MAX Airlines 3X Leveraged ETN (JETU)
JETU is a passive ETF by Max tracking the investment results of the Prime Airlines Index - Benchmark TR Net. JETU launched on Jun 20, 2023 and has a 0.95% expense ratio.
ETF Info
Jun 20, 2023
North America (U.S.)
1x
Prime Airlines Index - Benchmark TR Net
Expense Ratio
JETU 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
MAX Airlines 3X Leveraged ETN (JETU) returned -30.08% year-to-date (YTD) and 0.51% over the past 12 months.
JETU
-30.08%
37.55%
-31.22%
0.51%
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 JETU, 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 | 6.32% | -11.68% | -30.42% | -22.20% | 37.55% | -30.08% | |||||||
| 2024 | -12.31% | 15.52% | 10.75% | -12.58% | 2.54% | -1.17% | -4.13% | -3.80% | 13.23% | 10.52% | 22.31% | -1.62% | 38.00% |
| 2023 | 13.13% | -3.18% | -18.57% | -27.33% | -21.10% | 35.62% | 19.81% | -16.92% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current rank of JETU is 20, meaning it’s performing worse than 80% 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 MAX Airlines 3X Leveraged ETN (JETU) 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 MAX Airlines 3X Leveraged ETN. 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 MAX Airlines 3X Leveraged ETN was 68.64%, occurring on Apr 8, 2025. The portfolio has not yet recovered.
The current MAX Airlines 3X Leveraged ETN drawdown is 39.89%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -68.64% | Jan 22, 2025 | 54 | Apr 8, 2025 | — | — | — |
| -60.59% | Jul 12, 2023 | 77 | Oct 27, 2023 | 305 | Jan 16, 2025 | 382 |
| -3.63% | Jul 6, 2023 | 1 | Jul 6, 2023 | 2 | Jul 10, 2023 | 3 |
| -3.07% | Jun 21, 2023 | 3 | Jun 23, 2023 | 2 | Jun 27, 2023 | 5 |
Volatility
Volatility Chart
The chart below shows the rolling one-month volatility.
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