CARU vs. FTXR ETF Comparison

Comparison of Bank Of Montreal MAX Auto Industry 3x Leveraged ETN (CARU) to First Trust Nasdaq Transportation ETF (FTXR)
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

$28.81

Average Daily Volume

117

Number of Holdings *

20

* may have additional holdings in another (foreign) market
FTXR

First Trust Nasdaq Transportation ETF

FTXR Description The First Trust Nasdaq Transportation ETF is an exchange-traded fund. The investment objective of the Fund is to seek investment results that correspond generally to the price and yield, before the Fund's fees and expenses, of an index called the Nasdaq US Smart Transportation Index. The Fund seeks to replicate the holdings and weightings of the Nasdaq US Smart Transportation Index so as to generate performance results 95% correlated to that of the Nasdaq US Smart Transportation Index.

Grade (RS Rating)

Last Trade

$36.02

Average Daily Volume

4,751

Number of Holdings *

40

* may have additional holdings in another (foreign) market
Performance
Period CARU FTXR
30 Days 35.91% 11.48%
60 Days 30.82% 17.39%
90 Days 26.69% 21.23%
12 Months 66.67% 36.15%
5 Overlapping Holdings
Symbol Grade Weight in CARU Weight in FTXR Overlap
F C 10.52% 6.75% 6.75%
FSS C 0.91% 0.41% 0.41%
GM A 10.14% 7.8% 7.8%
GPC D 4.01% 1.47% 1.47%
TSLA B 11.83% 11.0% 11.0%
CARU Overweight 15 Positions Relative to FTXR
Symbol Grade Weight
RIVN D 8.97%
ORLY A 8.54%
CVNA B 8.54%
AZO C 8.54%
KMX C 4.15%
STLA F 3.91%
LCID F 3.47%
AAP D 3.0%
LAD B 2.29%
AN C 1.91%
TM F 1.91%
ABG B 1.31%
GPI A 1.26%
PAG B 0.87%
HMC F 0.78%
CARU Underweight 35 Positions Relative to FTXR
Symbol Grade Weight
UPS C -6.89%
UAL B -6.83%
UNP C -6.36%
DAL A -5.03%
PCAR B -4.07%
URI B -3.97%
CSX B -3.59%
NSC B -3.56%
FDX B -3.26%
R A -2.76%
ODFL B -2.22%
WAB A -2.15%
HRI B -1.92%
AL B -1.88%
APTV D -1.87%
JBHT B -1.81%
BWA B -1.54%
XPO B -1.16%
SKYW B -1.15%
LKQ D -1.15%
ALSN A -1.11%
LUV B -1.09%
MATX A -0.78%
KEX B -0.73%
EXPD D -0.73%
GATX A -0.58%
TRN B -0.56%
GNTX C -0.55%
DORM B -0.51%
INSW F -0.5%
OSK B -0.45%
CHRW A -0.45%
LSTR B -0.45%
RXO C -0.44%
VC D -0.39%
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