CARD vs. DRIV ETF Comparison
Comparison of Bank Of Montreal MAX Auto Industry -3x Inverse Leveraged ETN (CARD) to Global X Autonomous & Electric Vehicles ETF (DRIV)
CARD
Bank Of Montreal MAX Auto Industry -3x Inverse Leveraged ETN
CARD Description
CARD makes a big and bearish one-day bet against the US auto industry. The fund provides 3x daily inverse 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, CARD 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
$9.71
Average Daily Volume
2,087
20
DRIV
Global X Autonomous & Electric Vehicles ETF
DRIV Description
The investment seeks to provide investment results that correspond generally to the price and yield performance, before fees and expenses, of the Solactive Autonomous & Electric Vehicles Index. The fund invests at least 80% of its total assets in the securities of the index. The index is designed to provide exposure to exchange-listed companies that are involved in the development of electric vehicles and/or autonomous vehicles, including companies that produce electric/hybrid vehicles, electric/hybrid vehicle components and materials, autonomous driving technology, and network connected services for transportation. It is non-diversified.Grade (RS Rating)
Last Trade
$22.93
Average Daily Volume
85,010
41
Performance
| Period | CARD | DRIV |
|---|---|---|
| 30 Days | -10.48% | -1.59% |
| 60 Days | -14.76% | 9.35% |
| 90 Days | -27.08% | 11.36% |
| 12 Months | -63.99% | 5.31% |
CARD Underweight 34 Positions Relative to DRIV
| Symbol | Grade | Weight | |
|---|---|---|---|
| NVDA | B | -3.53% | |
| MSFT | D | -3.03% | |
| GOOGL | B | -2.87% | |
| QCOM | F | -2.66% | |
| HON | B | -2.52% | |
| INTC | C | -1.8% | |
| NXPI | D | -1.67% | |
| XPEV | B | -1.67% | |
| WAB | A | -1.63% | |
| NIO | D | -1.49% | |
| COHR | B | -1.48% | |
| BIDU | F | -1.38% | |
| ON | D | -1.37% | |
| SITM | B | -1.32% | |
| CBT | B | -1.31% | |
| CEVA | D | -1.29% | |
| APTV | F | -1.27% | |
| ITT | B | -1.27% | |
| ATI | F | -1.25% | |
| ALB | C | -1.24% | |
| SQM | D | -1.17% | |
| ENS | D | -1.08% | |
| AMBA | C | -1.03% | |
| HY | D | -1.03% | |
| LEA | F | -0.99% | |
| VC | F | -0.97% | |
| AXL | F | -0.97% | |
| THRM | F | -0.9% | |
| ALGM | F | -0.83% | |
| BE | D | -0.78% | |
| PLUG | C | -0.77% | |
| QS | F | -0.74% | |
| INDI | F | -0.53% | |
| LAZR | F | -0.52% |
CARD: Top Represented Industries & Keywords
DRIV: Top Represented Industries & Keywords
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