CARD vs. HERO ETF Comparison
Comparison of Bank Of Montreal MAX Auto Industry -3x Inverse Leveraged ETN (CARD) to Global X Video Games & Esports ETF (HERO)
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
$7.92
Average Daily Volume
2,026
20
HERO
Global X Video Games & Esports ETF
HERO Description
The Global X Video Games & Esports ETF (HERO) seeks to invest in companies that develop or publish video games, facilitate the streaming and distribution of video gaming or esports content, own and operate within competitive esports leagues, or produce hardware used in video games and esports, including augmented and virtual reality.Grade (RS Rating)
Last Trade
$23.46
Average Daily Volume
50,469
13
Performance
Period | CARD | HERO |
---|---|---|
30 Days | -25.03% | 0.56% |
60 Days | -20.69% | 2.71% |
90 Days | -22.99% | 4.68% |
12 Months | -70.44% | 18.46% |
0 Overlapping Holdings
Symbol | Grade | Weight in CARD | Weight in HERO | Overlap |
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CARD Overweight 20 Positions Relative to HERO
CARD: Top Represented Industries & Keywords
HERO: Top Represented Industries & Keywords