Microsectors Travel 3x Etf Profile

FLYD Etf  USD 8.12  0.04  0.50%   

Performance

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Odds Of Distress

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MicroSectors Travel is trading at 8.12 as of the 5th of August 2025, a 0.50 percent up since the beginning of the trading day. The etf's lowest day price was 8.09. MicroSectors Travel has less than a 9 % chance of experiencing financial distress in the next few years, but has generated negative returns over the last 90 days. The performance scores are derived for the period starting the 7th of May 2025 and ending today, the 5th of August 2025. Click here to learn more.

Moving together with MicroSectors Etf

  0.97SH ProShares Short SP500PairCorr
  0.95PSQ ProShares Short QQQPairCorr
  0.96SPXU ProShares UltraPro Short Aggressive PushPairCorr
  0.96SDS ProShares UltraShort Aggressive PushPairCorr
  0.96SPXS Direxion Daily SP Aggressive PushPairCorr
  0.95QID ProShares UltraShort QQQPairCorr

Moving against MicroSectors Etf

  0.95ITDD iShares TrustPairCorr
  0.86PFFL ETRACS 2xMonthly PayPairCorr
  0.79DD Dupont De NemoursPairCorr
  0.72PMBS PIMCO Mortgage BackedPairCorr
  0.68BA BoeingPairCorr
  0.6AXP American ExpressPairCorr

MicroSectors Etf Highlights

Thematic Ideas
(View all Themes)
Business ConcentrationSector ETFs, Consumer Discretionary ETFs, Trading--Inverse Equity (View all Sectors)
IssuerBank of Montreal
Inception Date2022-06-21
BenchmarkMerQube MicroSectors U.S. Travel Index
Entity TypeExchange-Traded Note
Asset TypeEquity
CategorySector
FocusConsumer Discretionary
Market ConcentrationDeveloped Markets
RegionNorth America
AdvisorBank of Montreal
ExchangeNYSE Arca, Inc.
Market MakerVirtu Financial
Total Expense0.95
Country NameUSA
Returns Y T D(44.61)
NameMicroSectors Travel -3X Inverse Leveraged ETNs
Currency CodeUSD
Open FigiBBG013KKRB29
In Threey Volatility82.58
1y Volatility76.05
200 Day M A14.2924
50 Day M A8.9911
CodeFLYD
Updated At5th of August 2025
Currency NameUS Dollar
In Threey Sharp Ratio(0.82)
TypeETF
MicroSectors Travel 3X [FLYD] is traded in USA and was established null. The fund is listed under Trading--Inverse Equity. The entity is thematically classified as Sector ETFs. MicroSectors Travel currently have in assets under management (AUM). , while the total return for the last 3 years was -62.9%.
Check MicroSectors Travel Probability Of Bankruptcy

MicroSectors Travel Risk Profiles

The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in MicroSectors Travel. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures.

MicroSectors Travel Against Markets

When determining whether MicroSectors Travel is a strong investment it is important to analyze MicroSectors Travel's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact MicroSectors Travel's future performance. For an informed investment choice regarding MicroSectors Etf, refer to the following important reports:
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in MicroSectors Travel 3X. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in manufacturing.
You can also try the Portfolio Manager module to state of the art Portfolio Manager to monitor and improve performance of your invested capital.
The market value of MicroSectors Travel is measured differently than its book value, which is the value of MicroSectors that is recorded on the company's balance sheet. Investors also form their own opinion of MicroSectors Travel's value that differs from its market value or its book value, called intrinsic value, which is MicroSectors Travel's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because MicroSectors Travel's market value can be influenced by many factors that don't directly affect MicroSectors Travel's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between MicroSectors Travel's value and its price as these two are different measures arrived at by different means. Investors typically determine if MicroSectors Travel is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, MicroSectors Travel's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.