ARGT vs. CARU ETF Comparison

Comparison of Global X FTSE Argentina 20 ETF (ARGT) to Bank Of Montreal MAX Auto Industry 3x Leveraged ETN (CARU)

ARGT

Global X FTSE Argentina 20 ETF

ARGT Description

The investment seeks to provide investment results that correspond generally to the price and yield performance, before fees and expenses, of the FTSE Argentina 20 Index. The fund invests at least 80% of its total assets in the securities of the underlying index and in ADRs and GDRs based on the securities in the underlying index. The underlying index is designed to measure equity performance of the top 20 companies within the investable universe of Argentina-domiciled companies or companies that have substantial revenues or assets in Argentina. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$82.68

Average Daily Volume

203,569

Number of Holdings ^*

* may have additional holdings in another (foreign) market

CARU

Bank Of Montreal MAX Auto Industry 3x Leveraged ETN

CARU Description

CARU is an aggressive and bullish one-day bet on the US auto industry. The fund provides 3x daily leveraged exposure to a modified liquidity-weighted index that includes firms engaged in automobile manufacturing, automobile parts and retail, and car dealing. The index defines the industries based on the North American Industry Classification System (NAICS) and selects US-listed equities, excluding ETPs. The fund gains its international exposure through the use of ADRs, but will specifically exclude issuers organized in Canada or China. As a geared product, CARU is designed as a short-term trading tool and not a long-term investment vehicle. Long-term returns could materially differ from those of the index due to daily compounding. Since the fund uses an ETN structure, investors assume the credit risk of the issuer.

Grade (RS Rating)

Last Trade

$29.10

Average Daily Volume

157

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	ARGT	CARU
30 Days	16.81%	38.43%
60 Days	20.47%	28.09%
90 Days	32.20%	14.74%
12 Months	79.63%	87.33%

0 Overlapping Holdings

	Symbol	Grade	Weight in ARGT	Weight in CARU	Overlap

ARGT Overweight 19 Positions Relative to CARU

Symbol	Grade	Weight
MELI	D	17.94%
GGAL	C	12.47%
YPF	B	11.56%
PAM	A	5.23%
BMA	B	5.13%
TGS	A	4.97%
CEPU	B	3.46%
BBAR	B	3.2%
AKO.A	F	2.99%
ARCO	F	2.96%
TEO	B	2.82%
DESP	B	2.69%
AGRO	D	2.6%
EDN	B	1.9%
CAAP	C	1.69%
LOMA	C	1.68%
SUPV	B	1.47%
CRESY	B	1.05%
BIOX	F	0.47%

ARGT Underweight 20 Positions Relative to CARU

Symbol	Grade	Weight
TSLA	B	-11.83%
F	C	-10.52%
GM	B	-10.14%
RIVN	F	-8.97%
ORLY	B	-8.54%
CVNA	B	-8.54%
AZO	C	-8.54%
KMX	B	-4.15%
GPC	D	-4.01%
STLA	F	-3.91%
LCID	F	-3.47%
AAP	C	-3.0%
LAD	A	-2.29%
AN	C	-1.91%
TM	D	-1.91%
ABG	B	-1.31%
GPI	A	-1.26%
FSS	B	-0.91%
PAG	B	-0.87%
HMC	F	-0.78%

CARU: Top Represented Industries & Keywords

Industries: Auto Manufacturers Auto & Truck Dealerships Specialty Retail Pollution & Treatment Controls