CARD vs. EBLU ETF Comparison
Comparison of Bank Of Montreal MAX Auto Industry -3x Inverse Leveraged ETN (CARD) to Ecofin Global Water ESG Fund (EBLU)
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
$7.21
Average Daily Volume
2,286
20
EBLU
Ecofin Global Water ESG Fund
EBLU Description
The Tortoise Global Water ESG Fund uses a passive management approach and seeks investment results that correspond generally to the price and distribution rate performance of the Tortoise Global Water ESG Net Total Return Index®, which is comprised of companies across the globe and throughout the water cycle that we believe are positioned to benefit from the pursuit of solving the water supply/demand imbalance.Grade (RS Rating)
Last Trade
$50.17
Average Daily Volume
2,235
22
Performance
| Period | CARD | EBLU |
|---|---|---|
| 30 Days | -33.65% | 4.15% |
| 60 Days | -27.31% | 3.94% |
| 90 Days | -24.37% | 10.77% |
| 12 Months | -73.66% | 31.90% |
0 Overlapping Holdings
| Symbol | Grade | Weight in CARD | Weight in EBLU | Overlap |
|---|
CARD Overweight 20 Positions Relative to EBLU
CARD Underweight 22 Positions Relative to EBLU
| Symbol | Grade | Weight | |
|---|---|---|---|
| ANET | C | -5.99% | |
| ERII | D | -4.87% | |
| CNM | D | -4.29% | |
| BMI | B | -4.12% | |
| ECL | D | -3.94% | |
| FELE | B | -3.53% | |
| AOS | F | -3.49% | |
| WMS | D | -3.42% | |
| AWK | D | -3.37% | |
| WTRG | B | -3.32% | |
| FBIN | D | -3.11% | |
| IEX | B | -2.92% | |
| LNN | B | -2.13% | |
| MWA | B | -1.92% | |
| PNR | A | -1.51% | |
| WTTR | B | -1.35% | |
| MEG | F | -1.3% | |
| TTEK | F | -0.37% | |
| WTS | B | -0.33% | |
| VLTO | D | -0.31% | |
| XYL | D | -0.27% | |
| ZWS | B | -0.17% |
CARD: Top Represented Industries & Keywords
EBLU: Top Represented Industries & Keywords
Compare ETFs
