FLYU
·ARCA
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Key Stats
Assets Under Management
9.89MUSD
Fund Flows (1Y)
--
Dividend Yield
--
Discount/Premium to NAV
-0.30%
Shares Outstanding
160.00K
Expense Ratio
0.95%
About MicroSectors Travel 3x Leveraged ETNs
Issuer
BMO
Brand
REX Microsectors
Home Page
Inception Date
Jun 24, 2022
Structure
Exchange-Traded Note
Index Tracked
MerQube MicroSectors U.S. Travel Index
Management Style
Passive
Dividend Treatment
--
Distribution Tax Treatment
No distributions
Income Tax Type
Capital Gains
Max ST Capital Gains Rate
39.60%
Max LT Capital Gains Rate
20.00%
Primary Advisor
--
Distributor
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FLYU provides daily 3x exposure to an index of large-cap companies in the travel and tourism industry. The fund will comprise those engaged in specified segments including hotels, resorts, cruise lines, casinos and gaming, and leisure activities that meet certain requirements. Eligible securities must be listed on a US exchange, classified in the travel industry, and have a market-cap of at least 3 billion USD. Selected constituents will then be assigned a weighting in accordance with their 12-month average daily value traded, with individual capping at 25%. The index is rebalanced monthly and reconstituted quarterly. As a leveraged product with 3x factor that resets daily, FLYU is not a buy-and-hold investment and should not be expected to provide index leverage return greater than a one day period. In addition, since this is structured as an ETN, investors assume the credit risk of the Bank of Montreal.
Classification
Asset Class
Equity
Category
Sector
Focus
Consumer Discretionary
Niche
Hotels, Resorts & Cruise Lines
Strategy
Vanilla
Geography
U.S.
Weighting Scheme
Liquidity
Selection Criteria
Market cap
Returns
1-Month | 3-Month | YTD | 1-Year | 3-Year | 5-Year | |
|---|---|---|---|---|---|---|
Price Performance | +22.54% | +24.44% | +9.79% | +8.50% | +135.76% | +147.50% |
NAV Total Return | +18.97% | +28.87% | +7.93% | +7.96% | +123.17% | +0.58% |
Ratings
No data is currently available
Ainvest’s AI-powered ETF Scoring Algorithm, built to help retail investors make smarter, data-driven decisions. Leveraging deep learning, reinforcement learning, and large language models, the algorithm scores ETFs across five key dimensions: Fund Flow, Momentum, Safety, Fundamentals, and Performance. Each factor is weighted by its correlation to future returns, resulting in a single, actionable score. Backtested over five years with consistently strong predictive accuracy. Ainvest brings institutional-grade artificial intelligence to everyday investors—transforming complexity into clarity with every score.
Holdings Analysis
Sector
Consumer Cyclical
52.58%
Industrials
17.70%
Technology
16.40%
Communication Services
13.20%
Real Estate
0.12%
Consumer Cyclical
52.58%
Industrials
17.70%
Technology
16.40%
Communication Services
13.20%
Real Estate
0.12%
Asset
Region
100%
Category
Ratio
North America
100.00%
Investment Style
No data is currently available
Top 10 Holdings
No data is currently available
Is SPY better than FLYU?
Dividends
No data is currently available
Premium/Discount Chart
Premium/Discount to NAV
Price
1M
Assets Under Management
Assets Under Management
1M
Should I buy FLYU?
Fund Flows
Inflows
Outflows
1M
