JPNU - Bank of Montreal - MicroSectors 3x Long Japan ETNs due July 31, 2046

JPNU attempts to achieve the 3x leveraged returns of the VettaFi Japan Equity Fund Tracking Index. This index tracks the performance of the iShares MSCI Japan ETF (NYSE Arca: EWJ). EWJ provides broad exposure to the Japanese equity market.

Sector
Financial Services
Industry
Asset Management
Market Cap
$4.9M
Beta
0.00
52-Week Range
24.56-27.76
IPO Date
Aug 20, 2026
Exchange
CBOE

JPNU Options Snapshot

Options pricing data for JPNU is refreshed daily after the close. When listed contracts exist, this page surfaces the latest at-the-money implied volatility, max pain strike, dealer gamma exposure (GEX), and 25-delta skew. Listed contracts and live snapshots appear once the options chain has been published by the exchange for the most recent session.

What This Page Covers

The JPNU overview links into per-metric analysis views: max pain, gamma exposure, volatility skew, expected move, options chain, open interest history, and aggregate Greeks. Microstructure data is available on short interest, short volume, fail-to-deliver, and market structure.

JPNU fund facts: expense ratio 0.95%, assets under management $5.2M, NAV $26.04 as of the data source's update on Oct 10, 2026, launched Aug 21, 2026, issued by REX Microsectors. See the JPNU holdings.

Frequently asked JPNU overview questions

What is JPNU?
JPNU is the ticker symbol for Bank of Montreal - MicroSectors 3x Long Japan ETNs due July 31, 2046, an listed exchange-traded fund. JPNU attempts to achieve the 3x leveraged returns of the VettaFi Japan Equity Fund Tracking Index. This index tracks the performance of the iShares MSCI Japan ETF (NYSE Arca: EWJ). Listed on CBOE. JPNU is the ETF ticker shown on this page; ETF traders use the fund for diversified exposure to its underlying basket, for sector and factor rotation, and for hedging or replication strategies via the listed options chain.
What are JPNU's key statistics?
Bank of Montreal - MicroSectors 3x Long Japan ETNs due July 31, 2046 (JPNU) carries a market capitalization of $4.9M, 52-week range of 24.56-27.76. Full holdings disclosure, expense ratio, and tracking-error history live on the per-ticker fundamentals page or the sponsor's site; daily NAV and premium/discount-to-NAV are accessible from the same view. These structural inputs frame how the ETF options market prices implied volatility relative to its constituents.
What sector or industry does JPNU belong to?
Bank of Montreal - MicroSectors 3x Long Japan ETNs due July 31, 2046 operates in the Financial Services sector, in the Asset Management industry. Sector classification affects how the ticker correlates with sector ETFs, how it reacts to macro factors like rate moves and commodity prices, and how its options pricing compares to sector peers. Compare JPNU's implied volatility and skew against sector benchmarks to gauge whether the options market is pricing single-name or systemic risk relative to the broader peer group.
How current is the JPNU data on this page?
Options snapshots refresh after each trading session; if no snapshot is currently posted for JPNU, it usually reflects low options liquidity or a recently listed name. Fund-level fields (sponsor, expense ratio, holdings concentration where available) refresh from the vendor feed nightly. ETF-specific filings (N-CSR, N-PX, N-CEN) update on the SEC EDGAR cadence. FINRA microstructure data refreshes on the source's cadence; for ETFs the off-exchange volume signal is dominated by authorized-participant creation and redemption rather than directional flow.