This net total return index specifically monitors the share performance of publicly traded U.S. companies whose primary activities lie within the extensive aviation and aerospace industries. Its coverage encompasses a diverse array of businesses, including commercial air carriers, producers of airplanes and related parts, air cargo and supply chain management firms, aircraft leasing providers, and entities responsible for the operation and management of airlines and airports.

MAX Airlines -3X Inverse Leveraged ETNs

The index is a net total return index that tracks the stock prices of U.S.-listed companies that have operations relating to the airline industry, including airlines and aircraft and aircraft parts manufacturers, and companies engaged in the businesses of air freight and logistics, aircraft leasing and airline and airport operations.

YTD	-33.75%
1Y	-51.73%
3Y	-50.61%
1Y volatility	73.70%
3Y volatility	63.45%
Sharpe ratio	-0.87

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