JETU vs. BRKW

Last updated Jun 26, 2026

JETU (MAX Airlines 3X Leveraged ETN) and BRKW (Roundhill BRKB WeeklyPay ETF) are both exchange-traded funds - JETU is a Leveraged Equities fund tracking the Prime Airlines Index - Benchmark TR Net, while BRKW is a Derivative Income fund actively managed by Roundhill. JETU is passively managed, while BRKW is actively managed. Over the past year, JETU returned 116.71% vs -3.41% for BRKW. At a 0.26 correlation, their price movements are largely independent. JETU charges 0.95%/yr vs 0.99%/yr for BRKW.

Performance

JETU vs. BRKW - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in MAX Airlines 3X Leveraged ETN (JETU) and Roundhill BRKB WeeklyPay ETF (BRKW). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, JETU achieves a 37.51% return, which is significantly higher than BRKW's -5.09% return.

JETU

• 1D: 3.96%
• 1M: 30.16%
• YTD: 37.51%
• 6M: 30.08%
• 1Y: 116.71%
• 3Y*: 18.47%
• 5Y*: —
• 10Y*: —

BRKW

• 1D: -1.72%
• 1M: 0.55%
• YTD: -5.09%
• 6M: -4.87%
• 1Y: -3.41%
• 3Y*: —
• 5Y*: —
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

JETU vs. BRKW - Yearly Performance Comparison

	2026 (YTD)	2025
JETU MAX Airlines 3X Leveraged ETN	37.51%	63.16%
BRKW Roundhill BRKB WeeklyPay ETF	-5.09%	1.85%

Correlation

The correlation between JETU and BRKW is 0.25, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.25
Correlation (All Time) Calculated using the full available price history since Jun 18, 2025	0.26

Return for Risk

JETU vs. BRKW — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

JETU

JETU Risk / Return Rank: 49
JETU Sharpe Ratio Rank: 50
JETU Sortino Ratio Rank: 53
JETU Omega Ratio Rank: 46
JETU Calmar Ratio Rank: 55
JETU Martin Ratio Rank: 40

BRKW

BRKW Risk / Return Rank: 7
BRKW Sharpe Ratio Rank: 7
BRKW Sortino Ratio Rank: 7
BRKW Omega Ratio Rank: 7
BRKW Calmar Ratio Rank: 7
BRKW Martin Ratio Rank: 7

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.

JETU vs. BRKW - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for MAX Airlines 3X Leveraged ETN (JETU) and Roundhill BRKB WeeklyPay ETF (BRKW). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

	JETU	BRKW	Difference
Sharpe ratio: Return per unit of total volatility	1.54	-0.20	+1.74
Sortino ratio: Return per unit of downside risk	2.29	-0.16	+2.45
Omega ratio: Gain probability vs. loss probability	1.27	0.98	+0.29
Calmar ratio: Return relative to maximum drawdown	2.38	-0.27	+2.65
Martin ratio: Return relative to average drawdown	5.82	-0.54	+6.37

JETU vs. BRKW - Sharpe Ratio Comparison

The current JETU Sharpe Ratio is 1.54, which is higher than the BRKW Sharpe Ratio of -0.20. The chart below compares the historical Sharpe Ratios of JETU and BRKW, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

JETU vs. BRKW - Drawdown Comparison

The maximum JETU drawdown since its inception was -68.64%, which is greater than BRKW's maximum drawdown of -12.64%. Use the drawdown chart below to compare losses from any high point for JETU and BRKW.

Drawdown Indicators

	JETU	BRKW	Difference
Max Drawdown Largest peak-to-trough decline	-68.64%	-12.64%	-56.00%
Max Drawdown (1Y) Largest decline over 1 year	-49.39%	-12.64%	-36.75%
Max Drawdown (3Y) Largest decline over 3 years	-68.64%	—	—
Current Drawdown Current decline from peak	-1.51%	-8.12%	+6.61%
Average Drawdown Average peak-to-trough decline	-29.25%	-5.47%	-23.78%
Ulcer Index Depth and duration of drawdowns from previous peaks	20.12%	6.27%	+13.85%

Volatility

JETU vs. BRKW - Volatility Comparison

MAX Airlines 3X Leveraged ETN (JETU) has a higher volatility of 29.04% compared to Roundhill BRKB WeeklyPay ETF (BRKW) at 4.69%. This indicates that JETU's price experiences larger fluctuations and is considered to be riskier than BRKW based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	JETU	BRKW	Difference
Volatility (1M) Calculated over the trailing 1-month period	29.04%	4.69%	+24.35%
Volatility (6M) Calculated over the trailing 6-month period	61.99%	12.75%	+49.24%
Volatility (1Y) Calculated over the trailing 1-year period	76.23%	17.21%	+59.02%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	71.61%	17.16%	+54.45%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	71.61%	17.16%	+54.45%

JETU vs. BRKW - Expense Ratio Comparison

JETU has a 0.95% expense ratio, which is lower than BRKW's 0.99% expense ratio.

Dividends

JETU vs. BRKW - Dividend Comparison

JETU has not paid dividends to shareholders, while BRKW's dividend yield for the trailing twelve months is around 25.75%.

Position	TTM	2025
BRKW Roundhill BRKB WeeklyPay ETF	25.75%	14.45%
JETU MAX Airlines 3X Leveraged ETN	0.00%	0.00%

Frequently Asked Questions

Can I hold both JETU and BRKW in my portfolio?

JETU and BRKW have a correlation of 0.25, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, JETU or BRKW?

JETU has higher volatility (29.04%) compared to BRKW (4.69%). In terms of maximum drawdown, JETU dropped -68.64% vs BRKW's -12.64%.

Which ETF is better, JETU or BRKW?

On 1-year performance, JETU leads with 116.71% vs -3.41% for BRKW. On fees, JETU is cheaper at 0.95% per year. On volatility, BRKW has been the lower-risk option at 4.69%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, JETU or BRKW?

Over the 1-year period, JETU has performed better with a 116.71% return vs -3.41%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, JETU or BRKW?

JETU is cheaper with a 0.95% expense ratio, compared with 0.99% for BRKW.

Which ETF pays a higher dividend yield, JETU or BRKW?

BRKW has the higher dividend yield at 25.75%, compared with 0.00% for JETU.

What is the main difference between JETU and BRKW?

JETU is categorized as Leveraged Equities, while BRKW is Derivative Income. They also come from different issuers: Max and Roundhill. Their fees differ too: 0.95% for JETU and 0.99% for BRKW.

Which has better risk-adjusted returns?

JETU currently has the higher Sharpe Ratio (1.54 vs -0.20), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.