What is FLYU?

FLYU tracks 3x the daily price movements of a liquidity-weighted index of US-listed travel-related companies.

PERFORMANCE [as of 01/20/23] 1 MONTH 3 MONTHS YTD 1 YEAR 3 YEARS 5 YEARS 10 YEARS
FLYU 63.56% 40.34% 70.13% -- -- -- --
FLYU (NAV) 63.64% 40.63% 69.91% -- -- -- --
N/A -- -- -- -- -- -- --
All returns over 1 year are annualized. All returns are total returns unless otherwise stated.

FLYU Factset Analytics Insight

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.

FLYU Summary Data

BMO
06/21/22
--
$5.66M
MerQube MicroSectors U.S. Travel Index
N/A
Exchange-Traded Note

Peers

N/A
N/A

Fund Flows

$0.00B 5 Days
$0.00B 30 Days
$0.00B 90 Days

FLYU Fund Structure

Yes
No
-- / --
BMO Asset Management, Inc.
N/A
High
3
Daily

FLYU Tax Exposures

20.00% / 39.60%
--
No

FLYU Portfolio Data

--
N/A

FLYU Index Data

MerQube MicroSectors U.S. Travel Index
Liquidity
Market Cap
N/A

Factset Analytics Block Liquidity

As of 01/23/23

This measurement shows how easy it is to trade a $1 million USD block of FLYU. FLYU is rated a N/A out of 5.

FLYU Tradability

2,041
$53.16K
1,685
$46.27K
0.60%
$0.15
-0.01%
1.67% / -0.52%
None
100.00%
--
--
--
--
0
$34.28
N/A

Options Strategies for Outcome Investing

A collar strategy is a protective option strategy constructed by writing a call and buying a put with the same expiration date while being long the underlying security.