Performance analysis of MAX Airlines Inverse 3X Inverse Leveraged ETN (JETD)
Annual Return
Over the past 3 years, JETD has had an average annual return of -50.21%, underperforming the benchmark SPY, which returned +19.62% annual.
Since Jun 21, 2023, JETD has had an average annual return of -52.00%, underperforming the benchmark SPY, which returned +20.68% annual.
| 2026 | 2025 | 2024 | 2023 | ||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
| -46.19% | -59.89% | -51.72% | -0.29% |
Monthly Return
| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Annually Total |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | -11.08% | -16.37% | +39.48% | -14.78% | -31.40% | -23.23% | +15.57% | -46.19% | |||||
| 2025 | -8.33% | +10.17% | +33.20% | -12.62% | -31.47% | -7.25% | -9.65% | -18.46% | +11.89% | -8.57% | -11.88% | -19.17% | -59.89% |
| 2024 | +8.57% | -15.50% | -11.67% | +10.21% | -5.20% | -0.88% | +0.45% | -1.68% | -14.45% | -12.54% | -20.99% | -1.47% | -51.72% |
| 2023 | -12.70% | +0.68% | +19.82% | +34.62% | +22% | -28.71% | -19.13% | -0.29% |
Drawdown analysis of MAX Airlines Inverse 3X Inverse Leveraged ETN (JETD)
The maximum drawdown for the JETD was -95.39%, occurring on Jul 6, 2026. This drawdown has not yet recovered.
The current JETD drawdown is -94.40%.
Since Jun 21, 2023 JETD has experienced the following drawdowns:
- 50% or more: 1 time
- 40% or more: 1 time
- 30% or more: 1 time
- 20% or more: 2 times
- 10% or more: 2 times
| Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -95.39% | Oct 27, 2023 | 671 | Jul 6, 2026 | Ongoing | Ongoing | Ongoing |
| -21.83% | Jun 23, 2023 | 11 | Jul 11, 2023 | 27 | Aug 17, 2023 | 38 |
| -6.74% | Oct 3, 2023 | 6 | Oct 11, 2023 | 2 | Oct 13, 2023 | 8 |
| -6.69% | Aug 24, 2023 | 3 | Aug 29, 2023 | 4 | Sep 5, 2023 | 7 |
| -4.11% | Oct 13, 2023 | 2 | Oct 17, 2023 | 1 | Oct 18, 2023 | 3 |
| -3.85% | Oct 23, 2023 | 1 | Oct 24, 2023 | 1 | Oct 25, 2023 | 2 |
| -2.24% | Sep 26, 2023 | 2 | Sep 28, 2023 | 2 | Oct 2, 2023 | 4 |
| -2.24% | Sep 13, 2023 | 2 | Sep 15, 2023 | 1 | Sep 18, 2023 | 3 |
| -1.99% | Aug 22, 2023 | 1 | Aug 23, 2023 | 1 | Aug 24, 2023 | 2 |
| -0.49% | Sep 22, 2023 | 1 | Sep 25, 2023 | 1 | Sep 26, 2023 | 2 |
| -0.40% | Sep 18, 2023 | 1 | Sep 19, 2023 | 1 | Sep 20, 2023 | 2 |
| -0.04% | Aug 18, 2023 | 1 | Aug 21, 2023 | 1 | Aug 22, 2023 | 2 |