CARU vs. BEEZ ETF Comparison
Comparison of Bank Of Montreal MAX Auto Industry 3x Leveraged ETN (CARU) to Honeytree U.S. Equity ETF (BEEZ)
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
20
BEEZ
Honeytree U.S. Equity ETF
BEEZ Description
The fund is an actively managed exchange-traded fund ("ETF") sub-advised by Honeytree Investment Management Ltd. (the "Sub-Adviser"). The fund does not seek to replicate the performance of a specified index. The fund seeks to achieve its investment objective by investing at least 80% of the fund"s net assets, plus borrowings for investment purposes in a concentrated portfolio of large-cap and mid-cap U.S. listed equity stocks.Grade (RS Rating)
Last Trade
$33.02
Average Daily Volume
597
25
Performance
| Period | CARU | BEEZ |
|---|---|---|
| 30 Days | 38.43% | 1.81% |
| 60 Days | 28.09% | 2.14% |
| 90 Days | 14.74% | 5.66% |
| 12 Months | 87.33% | 25.81% |
0 Overlapping Holdings
| Symbol | Grade | Weight in CARU | Weight in BEEZ | Overlap |
|---|
CARU Overweight 20 Positions Relative to BEEZ
CARU Underweight 25 Positions Relative to BEEZ
| Symbol | Grade | Weight | |
|---|---|---|---|
| INTU | C | -4.17% | |
| HD | A | -4.13% | |
| ACN | C | -4.11% | |
| COST | B | -4.1% | |
| NOW | A | -4.09% | |
| CMI | A | -4.08% | |
| EW | C | -4.07% | |
| ZTS | D | -4.05% | |
| V | A | -4.04% | |
| FAST | B | -4.03% | |
| ATR | B | -4.02% | |
| WTS | B | -4.02% | |
| MA | C | -4.01% | |
| SHW | A | -3.99% | |
| EQIX | A | -3.98% | |
| ITW | B | -3.98% | |
| APD | A | -3.97% | |
| TMO | F | -3.92% | |
| AMT | D | -3.91% | |
| A | D | -3.9% | |
| MAS | D | -3.87% | |
| TSCO | D | -3.86% | |
| TXN | C | -3.78% | |
| LRCX | F | -3.76% | |
| OLED | D | -3.72% |
CARU: Top Represented Industries & Keywords
BEEZ: Top Represented Industries & Keywords
Compare ETFs
