This net total return index is designed to track the equity performance of U.S.-listed businesses with a significant presence in the aviation industry. It encompasses companies engaged in various related activities, including direct air transport, the manufacturing of aircraft and their components, air cargo and logistics, aircraft leasing, and the operational management of both airlines and airports.

MAX Airlines 3X 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	-9.66%
1Y	8.46%
3Y	7.17%
1Y volatility	67.90%
3Y volatility	63.68%
Sharpe ratio	0.35

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