CARD vs. KMID ETF Comparison
Comparison of Bank Of Montreal MAX Auto Industry -3x Inverse Leveraged ETN (CARD) to Virtus KAR Mid-Cap ETF (KMID)
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
KMID
Virtus KAR Mid-Cap ETF
KMID Description
The fund advisor pursues long-term capital appreciation in the medium capitalization sector while seeking less market risk than the Russell Midcap® Index. The fund advisor invests in medium market capitalization companies believed by Kayne Anderson Rudnick Investment Management, LLC, the fund"s sub-adviser, to be undervalued relative to their future growth potential. The fund is non-diversified.Grade (RS Rating)
Last Trade
$25.28
Average Daily Volume
12,790
25
Performance
| Period | CARD | KMID |
|---|---|---|
| 30 Days | -25.03% | 1.41% |
| 60 Days | -20.69% | |
| 90 Days | -22.99% | |
| 12 Months | -70.44% |
0 Overlapping Holdings
| Symbol | Grade | Weight in CARD | Weight in KMID | Overlap |
|---|
CARD Overweight 20 Positions Relative to KMID
CARD Underweight 25 Positions Relative to KMID
| Symbol | Grade | Weight | |
|---|---|---|---|
| AME | A | -6.31% | |
| TDY | B | -4.11% | |
| HEI | A | -4.06% | |
| EFX | F | -3.98% | |
| LII | A | -3.97% | |
| WST | C | -3.92% | |
| POOL | D | -3.92% | |
| ROST | D | -3.88% | |
| ODFL | B | -3.82% | |
| DPZ | C | -3.82% | |
| PNR | B | -3.68% | |
| VRSK | A | -3.63% | |
| WAB | B | -3.57% | |
| BRO | B | -3.55% | |
| NDSN | C | -3.5% | |
| ROL | B | -3.42% | |
| FICO | A | -3.28% | |
| BSY | D | -3.25% | |
| LPLA | A | -3.1% | |
| MSCI | C | -2.94% | |
| ALGN | D | -2.92% | |
| BR | B | -2.92% | |
| FDS | B | -2.64% | |
| WRB | A | -2.47% | |
| MPWR | F | -2.35% |
CARD: Top Represented Industries & Keywords
KMID: Top Represented Industries & Keywords
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