was Mar 2025 at -38.6%. The longest winning streak lasted 4 consecutive months, and the longest losing streak was 4 months.

On a daily basis, FLYU closed higher 52% of trading days. The best single day was Apr 9, 2025 with a return of +45.6%, while the worst single day was Apr 3, 2025 at -26.6%.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
2026-12.84%-9.17%-22.48%-38.63%
20258.10%-4.01%-38.64%-12.22%36.50%19.74%2.58%16.95%-12.33%-8.34%-3.27%14.70%-2.29%
2024-0.79%23.32%9.85%-24.33%-7.56%11.16%-19.86%-3.91%26.10%18.06%31.82%-15.79%33.00%
202386.08%-3.82%-14.17%-5.42%-3.99%52.19%14.51%-22.64%-20.11%-25.99%47.54%28.73%111.16%
2022-9.57%32.75%0.32%-32.86%47.68%5.63%-34.82%-17.79%

Benchmark Metrics

MicroSectors Travel 3X Leveraged ETNs has an annualized alpha of -18.71%, beta of 3.95, and R² of 0.61 versus S&P 500 Index. Calculated based on daily prices since June 23, 2022.

  • This ETF captured 455.78% of S&P 500 Index gains and 263.87% of its losses — amplifying both gains and losses, but participating more in upside than downside.
  • This ETF had an annualized alpha of -18.71% versus S&P 500 Index — delivering less than market exposure alone would predict.
  • Beta of 3.95 means this ETF moves significantly more than S&P 500 Index — expect amplified gains in rallies and amplified losses in downturns.

Alpha
-18.71%
Beta
3.95
0.61
Upside Capture
455.78%
Downside Capture
263.87%

Expense Ratio

FLYU has a high expense ratio of 0.95%, indicating above-average management fees.


Return for Risk

Risk / Return Rank

FLYU ranks 14 for risk / return — in the bottom 14% of ETFs on our site. This means you're taking on significantly more risk than the returns justify. Consider whether the potential upside is worth the volatility, or explore alternatives with better risk / return profiles.


FLYU Risk / Return Rank: 1414
Overall Rank
FLYU Sharpe Ratio Rank: 1010
Sharpe Ratio Rank
FLYU Sortino Ratio Rank: 2020
Sortino Ratio Rank
FLYU Omega Ratio Rank: 1919
Omega Ratio Rank
FLYU Calmar Ratio Rank: 1010
Calmar Ratio Rank
FLYU Martin Ratio Rank: 1010
Martin Ratio Rank
The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

Return / Risk — by metrics

The table below present risk-adjusted performance metrics for MicroSectors Travel 3X Leveraged ETNs (FLYU) and compare them to a chosen benchmark (S&P 500 Index).


FLYUBenchmarkDifference

Sharpe ratio

Return per unit of total volatility

-0.06

0.90

-0.96

Sortino ratio

Return per unit of downside risk

0.59

1.39

-0.80

Omega ratio

Gain probability vs. loss probability

1.08

1.21

-0.14

Calmar ratio

Return relative to maximum drawdown

-0.13

1.40

-1.53

Martin ratio

Return relative to average drawdown

-0.33

6.61

-6.93

Explore FLYU risk-adjusted metrics in detail

Dive deeper into individual metrics with historical trends, benchmark comparisons, and performance across different time periods.

Dividends

Dividend History


MicroSectors Travel 3X Leveraged ETNs doesn't pay dividends

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 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 Leveraged ETNs was 69.00%, occurring on Apr 8, 2025. The portfolio has not yet recovered.

The current MicroSectors Travel 3X Leveraged ETNs drawdown is 51.32%.


Depth

Start

To Bottom

Bottom

To Recover

End

Total

-69%Feb 20, 202534Apr 8, 2025
-57.71%Aug 17, 202293Dec 28, 202227Feb 7, 2023120
-57.51%Aug 1, 202363Oct 27, 202370Feb 8, 2024133
-56.08%Mar 28, 202489Aug 5, 202466Nov 6, 2024155
-42%Feb 16, 202348Apr 26, 202346Jul 3, 202394

Volatility

Volatility Chart

The chart below shows the rolling one-month volatility.


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