Performance analysis of MAX Airlines 3X Leveraged ETN (JETU)
Annual Return
Since Jun 21, 2023, JETU has had an average annual return of +5.31%, underperforming the benchmark SPY, which returned +21.91% annual.
| 2026 | 2025 | 2024 | 2023 | ||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
| -2.27% | +3.88% | +38.02% | -16.85% |
Monthly Return
| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Annually Total |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | +8.10% | +11.86% | -33.96% | +8.39% | +32.53% | -14.81% | -2.27% | ||||||
| 2025 | +6.31% | -11.67% | -30.43% | -22.20% | +37.56% | +2.95% | +4.39% | +16.48% | -12.57% | +5.98% | +7.17% | +19.52% | +3.88% |
| 2024 | -12.32% | +15.53% | +10.76% | -12.58% | +2.54% | -1.17% | -4.14% | -3.80% | +13.24% | +10.51% | +22.31% | -1.62% | +38.02% |
| 2023 | +13.23% | -3.18% | -18.58% | -27.32% | -21.10% | +35.62% | +19.80% | -16.85% |
Drawdown analysis of MAX Airlines 3X Leveraged ETN (JETU)
The maximum drawdown for the JETU was -68.64%, occurring on Apr 8, 2025. Recovery took 187 trading sessions.
The current JETU drawdown is -30.00%.
Since Jun 21, 2023 JETU has experienced the following drawdowns:
- 50% or more: 2 times
- 40% or more: 3 times
- 30% or more: 3 times
- 20% or more: 3 times
- 10% or more: 4 times
| Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -68.64% | Jan 21, 2025 | 54 | Apr 8, 2025 | 187 | Jan 6, 2026 | 241 |
| -60.59% | Jul 11, 2023 | 77 | Oct 27, 2023 | 305 | Jan 16, 2025 | 382 |
| -49.39% | Feb 6, 2026 | 35 | Mar 30, 2026 | Ongoing | Ongoing | Ongoing |
| -13.54% | Jan 15, 2026 | 8 | Jan 28, 2026 | 4 | Feb 3, 2026 | 12 |
| -3.64% | Jul 5, 2023 | 1 | Jul 6, 2023 | 2 | Jul 10, 2023 | 3 |
| -3.01% | Jan 12, 2026 | 2 | Jan 14, 2026 | 1 | Jan 15, 2026 | 3 |
| -2.99% | Jun 21, 2023 | 2 | Jun 23, 2023 | 2 | Jun 27, 2023 | 4 |
| -2.78% | Jan 6, 2026 | 1 | Jan 7, 2026 | 2 | Jan 9, 2026 | 3 |
| -2.39% | Feb 4, 2026 | 1 | Feb 5, 2026 | 1 | Feb 6, 2026 | 2 |