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Dividend Vision

JETD — MAX Airlines -3X Inverse Leveraged ETNs

MAX Airlines -3X Inverse Leveraged ETNs (JETD)

JETD pays a 0.00% distribution rate, on a 0.95% expense ratio. Total return is -90.8% over the past 3.2 years, 175.1 points behind SPY at 84.3%. Its deepest 1-year drawdown was 74.3%.

This equity ETF has a modest asset base of approximately $3.4 million and carries an expense ratio of 0.95%. The fund currently shows a 0.00% distribution rate, indicating it does not generate regular income distributions at this time. The relatively new fund, launched in June 2023, may appeal to investors seeking equity exposure, though the absence of dividend distributions makes it less suitable for those prioritizing current income generation.

JETD key facts

Issuer
Bank of America
Asset type
ETF
Asset class
Equity
Inception date
06/20/2023
Expense ratio
0.95%
Distribution rate
0.00%
Last close
$2.31
AUM
$3,972,614
Average volume
5600.0
Beta
-3.29
P/E ratio
19.1676