TRAVEL

EXCHANGE TRADED NOTES

The MicroSectors™ Travel lineup of exchange traded notes provide +3x leveraged exposure and -3x inverse leveraged exposure to the performance of the MerQube MicroSectors™ U.S. Travel Index. LEARN MORE ABOUT BMO ETNs

Symbol

FLYU

DESCRIPTION

3X Leveraged Exposure

DOCUMENTS

Symbol

FLYD

DESCRIPTION

-3X Inverse Leveraged Exposure

DOCUMENTS

WHAT IS THE MERQUBE MICROSECTORS™ U.S. TRAVEL INDEX?

The MerQube MicroSectors™ U.S. Travel Index tracks the performance of large, liquid U.S. listed and domiciled companies operating in the following RBICS Sub Industries related to travel and tourism:

  • Amusement Centers and Theme Parks
  • Asia/Pacific Air Passenger Service Providers
  • Budget Hotels and Motels
  • Casinos and Casino Hotels
  • Europe Air Passenger Service Providers
  • Full-Service Hotels and Resorts
  • Hospitality Industry Software
  • Hospitality IT Services
  • Luxury Hotels and Resorts
  • Mixed Usage Travel Arrangement and Reservation
  • Mixed-Type Hotels, Motels and Resorts
  • Multi-Region Air Passenger Transportation
  • Multi-Type Passenger Transportation
  • Ocean-Going Cruise Lines
  • Passenger Car Rental
  • River Cruise Lines
  • Tour Operators
  • Travel Agencies
  • Travel Publishers
  • United States Air Passenger Service Providers
  • Vacation Ownership Operators
  • Winter Sports

The Index rebalances monthly and reconstitutes quarterly. The Index’s underlying composition is weighted based on liquidity, subject to single component capping rules to ensure diversification.

LEARN MORE ABOUT THE MERQUBE MICROSECTORS TRAVEL INDEX

MerQube MicroSectors™ U.S. Travel Index Components*

  • 15.45% WALT DISNEY CO/THE
  • 12.27% UBER TECHNOLOGIES INC
  • 9.31% BOOKING HOLDINGS INC
  • 9.07% AIRBNB INC-CLASS A
  • 4.62% AMERICAN AIRLINES GROUP INC
  • 4.51% DELTA AIR LINES INC
  • 4.45% CARNIVAL CORP
  • 3.98% UNITED AIRLINES HOLDINGS INC
  • 3.64% MARRIOTT INTERNATIONAL -CL A
  • 3.09% LAS VEGAS SANDS CORP
  • 2.89% ROYAL CARIBBEAN CRUISES LTD
  • 2.76% HILTON WORLDWIDE HOLDINGS IN
  • 2.75% WYNN RESORTS LTD
  • 2.72% EXPEDIA GROUP INC
  • 2.71% SOUTHWEST AIRLINES CO
  • 2.32% NORWEGIAN CRUISE LINE HOLDIN
  • 2.20% MGM RESORTS INTERNATIONAL
  • 1.97% LYFT INC-A
  • 1.38% CAESARS ENTERTAINMENT INC
  • 1.04% PENN ENTERTAINMENT INC
  • 1.02% ALASKA AIR GROUP INC
  • 1.02% VAIL RESORTS INC
  • 0.99% HYATT HOTELS CORP - CL A
  • 0.88% AVIS BUDGET GROUP INC
  • 0.71% WYNDHAM HOTELS & RESORTS INC
  • 0.60% BOYD GAMING CORP
  • 0.60% CHOICE HOTELS INTL INC
  • 0.49% CHURCHILL DOWNS INC
  • 0.45% UNITED PARKS & RESORTS INC
  • 0.10% ST JOE CO/THE

*Index reconstitutes quarterly, rebalances monthly. Components as of SOD 02/14/2024, weightings rounded for ease of analysis.

Performance

Source: Bloomberg L.P. Index data prior to November 1, 2021 is hypothetical and reflects the application of the index methodology in hindsight. The hypothetical data cannot completely account for the impact of financial risk in actual trading. Past historical or hypothetical data is not a guarantee of future index results.

MerQube does not sponsor, endorse, sell, promote or manage any securities that are offered by third parties and that seek to provide an investment return based on the performance of the Index. MerQube makes no assurance that the notes or any other investment products based on the Index will accurately track index performance or provide positive investment returns. MerQube is not an investment advisor, and MerQube makes no representation regarding the advisability of investing in any such securities.

MerQube and its third-party data providers and licensors (collectively the “MerQube Parties”) do not-guarantee the accuracy, completeness, timeliness or availability of the any data relating to the Index (the “Content”). The MerQube Parties are not responsible for any errors or omissions, regardless of the cause, for the results obtained from the use of the Content. THE CONTENT IS PROVIDED ON AN “AS IS” BASIS, AND THE MERQUBE PARTIES DISCLAIM ANY AND ALL EXPRESS OR IMPLIED WARRANTIES, INCLUDING, BUT NOT LIMITED TO, ANY WARRANTIES OF MERCHANTABILITY OR FITNESS FOR A PARTICULAR PURPOSE OR USE, FREEDOM FROM BUGS, SOFTWARE ERRORS OR DEFECTS, OR THAT THE CONTENT’S FUNCTIONING WILL BE UNINTERRUPTED. In no event shall the MerQube Parties be liable to any party for any direct, indirect, incidental, exemplary, compensatory, punitive, special or consequential damages, costs, expenses, legal fees, or losses (including, without limitation, lost income or lost profits and opportunity costs) in connection with any use of the Content, even if advised of the possibility of such damages.